China Life Insurance Co Ltd - Company Profile
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China Life Insurance Co Ltd (China Life), a subsidiary of China Life Insurance (Group) Company, offers a range of life insurance products. It provides term life insurance, whole life insurance, endowment insurance, universal life insurance, group life insurance and annuity policies. China Life also provides accident and health insurance products such as medical expense insurance, disease-specific insurance, and defined benefit insurance. The company serves individuals, small- to medium-sized companies and large institutional clients in China. It markets and distributes products through direct-sales representatives, insurance agency companies, commercial banks, and insurance brokerage companies. China Life is headquartered in Beijing, China.
Headquarters
China
Address
No. 16, Jinrong Avenue, Xicheng District, Beijing, 100033
Website
www.e-chinalife.com
Telephone
86 10 63633333
No of Employees
100,000
Industry
Financial Services
Ticker Symbol & Exchange
601628 (SHA)
Revenue (2022)
$118.5B
1.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-34.2%
(2022 vs 2021)
Market Cap*
$91.2B
Net Profit Margin (2022)
XYZ
-35.1%
(2022 vs 2021)
* As of and is in US$
China Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accident insurance | Asset Management. |
| Group life insurance | |
| Individual life insurance | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | China Life Insurance Co Ltd | China Pacific Insurance (Group) Co Ltd | New China Life Insurance Co Ltd | Taiping Life Insurance Co Ltd | Huatai Insurance Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Shanghai | Beijing | Shanghai City | Beijing |
| State/Province | Beijing | Shanghai | Beijing | Shanghai | Beijing |
| No. of Employees | 100,000 | 104,502 | 32,564 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bai Tao | Chief Financial Officer; Vice President; Director | Executive Board | 2022 | 60 |
| Ruan Qi | Vice President; Chief Risk Officer | Senior Management | 2022 | 57 |
| Li Mingguang | President | Senior Management | 2023 | - |
| Yang Hong | Vice President | Senior Management | 2019 | 56 |
| Zhao Guodong | Board Secretary; Director; Assistant | Senior Management | 2023 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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