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. It is a life insurance company. The company primarily engages in providing individual and group life insurance, annuity, and accident and health insurance. China Life offers a diversified range of insurance products and services, including long-term and short-term policies. Its products and services cater to a broad customer base, including individuals and groups across various sectors. China Life operates through an extensive distribution network comprising exclusive agents, direct sales representatives, and agencies. The company serves both urban and rural markets across China. China Life is headquartered in Beijing, China.
China Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Accident Insurance |
| Group life Insurance |
| Individual life insurance |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In June, the company announced its plans to form a joint venture with China National Nuclear Power and others to invest in Chinese nuclear power companies. |
| 2025 | New Products/Services | In June, the company launched new health insurance solution, Kangyue Zhenxiang Medical Insurance. |
| 2022 | New Products/Services | In October, the company launched China Life Xinxiang Future Endowment Insurance. |
Competitor Comparison
| Key Parameters | China Life Insurance Co Ltd | China Pacific Life Insurance Co Ltd | New China Life Insurance Co Ltd | Taiping Life Insurance Co Ltd | Ping An Life Insurance Company of China Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Shanghai | Beijing | Shanghai | Shenzhen |
| State/Province | Beijing | Shanghai | Beijing | Shanghai | Shenzhen |
| No. of Employees | 97,505 | - | 28,675 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cai Xiliang | Chairman | Executive Board | 2024 | 60 |
| Ruan Qi | Vice President; Chief Network Security Officer; Chief Risk Officer; Director | Executive Board | 2024 | 60 |
| Xu Chongmiao | Chief Compliance Officer | Senior Management | 2024 | 57 |
| Hou Jin | Chief Actuary, Assistant President | Senior Management | 2025 | 46 |
| Liu Hui | Chief Investment Officer; Vice President; Director | Executive Board | 2024 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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