Back to companies

China Life Insurance Co Ltd: Overview

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


Telephone 86 10 63633333

No of Employees 103,262

Industry Financial Services

Ticker Symbol & Exchange 601628 (SHA)

Revenue (2021) $133.0B 4% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 1.3% (2021 vs 2020)

Market Cap* $121.7B

Net Profit Margin (2021) XXX -2.5% (2021 vs 2020)

* As of and is in US$

Products and Services

Products Services
Accident insurance Asset Management
Group life insurance
Health insurance
XXX
XXX
XXX
Subscribe to Company Analytics for access to more products & services data Subscribe to Company Analytics for access to more products & services data Learn More

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In October, the company launched China Life Xinxiang Future Endowment Insurance.
2022 Financing Agreements In October, the company invested US$274.62 million in China Electronics Corporation.
2022 Others In July, the company launched a series of age-appropriate service measures to help the elderly cross the digital divide.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Get Started
Image for loader

Competitor Comparison

Key Parameters China Life Insurance Co Ltd China Pacific Insurance (Group) Co Ltd New China Life Insurance Co Ltd Huatai Insurance Group Co Ltd Ping An Life Insurance Company of China Ltd
Headquarters China China China China China
City Beijing Shanghai Beijing Beijing Shenzhen
State/Province Beijing Shanghai Beijing Beijing Guangdong
No. of Employees 103,262 107,000 34,434 - -
Entity Type Public Public Public Private Private
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Huang Xiumei Director; Vice President; Chief Financial Officer Executive Board 2020 55
Su Hengxuan President; Director Executive Board 2018 59
Li Mingguang Chief Actuary; Vice President; Director; Secretary Executive Board 2019 53
Yang Hong Vice President Senior Management 2019 55
Liu Fengji Incharge, Audit Senior Management 2021 53
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Gain more insight into company management & employee structure with Company Analytics Gain more insight into company management & employee structure with Company Analytics Subscribe
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company Analytics

Contact the team or request a demo to find out how our data can drive your business forward

Why are you leaving?