Related introduction:
China Life consists of China Life Insurance (Group) Company, its subsidiaries and directly affiliated institutions.
These include: China Life Insurance Co., Ltd., China Guangfa Bank Co., Ltd., China Life Asset Management Co., Ltd., China Life Property Insurance Co., Ltd., China Life Pension Insurance Co., Ltd., China Life E-commerce Co., Ltd., China Life Insurance (Overseas) Co., Ltd., China Life Investment Insurance Asset Management Co., Ltd., China Life Health Industry Investment Co., Ltd., Insurance Vocational College, etc.
China Life Insurance (Group) Company (hereinafter referred to as China Life Insurance) is a central financial enterprise and a state-owned super-large financial insurance enterprise company; Headquartered in Beijing, it is one of the top 500 enterprises in the world and one of the top 500 Chinese brands, and belongs to the national vice-ministerial unit.
The company's predecessor was the former China People's Insurance Company, which was established in 1949. In 1996, it was divided into PICC Life Insurance Co., Ltd., and changed its name to China Life Insurance Company in 1999.
In 2003, with the approval of the State Council and China Insurance Regulatory Commission, the former China Life Insurance Company was reorganized and changed to China Life Insurance (Group) Company.
China Life Insurance (Group) Company and its subsidiaries constitute the largest state-owned financial insurance group in China, and are also important institutional investors in China capital market. The business scope covers life insurance, property insurance, enterprise and occupational annuities, banks, funds, asset management, wealth management, industrial investment, overseas business and other fields.