China Life Insurance Co., Ltd. history, profile and corporate video
China Life Insurance Company Limited (中国人寿保险股份有限公司), a subsidiary of China Life Insurance (Group) Company, is a Chinese financial services company, headquartered in Beijing, China.
The predecessor of the company was the original People’s Insurance Company of China (PICC), which was established with the approval of the Central Government in 1949. It was divided into China Life Insurance Co., Ltd. in 1996 and was renamed China Life Insurance Company in 1999.
In 2003, the original China Life Insurance Company was reorganized and restructured, changed to China Life Insurance (Group) Company, with the approval of the State Council and the China Insurance Regulatory Commission. It was also initiated the establishment of China Life Insurance Company Ltd.
In December 2003, China Life Insurance Company Limited was listed on the New York Stock Exchange and Hong Kong Stock Exchange.
The company develops and markets products and services such as savings, juvenile protection, retirement, annuities, medical & health insurance, life insurance, accident insurance, critical illness insurance, group medical insurance, fund investment, and others.
The group company consists of China Life Insurance 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) shares Co., Ltd., China Life Investment Insurance Asset Management Co., Ltd., China Life Health Industry Investment Co., Ltd., Insurance Vocational College, and many other companies and institutions.
With more than 102 000 employees, China Life Insurance Co., Ltd. is a core member of China Life Insurance (Group) Company, which is a Fortune Global 500 company, as well as one of the World’s Top 500 Brands. The company by itself is considered one of the top 2000 largest public companies in the world, according to Forbes.
*Information from Forbes.com, Wikipedia.org, ”www.e-chinalife.com”, ”www.chinalife.com.hk” and ”www.chinalife.com”.
**Video published on youtube.com by “China Life Insurance“.