1. China Life
The largest commercial insurance group in China is China Life Insurance (Group) Company and its subsidiaries, and it is also one of the largest institutional investors in China capital market. In 20 1 1 year, the market share of domestic life insurance business was 34.75%, with total income reaching 357.375 billion yuan and total assets reaching 1.96 trillion yuan.
2. Peace in China
China Ping An, 1988 was born in Shekou, Shenzhen. It is the most comprehensive financial service group in China and has developed into a comprehensive, compact and diversified comprehensive financial service group integrating insurance, banking and investment. It is the first joint-stock insurance company in China.
3. Pacific Insurance Company
China Pacific Insurance Company, also known as Pacific Insurance Company, is referred to as China Pacific Insurance Company or Pacific Insurance Company for short, formerly known as China Pacific Insurance Company, and was established in May 199 1. It is a national joint-stock commercial insurance company approved by the Bank of China and the People's Government. 200 1, the former China Pacific Insurance Company was renamed "China Pacific Insurance (Group) Co., Ltd.".
4. China PICC
China PICC Group Co., Ltd. (hereinafter referred to as China PICC) is a comprehensive insurance (financial) company with a registered capital of 30.6 billion yuan. It owns more than ten professional subsidiaries, and China PICC also holds 32.35% shares in China Credit Trust.
5. New China Life Insurance
New china life insurance co Co., Ltd. (hereinafter referred to as "Xinhua Life Insurance") was established in September, 1996, headquartered in Beijing, and is a large life insurance enterprise.
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1. China Life Insurance (Group) Co., Ltd. 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) Co., Ltd., China Life Investment Holdings Co., Ltd., China Life Health Industry Investment Co., Ltd., 66.
2. China Life Insurance (Group) Co., Ltd. is a large state-owned financial insurance enterprise and one of the largest institutional investors in China's capital market, headquartered in Beijing. 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 consent of the State Council and the approval of China Insurance Regulatory Commission, the original China Life Insurance Company was reorganized and changed to China Life Insurance (Group) Company. China Life Insurance (Group) Company has 8 first-class subsidiaries and 1 subsidiary. 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, and at the same time, it enters securities, trust, futures, real estate and other industries through strategic equity participation.
3. In 2020, China Life Group's consolidated operating income was nearly 1 trillion yuan, consolidated premium income exceeded 750 billion yuan, consolidated total assets exceeded 5 trillion yuan, and consolidated management of third-party assets was10.8 trillion yuan, which continued to maintain a historical high. On June 23, 2020, the asset management scale of China Life Asset Management Company exceeded 4 trillion yuan, thus becoming the first insurance asset management company in China to manage assets exceeding 4 trillion yuan. There are more than 20,000 branches and outlets, more than 4,000 customer service centers, more than 2 million employees and sales teams in 36 provinces, autonomous regions, municipalities directly under the Central Government, cities with separate plans and 2 special administrative regions, and branches and representative offices in China, China, Hong Kong, China, Macau, Singapore, Indonesia, London and new york, which have provided insurance protection and wealth management services to 690 million customers.