Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Accounting Standards Life Insurance
Accounting Standards Life Insurance

It is gone now. Introduction to China Life Insurance Co., Ltd. China Life Insurance Co., Ltd. is a national commercial life insurance company controlled by China Life Insurance (Group) Company on behalf of the state. Its predecessor was the original People's Insurance Company of China founded in October 1949.

The company and its branch China Life Insurance Co., Ltd. were established in February 1996, and China Life Insurance Co., Ltd. was approved by the State Council in January 1999.

On June 30, 2003, with the consent of the State Council and the approval of the China Insurance Regulatory Commission, China Life Insurance Co., Ltd. was registered and established in Beijing. On December 17 and 18 of the same year, it was listed in New York and Hong Kong respectively.

It occupies a leading position in China's insurance market.

The company's extensive distribution network across the country is composed of personal agents, direct sales personnel and professional and part-time agencies, providing products and services such as individual life insurance, group life insurance, accident insurance and health insurance.

As of June 30, 2005, China Life had more than 65.54 million valid individual and group life insurance policies, annuity contracts and long-term health insurance policies, and 150 million individual and group accident insurance and short-term health insurance policies. It owned and managed

There are more than 120 million long-term life insurance policies in effect.

Among the 2002 Global Top 500 companies selected by Fortune, a famous American financial magazine, China Life ranked 290th in terms of total operating income, becoming the first insurance company in mainland my country to enter the Global Top 500.

Among the world's top 500 companies in 2003 and 2004, China Life was continuously selected, ranking 241st and 212th respectively.

In the 2003 Asian Enterprise Selection organized by the world-famous financial magazine "Euromoney", China Life was rated as the best insurance company in Asia.

On September 1, 2004, China Life ranked first among the top 50 life insurance companies in Asia (excluding Japan) selected by Asia Finance.

In the second "China's 500 Most Valuable Brands" jointly organized by the World Brand Laboratory and the World Economic Forum***, China Life's brand value* increased from RMB 42.767 billion in 2004 to RMB 48.667 billion in 2006. , is the number one brand in my country’s insurance industry and ranks among the top ten most valuable brands in my country.

[Edit this paragraph] Corporate culture The company adheres to the "double success" concept of "become a person, and be a person, and be a person", advocates a work style of "seeking truth and being pragmatic, rigorously regulated, enforcing orders and prohibitions, hard work, innovation and striving for the first", and actively promotes "external cooperation"

The cultural construction project of "shaping the image and building the spirit within" comprehensively shapes the corporate character of "deep integrity, self-improvement and long-term development".

We have known each other for many years and it is worth entrusting China Life Insurance Co., Ltd., the largest life insurance company in China, headquartered in Beijing.

As a core member of the Fortune Global 500 and the World Brand 500 - China Life Insurance (Group) Company, the company has won the most prestigious awards in society with its long history, strong strength, professional leading competitive advantages and world-renowned brand.

Trusted by a wide range of customers, it has always occupied a leading position in the domestic insurance market and is known as the "mainstay" of China's insurance industry.

China Life’s top ten advantages (1) Long history China Life Insurance Company is the largest professional commercial life insurance company in mainland China that is wholly state-owned. It is under the leadership of the State Council and has a long history of more than 50 years. It is the largest in scale, has the most customers, and has the widest coverage.

.

According to the latest 2001 ranking of the "Top 100 Life Insurance Companies in the Asia-Pacific Region" published by Asia Weekly, China Life ranks 13th and is the highest-ranking life insurance company in mainland China.

China Life is the same age as the People's Republic of China. It is one of the earliest companies operating insurance business in China. It shoulders the important task of explorer and pioneer of China's life insurance industry. It has gone through a development process of more than half a century and is well versed in the

How to operate the domestic life insurance market.

·On ??January 9, 2007, China Life Insurance Co., Ltd. returned to domestic A-share listing. Since then, the company has become the first financial and insurance company in China to be "listed in three places".

·On ??December 17 and 18, 2003, China Life Insurance Co., Ltd. was listed in New York and Hong Kong respectively, creating the world's largest IPO that year.

·On ??June 30, 2003, China Life Insurance Company accelerated the pace of reform and development, established China Life Insurance (Group) Company, and exclusively initiated the establishment of China Life Insurance Co., Ltd.

·In January 1999, China Life Insurance Company was established with the approval of the State Council.

·In 1996, China Life Insurance Co., Ltd. was established, and China Life began to enter the era of professional operation of personal insurance business.

·In October 1949, the central government approved the establishment of China’s only insurance company, which marked the first year of China Life’s development.

(2) Strong Capital At the end of 2001, the company's total assets reached 221.44 billion yuan, accounting for 48.18% of the total assets of insurance companies nationwide, and the asset scale accounted for half of the total assets of insurance companies nationwide.

In 2001, the company's premium income reached 81.236 billion yuan, accounting for 57% of the national life insurance market. It has always been the industry leader in China's life insurance market and plays a main channel role in my country's national life insurance industry.