：
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, one of the top 500 Chinese brands, and a state-owned vice-ministerial central enterprise.
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 the former China Insurance Regulatory Commission, the former China Life Insurance Company was reorganized into 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.
In 2002 1 year, the consolidated operating income of China Life Group exceeded1trillion yuan, the consolidated total assets exceeded 5.7 trillion yuan, and the consolidated management of third-party assets exceeded 2 trillion yuan.
In 20021year, China Life Group ranked 99th in the list of "Top 500 World Brands" in the world brand laboratory, with a brand value as high as 436.672 billion yuan, ranking first in China's financial and insurance industry.
In 20021year, China Life Group ranked 32nd in Fortune Global 500, a world brand laboratory, and 5th in China Top 500 most valuable brands.
China Life Insurance (Group) Co., Ltd. has eight first-class subsidiaries, including 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. and 1 0 national joint-stock banks.
China Life Insurance (Group) Company, headquartered in Beijing, is a large state-owned financial insurance enterprise and one of the largest institutional investors in China's capital market. 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.
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, maintaining 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.