China life insurance company was established in 1949, with its headquarters in Beijing. It is a state-owned super-large financial and insurance enterprise company, a fortune 500 enterprise and a fortune 500 brand in China. Its business includes life insurance, property insurance, enterprise and occupational annuities, banks, funds, asset management, wealth management, industrial investment and overseas business.
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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.
Following the simultaneous listing in new york and Hongkong in June 5438+February 2003, its life insurance company returned to the domestic A-share market in June 5438+ 10. It is the "first insurance stock" in China mainland capital market and the first insurance company listed in new york, Hongkong and Shanghai.
China Life was selected as one of the Fortune Global 500 companies in consecutive years 19, and ranked 32nd in 2026 in 5438+0. /kloc-was selected as "Top 500 Chinese Enterprises" by china enterprise confederation and China Entrepreneurs Association in 0/9, and ranked11in 20/0/9; In 2020, the brand value will reach RMB 4 158438+0 billion.