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China Life Insurance Company Limited (China)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: China Life Insurance Company Limited Profile Updated: December 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

China Life Insurance Company Limited is a life insurance company based in Beijing, China. It is a core member of China Life Insurance (Group) Company, which is ranked among the Fortune Global 500 and World Brand 500 companies. With a long history, strong financial strength, and leading professional advantages, China Life Insurance Company has gained the trust of a wide range of customers and has consistently held a leading position in the domestic insurance market. It is regarded as the "pillar" of the Chinese insurance industry. In December 2003, China Life Insurance Company Limited was listed on the New York Stock Exchange and the Hong Kong Stock Exchange, creating the largest IPO in the world that year. On January 9, 2007, the company returned to the domestic A-share market, becoming the first financial insurance company in China to be listed in three different locations. As of 2013, the company has been included in the Fortune Global 500 for eleven consecutive years. As of December 31, 2013, the company's total assets reached RMB 1,972.941 billion, ranking first in the domestic life insurance industry. The company's market share in 2013 was approximately 30.4%, maintaining its dominant position in the life insurance market. At the end of 2013, the company's total market value reached USD 75.313 billion, ranking among the top global listed life insurance companies.

Headquarters
No. 16, Financial Street, Xicheng District, Beijing
Beijing; Beijing; Postal Code: 100033

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Website: http://www.e-chinalife.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 30, 2003
Key Executives
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Executive Director
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Executive Director
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Executive Director
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Chairman of the Supervisory Board
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Independent Director
Ownership Details
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68.37%
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25.93%
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2.51%
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0.41%
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0.13%
Subsidiaries
CL Hotel Investor L.P.
100%
China Century Core Fund Limited
100%
China Life (Beijing) Health Management Co., Ltd.
100%
Company Performance
Financial values in the chart are available after China Life Insurance Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
1889.75%
Net Profit (Loss) for the Period
512.09%
Total assets
12.54%
Investments
-48.06%
Total equity
27.94%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
14.5%

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