China Life Insurance Company Limited (short China Life, ) is a

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

-headquartered

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

-incorporated company that provides

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...

and

annuity In investment, an annuity is a series of payments made at equal intervals based on a contract with a lump sum of money. Insurance companies are common annuity providers and are used by clients for things like retirement or death benefits. Examples ...

products. China Life is ranked No. 94 on Fortune 2015 Global 500 Company list. and is China's largest life insurer by market share, as of April 2023. In 2023, the company was ranked 62nd in the

Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: ...

History

In 2022, the company announced the de-listing of its American Depository Shares (ADS) and that the last day of trading was intended to be 1 September 2022. The underlying security of the ADS was the H shares, which would continue trading on the Stock Exchange of Hong Kong. The company cited limited trading volume in the ADS and administrative costs as the reasons for the de-listing. In 2023, China Life Insurance invested $3.5 billion in Honghu Private Securities Investment Fund. The same amount was invested by

New China Life Insurance New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan () is a Chinese life insurance company based in Beijing. The Chinese government owns more than half of the shares of the company via sovereign fu ...

. The fund will aim to improve capital utilization efficiency and increase long-term investment assets. China Life Insurance Company continues to operate in Russia as of 2025, despite the international sanctions imposed on the country following its invasion of Ukraine. The company's Russian offices remain active, and it has advertised for new employees in the region. This ongoing presence has raised ethical questions, as Russia's actions and war crimes in Ukraine, including civilian casualties and infrastructure destruction, have been widely condemned.

References

External links

*
China Life Insurance official websitee-chinalife.com
{{authority control Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Companies in the CSI 100 Index Companies in the Hang Seng Index Companies in the FTSE China A50 Index Companies in the S&P Asia 50 Government-owned companies of China H shares Life insurance companies of China Companies based in Beijing Chinese companies established in 1949 Financial services companies established in 1949 Chinese brands Multinational companies headquartered in China Government-owned insurance companies 1949 in Beijing

History

See also

References

External links