China Life Insurance Company Ltd.

China Life Insurance (Group) Company and its subsidiaries (hereinafter referred to as China Life) constitute the largest commercial insurance group in Mainland China. It is the only state-owned insurance group with an asset exceeding 1 trillion RMB yuan.It is also one of the largest institutional investors in China's capital market.
In 2010 its insurance premium income hit 350.612 billion RMB yuan. Life premium income accounted for 37.2% of the Mainland's life market share. By the end of 2010, its total asset reached 1.7760 trillion RMB yuan.
 
China Life Insurance (Group) Company, headquartered in Beijing, is a large state-owned financial and insurance company. Its predecessor, PICC was founded in 1949 and the PICC (Life) Co., Ltd was set up in 1996 after its separation from the former PICC. In 1999, it was renamed China Life Insurance Company. With the approval of the State Council and the China Insurance Regulatory Commission, the former China Life Insurance Company wa... [Details]