64 Followers HKEX:2628 - China Life Insurance Co Ltd China Life Insurance Co Ltd
Sector: Financials, Industry: Life & Health Insurance
Next Earnings: 25 Apr 2024
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HKD 9.39    +0.46 (+5.15%)

28 Mar 2024


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General

CEO: Dr. Tao Bai Ph.D.

IPO: 2003-12-18

Headquarters: HK

Employees: 102,238

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Description

With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.

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