Provides life insurance and annuity products for both individuals and groups
China Life Insurance Co., Ltd. engages in the insurance business.
It engages in the life, accident and health insurance businesses; reinsurance business relating to the foregoing; fund investment businesses authorized by laws, regulations or the state council; and agency business, consulting business and provision of services, in each case relating to life insurance.
The company operates through the following segments: Individual Life Insurance, Group Life Insurance and Short-term Insurance.
The Individual Life Insurance segment offers lifetime insurance products to individual clients by offering participating and non-participating life insurance and annuities to individuals. The Group Life Insurance segment sells insurance and investment contracts to group entities by offering participating and non-participating life insurance and annuities products to companies and institutions.
The Short-term Insurance segment offers short-term accident insurance and health insurance to individuals and groups.
China Life Insurance was founded on June 30, 2003 and is headquartered in Beijing, China.