Provides life insurance 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.