| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
5,628 |
| Employees |
110,000 |
| Revenues (TTM) (Millions $) |
119,452 |
| Net Income (TTM) (Millions $) |
4,977 |
| Cash Flow (TTM) (Millions $) |
8,978 |
| Capital Exp. (TTM) (Millions $) |
457 |
Business Description
China Life Insurance Company Limited (referred to as "China Life" or "the company") is a major insurer in the People's Republic of China. Established in 1949, it is the largest life insurer and one of the largest insurance providers in terms of market capitalization in China, with headquarters in Beijing.
The company offers a wide range of life insurance and investment products, including individual life insurance, group life insurance, health insurance, accident insurance, annuity insurance, and universal life insurance. In addition to China, the company has operations in Hong Kong, Macau, Taiwan, and overseas, serving over a hundred million individual and corporate clients.
China Life is one of the most recognized brands in China, and has received numerous awards and recognitions for its financial performance, management practices, and contributions to society. The company is listed on the New York Stock Exchange and the Hong Kong Stock Exchange, reflecting its international status and focus on global development.
China Life's mission is to enhance people's quality of life through insurance services, and it has consistently worked towards this goal. The company has a strong commitment to social responsibility and has set up foundations and other charitable programs to support social welfare, disaster relief, education, and other public causes.
China Life's core values include customer-centeredness, innovation, integrity, and teamwork, which guide its operations and interactions with stakeholders. The company's business strategy is based on solid risk management, innovation and technology, efficient operations, and market expansion, with the ultimate goal of providing comprehensive financial services to clients around the world.
Company Address: 16 Financial Street Beijing 100033
Company Phone Number: 6363 1191 Stock Exchange / Ticker: NONE LFC
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2.4%