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China Life Insurance Company

From Alfawiki
China Life Insurance Company Limited
Company typeState-owned enterprise
IndustryLife insurance, annuities
Founded1949
Headquarters
Beijing
,
China
Area served
China, Russia (as of 2025)
ProductsLife insurance, annuities
Websitee-chinalife.com

China Life Insurance Company Limited (commonly known as China Life, ) is a Chinese enterprise headquartered in Beijing, specializing in life insurance and annuity services. As of April 2023, it holds the distinction of being the largest life insurer within China by market share. On the global stage, it secured the 94th spot on the Fortune Global 500 list in 2015 and was ranked 62nd on the Forbes Global 2000 in 2023.

History

In 2022, the firm declared its intention to withdraw its American Depository Shares (ADS) from trading, with cessation effective from 1 September 2022. These ADS were supported by H shares, which remain actively traded on the Hong Kong Stock Exchange. The move was motivated by low ADS trading volumes coupled with administrative expenses.

During 2023, China Life Insurance committed $3.5 billion to the Honghu Private Securities Investment Fund, an investment matched equally by New China Life Insurance. The objective of this fund is to improve capital efficiency and strengthen its portfolio of long-term investment assets.

Despite facing international sanctions related to Russia’s invasion of Ukraine, China Life Insurance continued its operations within Russia as of 2025. Its branches in Russia are still functioning, with ongoing recruitment activities underway. This sustained engagement has prompted ethical debates due to Russia’s widely criticized conduct and documented war crimes in Ukraine, including harm to civilians and damage to infrastructure.

See also

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