China Life Insurance (Group) (hereinafter referred to as China Life Insurance) is a state-owned super-large financial insurance enterprise company; Headquartered in Beijing, it is a central financial enterprise, a fortune 500 enterprise and a fortune 500 Chinese brand. The company's predecessor was the former China People's Insurance Company, which was established in 1949. In 1996, it was divided into PICC Life Insurance Co., Ltd., and changed its name to China Life Insurance Company in 1999. In 2003, with the approval of the State Council and the former China Insurance Regulatory Commission, the former China Life Insurance Company was reorganized into China Life Insurance (Group) Company.

China Life Insurance (Group) Company and its subsidiaries constitute the largest state-owned financial insurance group in China, and are also important institutional investors in China capital market. The business scope covers life insurance, property insurance, enterprise and occupational annuities, banks, funds, asset management, wealth management, industrial investment, overseas business and other fields.

Response time: August 4, 2020. Please refer to the latest business changes announced by Ping An Bank in official website.

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