China Life Insurance
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The first triple-listed insurance company in New York, Hong Kong and Shanghai. Engaged in life insurance, accidents, health, and reinsurance. It is headquartered in Beijing.
For 2022, the company has an investment, agency and consulting business related to life insurance.
Performance indicators
Consolidated revenue for 2021 exceeded CNY 1 trillion. No. 40 Company in Fortune Global 500 in 2022
History
2022: Company chief Wang Bin arrested on suspicion of corruption
The head of China's leading insurance company China Life Insurance, Wang Bin, has been arrested on suspicion of corruption and is due to be shot for this article. This was announced on January 8, 2022 by the country's main anti-corruption department, the Chinese Communist Party's Discipline Inspection Commission.
China Life Insurance, with approximately 250 million customers and $750 billion in assets, is one of the key elements of the Chinese financial system. In addition, the organization ranks 49th in the list of the world's largest companies.
1949: Founding of the Company
The company was founded in 1949.
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