Company overview

China Life Insurance Company (China Life) is one of the largest life insurance companies in China. It provides annuity products and life insurance for both individuals and groups, and also accident and health insurance. The company operates primarily in China. It is headquartered in Beijing, China and employs about 109,000 people.

The company recorded revenues of CNY166,811 million (approximately $24,046 million) during the financial year ended December 2008 (FY2008), a decrease of 12.8% over 2007 (FY2007). The operating profit of the company was CNY22,576 million (approximately $3,254 million) in FY2008, a decrease of 49.8% over FY2007. The net profit was CNY21,277 million (approximately $3,067 million) in FY2008, a decrease of 45.3% over FY2007.

Key facts

Hong Kong ticker: LFC

No. employees: 109000

Turnover: 166,811,000,000 (CNY)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

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