Company
China Life
Official Name: China Life Insurance Company Limited
Headquarters: Beijing, China
Founded: 1949
Employees: 104,160
Market Cap
CN¥948.08 Billion
CNY as of Jan. 1, 2025
US$129.90 Billion
Top Competitors by Market Capitalization
Industry: Insurance—Life
| Company | Market Cap (USD) |
|---|---|
| Ping An Insurance | $116.13 B |
| AIA Group | $75.39 B |
| MetLife, Inc. | $60.07 B |
| Aflac Incorporated | $58.04 B |
| Manulife Financial Corporation | $52.84 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $991.39 B |
| JPMorgan | $744.02 B |
| Visa | $635.57 B |
| Mastercard | $490.32 B |
| Bank of America | $353.07 B |
Detailed Description
China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. It operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses. The company offers individual and group life, annuity products, accident, and health insurance products. It is also involved in the third-party asset management, annuity funds, fund management, investment management, pension security, occupational pension, reinsurance, and health management businesses. China Life Insurance Company Limited sells its products through agents, direct sales representatives, and dedicated and non-dedicated agencies. The company was founded in 1949 and is based in Beijing, the People's Republic of China. China Life Insurance Company Limited is a subsidiary of China Life Insurance (Group) Company Limited.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | CN¥812.91 B |
| EBITDA | CN¥93.15 B |
| Gross Profit TTM | CN¥143.69 B |
| Profit Margin | 10.76% |
| Operating Margin | 66.71% |
| Quarterly Revenue Growth | 68.50% |
Stocks & Indices
China Life Insurance Company Limited has the following listings and related stock indices.
Stock: SSE: 601628 wb_incandescent
Stock: FSX: CLF wb_incandescent
Product & Services
Life & Health insurance
Key People
Dairen Lin (CEO), Chairman: Yang Mingsheng