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China Life Insurance Co. Ltd.

China Life Insurance Co. Ltd.

Sector: Insurance Carriers Not Elsewhere Classified Region: China

: | Frankfurt Stock Exchange: CLF | Frankfurt Stock Exchange: CHL | New York Stock Exchange: LFC | Shanghai Stock Exchange: 601628

Listed in: Finance, Insurance and Real Estate

Similar to: Lincoln National Corp., Hiscox Ltd.

China Life Insurance Co., Ltd. engages in the insurance business. It operates through the following segments: Individual Life Insurance Business, Group Life Insurance Business, Short-term Insurance Business, Corporate and Other Business. The Individual Life Insurance Business segment offers lifetime insurance products to individual clients. The Group Life Insurance Business segment sells insurance and investment contracts to group entities. The Short-term Insurance Business segment sells short-term accident and health insurance contracts. The Corporate and Other Business segment centers on the insurance agency business. The company was founded on June 30, 2003 and is headquartered in Beijing, China

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Latest Media

1 中国人寿 铃声篇 China Life Insurance Company's TVC "Ring"

China Life Insurance Co. Ltd. video

1 中国人寿 铃声篇 China Life Insurance Company's TVC "Ring"

China Life Insurance Co. Ltd. video

China Life Insurance Co. Ltd. Warns of Weak 2H

Executives

Wan Feng, President
Mr. Wan became the President of the Company in September 2007, and at the same time he became the Vice President of China Life Insurance (Group) Company, a Director of China Life Asset Management Company Limited, a Director of China Life Property and Casualty Insurance Company Limited, a Director of China Life Pension Company Limited, and a Director of China Guangfa Bank Co., Ltd.. He became an Executive Director of the Company from June 2006 and served as a Vice President of the Company from 2003. On 31 January 2007, it was resolved by the Board of Directors to authorize Mr. Wan Feng to be responsible for the day-to-day operations and management of the Company. Mr. Wan received a BA degree in Economics from Jilin College of Finance and Trade, a MBA from Open University of Hong Kong, and a Doctorate in Finance from Nankai University in Tianjin. Having worked with the Company’s Jilin Branch, the Company’s Shenzhen Branch, the Company’s Hong Kong Branch and Hong Kong Taiping Life Insurance Company, he has accumulated 30 years of experience in the life insurance industry. Mr. Wan, a Senior Economist, was awarded special allowance by the State Council. He is currently Director of the China Life Foundation, Deputy Director of the China Association of Actuaries, Deputy Director of the Insurance Association of China, Executive Director of the Insurance Institute of China and Director of the China Insurance Guarantee Fund Committee.
Lin Dairen, Vice President
Mr. Lin became an Executive Director of the Company on 27 October 2008. Mr. Lin served as the Vice President of the Company since 2003 and served as the Executive Director and President of China Life Pension Company Limited from November 2006. Mr. Lin graduated in 1982 with a Bachelor’s degree in Medicine from Shandong Province Changwei Medical Institute. Mr. Lin, who is a Senior Economist and awarded special allowance by the State Council, has worked in the life insurance industry for 30 years and has accumulated extensive experience in operation and management. He is currently the Executive Director of the Insurance Institute of China, the Executive Director of the Labor Institute of China and the Executive Director of Peking University China Center for Insurance and Social Security Research.
Yang Mingsheng, Chairman of the Board and Executive Director
Mr. Yang became the Chairman and an Executive Director of the Company in May 2012. He has been the Chairman of China Life Insurance (Group) Company since March 2012. Mr. Yang has many years of experience in financial industry. He acted as Vice Chairman of the CIRC from 2007 to 2012, and worked for Agricultural Bank of China from 1980 to 2007, where he held various positions such as Vice President of Shenyang Branch, Head of Industrial Credit Department and President of Tianjin Branch. He was appointed as Vice President of Agricultural Bank of China in 1997 and was then promoted to President of Agricultural Bank of China in 2003. Mr. Yang, a Senior Economist, graduated from the Faculty of Finance of Nankai University majoring in Monetary Banking with a Master’s degree in Economics.

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