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China Life Insurance Company Limited (short China Life, simplified Chinese: 中国人寿保险; traditional Chinese: 中國人壽保險; pinyin: Zhōngguó rénshòu bǎoxiǎn) is a Beijing-headquartered China-incorporated company that provides life insurance and annuity products. China Life is ranked No. 94 on Fortune 2015 Global 500 Company list.
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China Life Insurance Group is a Chinese holding company for the Ministry of Finance.It is the parent company of the public traded company China Life Insurance Company.As of 31 December 2015, China Life Insurance Group also owned 4.22% stake in China Huarong Asset Management, another subsidiary of the Ministry of Finance.
While in life insurance, the market shares (by policy written) of China Taiping's subsidiary Taiping Life Insurance was 3.8% and ranked ninth. [ 5 ] While in Hong Kong, the group's China Taiping Insurance (HK) Company Limited (formerly Ming An Insurance Hong Kong) was ranked the fourth in 2018 for its 6.0% market share by gross written premiums ...
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The Chinese insurance industry has experienced rapid expansion over the past decade.. In addition to steadily increasing demand, two major supply-side trends have encouraged the development of the industry: (1) under the World Trade Organization (WTO) framework, the Chinese government lowered entry barriers to foreign insurers, allowing them to establish joint-venture insurance firms in China ...
Taikang Life Insurance Company Limited is a Beijing-based, China-incorporated life insurance company, the fourth largest life insurer by premium income in China, [1] offers services ranging from life insurance to asset management. It was founded in 1996 by CEO Chen Dongshen, a businessman related to Mao Zedong.