China Life Insurance Company Limited (NYSE: LFC [ADR])

16 Chaowai Ave., 23rd Fl. Chinalife Building, Chaoyang District
Beijing, 100020, China
Phone: +86-10-8565-9999
Fax: +86-10-8525-2232
http://www.chinalife.com.cn

Hoover's coverage by Kristi Park

Overview

Controlling about half of its home country's life insurance market, China Life Insurance Company is the insurance beast from the East. The firm is by far China's largest life insurance company, providing annuity products and life insurance for both individuals and groups. It has more than 90 million individual and group policies in force. China Life sells its individual products primarily through about 640,000 of its own agents, who are spread across the country at roughly 15,000 branch locations; another direct sales force handles marketing of its group policies. In addition to life insurance, the company provides asset management services and health and accident insurance.

Sample Overview

Key Numbers from Hoover's UK

Key financials for China Life Insurance Company Limited (NYSE: LFC [ADR])

Company Type Public (NYSE: LFC [ADR])
Fiscal Year-End December
2008 Sales (mil.) £16,807.6
1-Year Sales Growth (7.0%)
2008 Net Income (mil.) £2,157.6
1-Year Net Income Growth (41.2%)
2008 Employees 77,000
1-Year Employee Growth (20.4%)
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Key People from Hoover's UK

Key people and executives for China Life Insurance Company Limited (NYSE: LFC [ADR])

Chairman, Management Board Yang Chao
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President and Director Wan Feng
VP and CFO Liu Jiade
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Top Competitors from Hoover's UK

Top competitors of China Life Insurance Company Limited (NYSE: LFC [ADR])

There are 18 competitors for China Life Insurance; see more.
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Industry Information from Hoover's UK

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Rankings from Hoover's UK

See how China Life Insurance Company Limited (NYSE: LFC [ADR]) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

  • #31 in FT Global 500
  • Hang Seng
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