Skip to Content
  • Previous Rank51
  • Revenues ($M)$120,224
  • Revenue Percent Change14.7%
  • Profits ($M)$266.5
  • Profits Percent Change64.1%
  • Assets ($M)$552,760.60
  • Employees170,517

Stocks traded on the Hong Kong exchange may have had a topsy-turvy year; but its listed companies haven’t exactly been shy about making eye-catching moves. China Life Insurance is no exception. The firm, second to Ping An Insurance in the country in terms of market value, saw its net profit rise to nearly $5.1 billion in 2017, or a nearly 70% year-over-year rise. Last August, the company announced a $1 billion private equity fund, in conjunction with Chinese Internet giant Baidu, centering on tech investments.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Yang Mingsheng
Sector
Financials
Industry
Insurance: Life, Health (stock)
HQ Location
Beijing
Websitehttp://www.chinalife.com.cn
Years on Global 500 List16
Employees170,517
Government owned 50% or more.

China Life Insurance Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$120,22414.7%
Profits ($M)$266.564.1%
Assets ($M)$552,760.60-
Total Stockholder Equity ($M)$14,817.40-

Profit Ratios

Profit as % of Revenues0.2%
Profits as % of Assets-
Profits as % of Stockholder Equity1.8%