China Life Insurance Company Limited (2628.HK)

13.520 +0.060 (+0.45%) At close: 04:08PM HKT

China Life Insurance Company Limited

China Life Plaza
12th Floor No. 16 Financial Street Xicheng District
Beijing 100033
China
86 10 6363 3333
https://www.e-chinalife.com

Sector(s): Financial Services
Industry: Insurance—Life
Full-time employees: 104,160

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bin Wang	Exec. Chairman	N/A	N/A	1958
Mr. Hengxuan Su	Pres, Principal Exec. Officer & Exec. Director	N/A	N/A	1963
Ms. Xiumei Huang	CFO, VP & Exec. Director	173.89k	N/A	1967
Ms. Hong Yang	VP, Operating Director & GM of the Operation Service Center	232.38k	N/A	1967
Mr. Ruan Qi	VP	231.85k	N/A	1966
Mr. Chongmiao Xu	Compliance Officer, GM of the Legal & Compliance Department and Legal Officer	136.72k	N/A	1969
Mr. Zhong Zhan	VP, Marketing Director & GM of Individual Insurance Division	260.47k	N/A	1968
Mr. Guodong Zhao	Assistant to the Pres	137.42k	N/A	1967
Mr. Mingguang Li	Exec. Director, Board Sec., Chief Actuary & VP	232.44k	N/A	1969
Mr. Chuanyong Yang	Person in Charge of Audit	12.48k	N/A	1963

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

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.

Corporate governance

China Life Insurance Company Limited’s ISS governance QualityScore as of 26 September 2021 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.