China Life Insurance (Group) Company (hereinafter referred to as China Life Insurance) is a central financial enterprise and a state-owned super-large financial insurance enterprise company; Headquartered in Beijing, it is one of the top 500 enterprises in the world and one of the top 500 Chinese brands, and belongs to the national vice-ministerial unit. The company's predecessor was the former China People's Insurance Company, which was established in 1949. It is a group company, a state-owned super-large financial and insurance enterprise and a central enterprise. As a large insurance group company, China Life is one of the few fully licensed enterprises. Full license unexpectedly means that China Life can expand its business in many fields, so its business coverage is very wide. 1996 was split into PICC life insurance co., ltd, and 1999 was renamed as China life insurance company. In 2003, with the approval of the State Council and the former China Insurance Regulatory Commission, the former China Life Insurance Company was reorganized into China Life Insurance (Group) Company.
As the main sponsor of PICC Life Insurance in China, China People's Insurance Group Company, formerly known as China People's Insurance Company, was established with the approval of People's Republic of China (PRC) (China) the State Council on 10/949. With a history of 59 years, PICC in China has made historic contributions to the cultivation of insurance market, insurance talents and insurance technology in China, and played a positive role in economic development, social stability, national prosperity and people's happiness.
1949,101October 20th, with the approval of the central government, China People's Insurance Company was formally established, thus creating a new China insurance business including life insurance. As the founder of the new China insurance industry, PICC China and the Republic live together day and night, making historic contributions to the national economic and social development, insurance market cultivation, insurance personnel training, the formation and upgrading of insurance technology, and the formation and improvement of insurance norms. China People's Insurance Company is the epitome and outstanding representative of the development of insurance industry in China, and it is the heaviest sum in the history of new China insurance. On June 5438+065438+ 10, 2005, China PICC fully resumed its life insurance business after long-term separate operation, and China People's Life Insurance Co., Ltd. took on the heavy responsibility of revitalization, and China PICC began a new course of building a modern insurance financial group.
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