An important honor of Chinese Life Insurance Group Company

Summary. Chinese Life is composed of Chinese Life Insurance (Group) Company, as well as its subsidiaries and direct subsidiaries. These include: Chinese Life Insurance Shares****, Guangfa Bank Shares****.

Hello, it is a pleasure to answer for you, Chinese Life and China Insurance Protection ** Co., Ltd. two independent insurance companies, there is a history of failure, China Insurance Protection ** Co., Ltd. is a wholly state-owned company, Hui Ku belongs to a non-profit enterprise legal person, its registered capital is 100 million yuan. The company's business scope is fundraising.

China Banquet Life Insurance Co., Ltd. is composed of Chinese Life Insurance (Group) Company, as well as its subsidiaries and direct subordinate institutions. These include: Chinese Life Insurance Co., Ltd. **** and Guangfa Bank Co., Ltd. ****.

China Insurance Hidden Space Bureau Bao Zao Rang ** Co., Ltd. is a wholly state-owned enterprise approved by the first state. According to the "Measures for the Administration of Insurance Protection", the company is responsible for the raising, management and use of insurance protection in accordance with the law.

Dear Hello On August 25, Chinese Life Insurance Co., Ltd. **** (hereinafter referred to as "Chinese Life Insurance Company") released its 2022 interim results report. The report shows that in the first half of 2022, Chinese Life Insurance Company achieved a total premium of 100 million yuan. As of June 30, 2022, the company's embedded value reached 100 million yuan, an increase from the end of 2021; The composite solvency adequacy ratio and core solvency adequacy ratio remained at a high level.

In the first half of 2022, Chinese Life Insurance Company adhered to the general tone of seeking progress in stability, adhered to the origin of insurance, continued to deepen supply-side structural reform, coordinated epidemic prevention and control and company development, and the overall operation was stable and improving, the scale value continued to lead the industry, the quality and efficiency of operation services continued to improve, the comprehensive strength was stable and the rock failure was improved, and the leading position in the industry was more stable. There is steady progress, and the main indicators are good.

Chinese Life Its predecessor was born at the same time as New China, the original Chinese People's Insurance Hunger Group Company, in 1996 reorganized China Life Insurance ****, in 1999 Rotten orange was established as Chinese Life Insurance Company, in June 2003, according to the "Company Law of the People's Republic of China", with the consent of ***, approved by the China Insurance Regulatory Management Committee, reorganized into Chinese Life Insurance shares ****. Chinese Life was successfully listed in New York and Hong Kong on December 17 and 18, 2003 respectively. Book liquid.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

First, the start of entrepreneurship.

Chinese Life is one of the insurance companies with the longest history in New China, Chinese Life has always been the explorer, pioneer and leader of China's insurance industry, 60 years of ups and downs, opened up a scientific development path with Chinese life characteristics, and is also a microcosm of the development and reform of the insurance industry in New China in the past 60 years.

The history of Chinese Life can be traced back to the life insurance business operated by the former Chinese People's Insurance Company of Chenghao Pili on October 20, 1949. Just 20 days after the founding of New China, in order to rapidly develop the economy, with the approval of the **people**, a unified national insurance institution - Chinese People's Insurance Company was established, with a personal insurance room under it.

In October 1958, the Xi'an Finance and Trade Work Conference held by the People's Republic of China proposed: "After the people's commune, the role of insurance work has disappeared, and the domestic insurance business should be stopped immediately." In 1959, the life insurance business, along with other domestic insurance businesses, entered a state of complete cessation.

2. Resumption of the exhibition.

After the Third Plenary Session of the 11th CPC Central Committee, in April 1979, the "Minutes of the Meeting of Governors of the People's Bank of China" was approved, and a major decision was made to "gradually resume domestic insurance business". In November, the National Insurance Work Conference was held in Beijing, and the domestic insurance business, which had been interrupted for 20 years, was officially resumed, ushering in a new period of development for China's insurance industry.

3. Professional management.

In 1995, China's first Insurance Law was enacted. In 1996, in accordance with the requirements of the Insurance Law on the separate operation of property insurance and life insurance, China Insurance Life Insurance **** was established on the basis of inheriting all the life insurance business of the former Chinese People's Insurance Company and reorganizing 17 local life insurance companies, entering the era of professional operation.

Fourth, reorganization and restructuring.

In March 1999, China Life Insurance **** changed its name to Chinese Life Insurance Company, in order to actively cope with the challenges brought about by joining the WTO, in 2000, Chinese Life made a major decision on the reform of the joint-stock system, and established the development direction of establishing a modern enterprise system.

2003 was an important milestone in the history of Chinese life development. In June of this year, Chinese Life Insurance Company was reorganized into Chinese Life Insurance (Group) Company, and exclusively initiated the establishment of Chinese Life Insurance Co., Ltd. ****.

On December 17 and 18, Chinese Life Insurance Coarse Hail Co., Ltd. **** was successfully listed in New York and Hong Kong respectively, creating the world's largest IPO that year. The success of the restructuring and listing marks that Chinese Life has entered a new era with more brilliant prospects.

Chinese Life Insurance (Group) Yuanyuan Company is a state-owned super-large financial and insurance enterprise, headquartered in Beijing, the world's top 500 enterprises, China's top 500 brands, is a leading financial enterprise. The predecessor of the company was the original Chinese People's Insurance Company, which was established in 1949, and was divided into China Insurance Life Insurance **** in 1996, and changed its name to Chinese Life Insurance Company in 1999.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"