China · East Asia · class L

Life insurance companies in China

37 licensed life insurers, 46% of the 81 insurance entities supervised by the National Financial Regulatory Administration. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
ABC LifeLLifeAgricultural Bank of ChinaState-owned / parastatalNFRAUnverified
AIA China
Wholly owned subsidiary since 2020
LLifeAIA GroupIAIGForeign multinationalNFRAUnverified
Allianz China LifeLLifeAllianz / CITICForeign multinationalNFRAUnverified
Aviva-COFCO LifeLLifeCOFCO / AvivaForeign multinationalNFRAUnverified
Beijing LifeLLifeBeijing SOEsState-owned / parastatalNFRAUnverified
BOC-Samsung LifeLLifeBank of China / SamsungState-owned / parastatalNFRAUnverified
BoComm Life (MetLife JV)LLifeBoCom / MSHForeign multinationalNFRAUnverified
Bohai LifeLLifeHNA-linkedDomestic privateNFRAUnverified
CCB LifeLLifeChina Construction BankState-owned / parastatalNFRAUnverified
China Life Insurance Co
Largest life insurer
LLifeChina Life GroupState-owned / parastatalNFRAUnverified
China Pacific Life (CPIC Life)LLifeCPIC GroupState-owned / parastatalNFRAUnverified
China Post LifeLLifeChina Post / AIA (24.99%)State-owned / parastatalNFRAUnverified
Cigna & CMB LifeLLifeCMB / CignaForeign multinationalNFRAUnverified
CITIC-Prudential LifeLLifeCITIC / Prudential plcForeign multinationalNFRAUnverified
Dajia Life (ex-Anbang)LLifeDajia Insurance GroupState-owned / parastatalNFRAUnverified
Evergrande Life -> Haigang Life
Restructured 2023
LLifeState takeoverState-owned / parastatalNFRAUnverified
Funde Sino LifeLLifeFundeDomestic privateNFRAUnverified
Generali China LifeLLifeGenerali / CNPCForeign multinationalNFRAUnverified
Great Wall LifeLLifeBeijing Financial HoldingState-owned / parastatalNFRAUnverified
Guohua LifeLLifeTianmaoDomestic privateNFRAUnverified
Hengqin LifeLLifeZhuhai stateState-owned / parastatalNFRAUnverified
HSBC Life ChinaLLifeHSBCForeign multinationalNFRAUnverified
Huatai LifeLLifeChubbIAIGForeign multinationalNFRAUnverified
Huaxia Life -> Ruizhong Life
Restructured 2023
LLifeState takeoverState-owned / parastatalNFRAUnverified
ICBC-AXA LifeLLifeICBC / AXAForeign multinationalNFRAUnverified
Manulife-Sinochem LifeLLifeManulife / SinochemForeign multinationalNFRAUnverified
Minsheng LifeLLifeMinshengDomestic privateNFRAUnverified
New China LifeLLifeNCI / Central HuijinState-owned / parastatalNFRAUnverified
PICC LifeLLifePICC GroupState-owned / parastatalNFRAUnverified
Ping An LifeLLifePing An Insurance GroupDomestic privateNFRAUnverified
Sino-Korean LifeLLifeSinopec / Korea LifeForeign multinationalNFRAUnverified
Sun Life EverbrightLLifeSun Life / EverbrightForeign multinationalNFRAUnverified
Sunshine LifeLLifeSunshine Insurance GroupDomestic privateNFRAUnverified
Taikang LifeLLifeTaikangDomestic privateNFRAUnverified
Taiping LifeLLifeChina TaipingState-owned / parastatalNFRAUnverified
Tianan Life -> Zhonghui LifeLLifeState takeoverState-owned / parastatalNFRAUnverified
Yingda Taihe LifeLLifeState GridState-owned / parastatalNFRAUnverified

About life insurers in China

How many life insurers are licensed in China?

37 of the 81 licensed insurance entities in China are classified as life (46%), according to the NFRA register as reflected in this directory (not verified).

Who regulates life insurers in China?

National Financial Regulatory Administration (NFRA), under C-ROSS II; ~240 insurers incl. branches. Official website: https://nfra.gov.cn.

Are the life insurers in China locally or foreign owned?

13 of 37 belong to regional or foreign multinational groups (including Agricultural Bank of China, AIA Group, HSBC, Chubb), 17 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/china.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.