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China Life Property & Casualty Insurance
China Life Property & Casualty Insurance was established in 2006. It functions as an insurance and reinsurance provider under the China Life Insurance (Group)...
China Life Property & Casualty Insurance
China Life Property & Casualty Insurance was established in 2006. It functions as an insurance and reinsurance provider under the China Life Insurance (Group) Company umbrella. The firm allocates across property, infrastructure and private equity holdings. Confirmed positions include a joint venture stake in Zhuhai Shimao New Domain Real Estate Development, an interest in the Xinzhou to Baode Highway project in Shanxi Province, and limited partnership interests in Guangzhou Xin Cheng Phase II Industrial Investment Fund and Zhuhai Leading Kunpeng Equity Investment Fund. Activity remains concentrated in China. The firm reports 21,460 million USD in assets according to internal records. It maintains the China Life Foundation for philanthropic work focused on health and disaster relief. In January 2024 the firm participated as a panelist at the World Economic Forum on nature-related sustainable finance. Ownership rests with China Life Insurance (Group) Company as ultimate parent and China Life Insurance Company Limited as 40 percent shareholder. This structure channels capital through the parent group's balance sheet rather than through external fund vehicles.
General information
Firm type
Insurance
Year founded
2006
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Beijing
Corporate office
China Life Center, 17 Financial Street, Xicheng District, Beijing, 100033, China
Principals
Liu Jiade
Director and Vice Chairman of the Board
Chang Qing Yuan
Director
Sector focus
Frequently asked questions
Who runs investment decisions at China Life Property & Casualty Insurance?
Liu Jiade serves as Director and Vice Chairman. Chang Qing Yuan serves as Director. Investment authority sits within the parent China Life Insurance (Group) governance framework.
Does China Life Property & Casualty Insurance participate in fund commitments or only direct deals?
The firm holds limited partnership interests in domestic funds including Guangzhou Xin Cheng Phase II Industrial Investment Fund and Zhuhai Leading Kunpeng Equity Investment Fund.
Where does the underlying capital originate?
Capital originates from insurance premiums and reserves of the China Life Insurance (Group) system. China Life Insurance Company Limited holds a 40 percent stake in the entity.
What geographic regions does the firm target for investments?
Investments concentrate in China, with documented holdings in Beijing, Guangdong, Shanxi, Fujian and Xiamen.
How is China Life Property & Casualty Insurance related to China Life Insurance (Group) Company?
China Life Insurance (Group) Company is the ultimate parent and controlling shareholder. China Life Insurance Company Limited holds a 40 percent direct stake.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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