# China Merchants Life Insurance

China Merchants Life Insurance is an Insurance based in Shenzhen, China.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, Guangdong, China
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** cmlife.com.cn

## Regulatory record

- **Reports private funds:** No

## About

China Merchants Life Insurance is a provider of insurance services based in Shenzhen, Guangdong. It offers life insurance, accident insurance, health insurance, and wealth management products.

## Sectors

- Real Estate
- Financial Services
- Healthcare Services

## People

- Miao Jianmin — Chairman
- Peng Wei — CEO

## Questions

### Who runs investment decisions at China Merchants Life?

Ultimate investment authority sits with the senior leadership that spans China Merchants Life and its parent, China Merchants Group. Chairman Miao Jianmin holds both roles simultaneously, reporting to the group's state-owned governance structure. Day-to-day life insurance operations are led by CEO Peng Wei, but the firm's venture and real asset commitments are widely understood in the market to be directed through the group's consolidated investment function rather than a standalone insurer CIO.

### How does China Merchants Life source proprietary deal flow?

The firm's unusual shareholder structure provides a structural sourcing advantage. China Mobile's 20% equity stake and TravelSky Technology's 13.26% holding place the insurer inside a network that can access digital infrastructure, travel-tech, and telecommunications deals sourced through the strategic priorities of its own shareholders. Combined with the parent conglomerate's deep government relationships as a central SOE, this creates a deal funnel that is essentially closed to purely financial institutions.

### What real assets does China Merchants Life hold?

The firm controls multiple commercial properties directly, including the Xinyi Technology Building in Shenzhen's Nanshan District and City Development Plaza in Guangzhou's Tianhe District. It also reports a portfolio of continuing care retirement communities in suburban areas of major Chinese cities. These long-duration assets align with the liability profile of the life insurance book and China's broader policy push toward senior living infrastructure.

### How is China Merchants Life related to China Merchants Group?

China Merchants Group is the ultimate controlling shareholder through China Merchants Financial Holdings. The group chairman, Miao Jianmin, simultaneously chairs the life insurance subsidiary, creating a unified governance structure. China Merchants Group is one of China's oldest state-owned enterprises, founded in 1872, and operates across shipping, ports, real estate, financial services, and industrial supply chains. The life insurer functions as the group's primary long-duration premium accumulation and investment vehicle.

## Related profiles

- [China Jiangsu International Economic and Technical Cooperation Group](https://altss.com/profile/china-jiangsu-international-economic-and-technical-cooperation-group)
- [China Minsheng Trust](https://altss.com/profile/china-minsheng-trust)

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Last updated: 2026-06-03T20:00:00.000Z

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