New China Life Insurance

New China Life Insurance Company Ltd., founded in 1996 and headquartered in Beijing, is a prominent life insurance provider in the People's Republic of China. The company offers a diverse range of life insurance products catering to individual and institutional clients, with a focus on areas such as accidental injury, medical treatment, endowment, children's education, and family finance. It operates through three primary segments: Individual Insurance Business, Group Insurance Business, and Other Business. New China Life is recognized for its extensive distribution network, covering all provinces and regions in China, and utilizes various sales channels to reach customers. In addition to insurance products, the company engages in asset management, training, electronic commerce, medical services, and real estate investment activities. It emphasizes risk control as a vital aspect of its operations, supported by a comprehensive risk management system developed with the assistance of global consulting firms. New China Life ranks among the largest life insurers in China, reflecting its significant market presence and commitment to protecting the interests of its clients.