China Life Insurance Company

Yuexiu REIT's Revenue Up by 11.4% for 2023

Retrieved on: 
Thursday, March 7, 2024

HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?

Key Points: 
  • HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?
  • -- Operating revenue of the GZIFC complex was RMB1,031 million, accounting for 49.4% of the REIT's total revenue.
  • -- Yuexiu Financial Tower posted an operating revenue of approximately RMB399 million, representing 19.1% of the REIT's total revenue.
  • GZIFC and Yuexiu Financial Tower completed the renewal of Platinum Certification, and Wuhan Yuexiu Fortune Centre obtained the Net Zero Carbon Building Excellence Certification.

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2023 INTERIM RESULTS (H SHARES)

Retrieved on: 
Wednesday, August 23, 2023

HONG KONG, Aug. 23, 2023 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2023 (the "Reporting Period") prepared under International Financial Reporting Standards today.

Key Points: 
  • HONG KONG, Aug. 23, 2023 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2023 (the "Reporting Period") prepared under International Financial Reporting Standards today.
  • Prioritising business value, in the first half of 2023, the Company realised a strong growth in its insurance business with its business structure continuously optimised.
  • In the first half of 2023, premiums of China Life Property and Casualty Insurance Company Limited ("CLP&C") cross-sold by the Company through collaboration were RMB11,856 million.
  • Additional first-year receipts of enterprise annuity funds and commercial pension products of China Life Pension Company Limited cross-sold by the Company through collaboration were RMB2,045 million.

China Life Insurance Company Limited Change of President

Retrieved on: 
Friday, August 4, 2023

BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.

Key Points: 
  • BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.
  • The Company would like to express its gratitude to Mr. Zhao Peng for his contribution to the Company during his tenure of service.
  • The Company further announced that at the twenty-seventh meeting of the seventh session of the Board of the Company held on August 4, 2023, Mr. Li Mingguang has been appointed as the President of the Company and his qualification as the President of the Company is subject to the approval of the National Administration of Financial Regulation.
  • He was the Chief Actuary of China Life Pension Company Limited and a Director of China Life Asset Management Company Limited.

China Life Announces Filing of 2022 Annual Report on Form 20-F

Retrieved on: 
Friday, April 21, 2023

BEIJING, April 21, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (HKSE: 2628; SSE: 601628), announced that the Company has filed its 2022 Annual Report on Form 20-F (the "2022 Form 20-F"), which includes its audited financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission.

Key Points: 
  • BEIJING, April 21, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (HKSE: 2628; SSE: 601628), announced that the Company has filed its 2022 Annual Report on Form 20-F (the "2022 Form 20-F"), which includes its audited financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission.
  • The Company has made available through its website ( www.e-chinalife.com ) its 2022 Form 20-F, which can also be accessed electronically at www.sec.gov .
  • Upon request by any shareholder, the Company will also deliver, free of charge and within a reasonable period of time after such request, a hard copy of its complete audited financial statements for the fiscal year ended December 31, 2022.

FREED GROUP announces addition of Connexus Travel, Hong Kong's first registered travel agent, to the FREED GROUP family

Retrieved on: 
Tuesday, January 31, 2023

HONG KONG, Jan 31, 2023 - (ACN Newswire) - FREED GROUP ("FREED"), an award-winning digital and smart merchandising solutions company, has announced that its Co-founder & CEO, Mr. Abel Zhao, has acquired Connexus Travel Limited ("Connexus Travel", formerly Swire Travel), a leading regional travel management company headquartered in Hong Kong.

Key Points: 
  • HONG KONG, Jan 31, 2023 - (ACN Newswire) - FREED GROUP ("FREED"), an award-winning digital and smart merchandising solutions company, has announced that its Co-founder & CEO, Mr. Abel Zhao, has acquired Connexus Travel Limited ("Connexus Travel", formerly Swire Travel), a leading regional travel management company headquartered in Hong Kong.
  • After the acquisition, Connexus will now become part of the FREED GROUP family.
  • Mr. Abel Zhao, Co-founder & CEO of FREED GROUP, said, "We are very pleased with having Connexus Travel in our FREED family, as Connexus Travel is a name trusted by corporate, leisure and MICE travellers.
  • Ultimately, we anticipate Connexus Travel to follow in the footsteps of FREED GROUP and transform into a global brand."

UnitedHealth Group and Allianz SE Remain Atop AM Best’s Largest Insurer Rankings

Retrieved on: 
Monday, January 9, 2023

In addition, Allianz SE remained in its top spot by nonbanking assets, at $1.2 trillion, while Berkshire Hathaway Inc. rose to second place from fifth.

Key Points: 
  • In addition, Allianz SE remained in its top spot by nonbanking assets, at $1.2 trillion, while Berkshire Hathaway Inc. rose to second place from fifth.
  • AM Best released the rankings of the world’s largest global insurance companies, by NPW and nonbanking assets, in the Jan. 6, 2023, issue of Best's News.
  • Overall, the two rankings saw some reshuffling in the top spots, with U.S.-based health insurers further strengthening their leading positions.
  • These gains came at the expense of two Chinese insurers — China Life Insurance (Group) Co. Ltd. and Ping An Insurance (Group) Co. of China Ltd.

World Brand Lab's 2022 List of Most Influential Brands Names Apple, Microsoft, and Google at Top

Retrieved on: 
Thursday, December 15, 2022

NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- World Brand Lab released the 19th annual list of The World's 500 Most Influential Brands on Dec. 15, 2022.

Key Points: 
  • NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- World Brand Lab released the 19th annual list of The World's 500 Most Influential Brands on Dec. 15, 2022.
  • The list can be found at the website of World Brand Lab.
  • Dr. Steve Woolgar, Chairman of World Brand Lab and Professor Emeritus of Marketing at Oxford, noted that 33 countries are on the 2022 list.
  • The 2022 list of the 500 most influential brands spans 47 industries, and the average age of the listed brands is 98.22 years.

China Life Insurance Company Limited Change of Person in Charge of Finance

Retrieved on: 
Thursday, October 27, 2022

The Company would like to express its gratitude to Ms. Huang Xiumei for her contribution to the Company during her tenure of service.

Key Points: 
  • The Company would like to express its gratitude to Ms. Huang Xiumei for her contribution to the Company during her tenure of service.
  • The qualification of Ms. Hu Jin is still subject to the approval of the China Banking and Insurance Regulatory Commission.
  • The Company has designated Ms. Hu Jin to serve as the person temporarily in charge of finance of the Company prior to obtaining such approval.
  • Ms. Hu Jin, born in November 1971, has been the General Manager of the Finance Department of the Company since June 2020.

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2022 INTERIM RESULTS (H SHARES)

Retrieved on: 
Thursday, August 25, 2022

HONG KONG, Aug. 25, 2022 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2022 (the "Reporting Period") prepared under the International Financial Reporting Standards today.

Key Points: 
  • HONG KONG, Aug. 25, 2022 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2022 (the "Reporting Period") prepared under the International Financial Reporting Standards today.
  • China Life Insurance Company Limited is a life insurance company established in Beijing, China on 30 June 2003 according to the "Company Law of the People's Republic of China" and the "Insurance Law of the People's Republic of China".
  • The Company is one of the largest institutional investors in China, and becomes one of the largest insurance asset management companies in China through its controlling shareholding in China Life Asset Management Company Limited.
  • The Company is a leading provider of individual and group life insurance, annuity products and accident and health insurance in China.

China Life Insurance Company Limited - Change of President

Retrieved on: 
Tuesday, August 2, 2022

Key Points: 
  • The Company would like to express its gratitude to Mr. Su Hengxuan for his contribution to the Company during his tenure of service.
  • The biographical details of Mr. Zhao Peng are set out below:
    Mr. Zhao Peng, born in April 1972, is a member of the Party Committee of China Life Insurance (Group) Company ("CLIC") and the Secretary to the Party Committee of the Company.
  • From 2017 to 2020, he successively served as an Assistant to the President and a Vice President of the Company, the Chief Financial Officer of CLIC and an Executive Director of the Company.
  • From 2019 to 2021, he also served as a Non-executive Director of Sino-Ocean Group Holding Limited and a Director of China Life Franklin Asset Management Company Limited.