中国人寿保险（集团）公司（CHINA LIFE INSURANCE）2024年年度报告（英文版）（232页）.pdf

1、Ofce Address：16 Financial Street,Xicheng District,Beijing,P.R.ChinaTelephone ：86-10-63633333 Website ：www.e-E-mail ：ire-Stock Code:2628?China Life Insurance Company Limited2024Annual ReportCONTENTS01PRELUDE2Core Competitiveness2Honors and Awards3Business Highlights5Financial Summary602CHAIRMANS STAT

2、EMENT803MANAGEMENT DISCUSSION AND ANALYSIS11Review of Business Operations11Business Analysis13Analysis of Specific Items21Digitalised and Intelligent Operations and Services25Future Prospect2604EMBEDDED VALUE27The Company was established in Beijing,China on 30 June 2003 according to the Company Law

3、and the Insurance Law of the Peoples Republic of China.The Company was successfully listed overseas in December 2003 and returned to the domestic market as an A-share listed company in January 2007.The Companys registered capital is RMB28,264,705,000.The Company is a leading life insurance company i

4、n China and possesses an extensive distribution network comprising exclusive agents,direct sales representatives,and dedicated and non-dedicated agencies.The Company is one of the largest institutional investors in China,and becomes one of the largest insurance asset management companies in China th

5、rough its controlling shareholding in China Life Asset Management Company Limited.The Company also has controlling shareholding in China Life Pension Company Limited.The Company is a leading provider of life insurance,annuity insurance,health and accident insurance in China.As at the end of the Repo

6、rting Period,the Company had approximately 326 million long-term insurance policies in force.We also had a great quantity of short-term insurance policies,including accident insurance,health insurance and term life insurance,with a term of one year or less.05SIGNIFICANT EVENTS33Material Litigations