China Life Insurance Co., Ltd. was founded in what year, month and day?

China Life Insurance Co., Ltd., formerly known as China People's Insurance Company, was established on 1949, 19951October 20th, and the first insurance law in China was born. 1996, according to the requirements of the Insurance Law on the separate operation of property insurance and life insurance, on the basis of inheriting all the life insurance business of the former People's Insurance Company of China, 17 local life insurance company was reorganized and PICC Life Insurance Co., Ltd. was established, which entered the era of specialized operation.

The introduction and full implementation of personal marketing system has promoted the rapid development of the company. From 1996 to 1998, the marketing team has grown from more than 40,000 to 200,000, and the premium income has increased from 654.38+09.2 billion yuan to 54 billion yuan, making it the largest insurance company in China.

1March, 1999, PICC Life Insurance Co., Ltd. was renamed as China Life Insurance Company, and became a first-class legal person wholly owned by the state, directly under the State Council. At this point, China Life officially entered the financial and insurance market in China independently, providing various life insurances for hundreds of millions of people in China, and shouldering the important functions of serving economic development and maintaining social stability.

China Life Insurance (Group) Company, since its reorganization in 2003, has embarked on a journey of collectivization in order to adapt to the development trend of comprehensive financial management.

In 2003, China Life Asset Management Co., Ltd. was established by a joint venture between a group company and a life insurance company.

In 2006, the new leadership of China Life studied and formulated the group development strategy of "strengthening the main business and diversifying moderately". At the end of 2006, property insurance companies and pension insurance companies were established one after another. At the same time, the reforms of overseas companies, China Life Investment Company and Insurance College have basically been completed, and the largest insurance group in China, which integrates life insurance, property insurance, enterprise annuity, asset management, industrial investment and insurance education, has begun to take shape.