New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in the People's Republic of China. It operates through three segments: Individual Insurance Business, Group Insurance Business, and Other Business. The company also offers asset management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties. New China Life Insurance Company Ltd. was incorporated in 1996 and is headquartered in Beijing, the People's Republic of China.

History

The company is a constituent of stock market indice SSE 50 Index (blue chip of Shanghai Stock Exchange), CSI 300 Index, FTSE China A50 Index and Hang Seng China Enterprises Index.

The company was ranked 427th in 2016 Fortune Global 500 and 297th in 2016 Forbes Global 2000.

The company invested the premium received to several publicly traded company of China, notably Hikvision (0.51% stake in 2015), Industrial Bank (0.21% stake in 2015) and Tianqi Lithium (5.20% stake in 2015).

Mission

NCI is committed to creating a better future for its customers and providing them with professional, diversified, and personalized insurance products and services.

Vision

NCI's vision is to become a leading global life insurer and provide distinguished business services to customers.

Key Team

Mr. Xingfeng Gong (VP, Chief Actuary, Board Sec. & Joint Company Sec.)

Mr. Yuan Li (VP)

Mr. Hongbo Qin (VP)

Mr. Tao Zhang (Head of Accounting Department)

Mr. Zhongzhu Wang (GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor)

Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS (Joint Company Sec.)

Mr. Yigong Liu (VP)

Recognition and Awards

NCI has been ranked by Euromoney as one of the Top 500 Companies in Asia for five consecutive years, and was named by A.M. Best as one of the world's top 50 insurance companies for four consecutive years.