Which is better, Tongfang Global Life Insurance or China Life Insurance?

1. Tongfang Global Life Insurance Co., Ltd. (formerly Haikang Life Insurance Co., Ltd.) was established by Dutch Global Life Insurance Group (Aegon) and Tongfang Co., Ltd. (THTF) with 50% contribution each. In May 2003, the company officially obtained the business license and began to operate life insurance business in China. Tongfang Global Life is headquartered in Shanghai with a registered capital of 2.4 billion yuan. Up to now, it has set up 13 branches in Beijing, Shanghai, Jiangsu, Shandong, Zhejiang, Guangdong, Tianjin, Qingdao, Hebei, Hubei, Fujian, Sichuan and Shenzhen.

2. China Life Insurance (Group) (hereinafter referred to as China Life Insurance) is a state-owned super-large financial and insurance enterprise company; Headquartered in Beijing, it is a central financial enterprise, a fortune 500 enterprise and a fortune 500 Chinese brand. The company's predecessor was the former China People's Insurance Company, which was established in 1949. In 1996, it was divided into PICC Life Insurance Co., Ltd., and changed its name to China Life Insurance Company in 1999. In 2003, with the approval of the State Council and the former China Insurance Regulatory Commission, the former China Life Insurance Company was reorganized into China Life Insurance (Group) Company. China Life Insurance (Group) Company and its subsidiaries constitute the largest state-owned financial insurance group in China, and are also important institutional investors in China capital market. The business scope covers life insurance, property insurance, enterprise and occupational annuities, banks, funds, asset management, wealth management, industrial investment, overseas business and other fields.

Tips: The above contents are for reference only. If you need to consult Ping An insurance related business, you can call Ping An Life Insurance Company of China 9551-1,Ping An Auto Insurance/Property Insurance/Accident Insurance 955 165438, Ping An Pension Insurance/Group Insurance 955 165438.

Reply time: 2021-12-17. Please refer to the latest business changes announced by Ping An Bank in official website.