As of March 26th, 2024, the only state-owned insurance companies in China are China People's Insurance Company, China Life Insurance Company, China Reinsurance Company and China Taiping Insurance (Group) Company. Fude Life Life is not a state-owned enterprise, and its business scope covers accident insurance, health insurance, life insurance and annuity insurance.
The shareholders of Fude Life Insurance are composed of Shenzhen Fude Financial Investment Holding Co., Ltd. and Shenzhen National Investment Development Co., Ltd., so Fude Life Insurance is a private enterprise.