2. China Life Insurance (Group) Co., Ltd. is a large national financial insurance enterprise, headquartered in Beijing. 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.
It can be seen that there are some differences in the strength of the two companies, but the difference is not big. Every insurance company has a strong background.
4. If it is a state-owned enterprise, it is generally supported by a big consortium, or it started its business earlier. If it is a foreign-funded enterprise, the influence of foreign shareholders in the world is very strong.
The main difference lies in the quality of services and products provided by insurance companies.
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