New China Life Insurance

{{Short description|Chinese state-owned insurance company}}

{{distinguish|China Life Insurance Company}}

{{Infobox company

| name = New China Life Insurance Co., Ltd.

| logo = New China Life Insurance logo.svg

| logo_size =

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| type = State-owned enterprise; Public

| traded_as = {{ubl|{{SSE|601336}} (A share)|{{SEHK|1336}} (H share)}}

| industry = Financial services

| founded = {{start date|1996|9}}

| founder =

| hq_location = NCI Tower

| hq_location_city = Beijing

| hq_location_country = China

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| services = Life insurance

| revenue = {{increase}} {{CNY|link=yes|157.918 billion}}

| revenue_year = 2015

| operating_income =

| income_year =

| net_income = {{increase}} {{CNY|8.601 billion}}

| net_income_year = 2015

| assets = {{increase}} {{CNY|660.560 billion}}

| assets_year = 2015

| equity = {{increase}} {{CNY|57.835 billion}}

| equity_year = 2015

| owner = {{ubl|Central Huijin (32.25%)|Baosteel Group (15.11%)|Swiss Re (4.90%)|Fosun International (3.28%)|others (44.46%)}}

| rating =

| website = {{URL|https://www.newchinalife.com|newchinalife.com}}

| footnotes = in a consolidated basis{{cite web|url=http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0421/LTN20160421543.pdf|title=2015 Annual Report|date=21 April 2016|access-date=7 January 2017|work=New China Life Insurance|publisher=Hong Kong Stock Exchange}}

}}

{{Chinese

| title = New China Life Insurance Co., Ltd.

| s = 新华人寿保险股份有限公司

| t = 新華人壽保險股份有限公司

| p = Xīnhuá rénshòu bǎoxiǎn gǔfèn yǒuxiàn gōngsī

| order = st

| altname = New China Insurance Group

| s2 = 新华保险集团

| t2 = 新華保險集團

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}}

New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan ({{zh|s=新华保险集团}}) is a Chinese life insurance company based in Beijing. The Chinese government owns more than half of the shares of the company via sovereign fund Central Huijin, via state-owned enterprise Baosteel Group and a financial service company China Securities Finance.

The company is a constituent of the CSI 300 Index, FTSE China A50 Index and Hang Seng China Enterprises Index, and is a former constituent of the SSE 50 Index (blue chip of Shanghai Stock Exchange).{{cn|date=August 2023}}

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

Equity investments

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).

Shareholders

;Top 10 shareholders

{{updated|31 December 2015}}

References

{{reflist|30em}}