Top 10 Life and Nonlife Insurance Companies, People's Republic of China, 2017

(US$ millions)

Life Nonlife
Rank Company Premium income (1) Rank Company Premium income
1 China Life Insurance Co., Ltd. $75,802.6 1 PICC Property and Casualty Co., Ltd. $51,686.0
2 Ping An Life Insurance Company of China, Ltd. 54,592.8 2 Ping An Property & Casualty 31,960.1
3 Anbang Life Insurance Co., Ltd. 28,052.6 3 China Pacific Property Insurance Co., Ltd. (CPIC) 15,388.5
4 CPIC Life (China Pacific Insurance (Group) Co., Ltd.) 25,744.9 4 China Life Property and Casualty Co., Ltd. 9,798.1
5 Taikang Life Insurance Co., Ltd. 17,072.9 5 China United Property Insurance Company 5,745.6
6 Taiping Life Insurance Co., Ltd. 16,858.0 6 China Continent Property & Casualty Insurance Co., Ltd. 5,493.3
7 New China Life Insurance Co., Ltd. 16,172.6 7 Sunshine Property & Casualty Insurance Co., Ltd. 4,951.0
8 PICC Life Insurance Co., Ltd. 15,720.0 8 Taiping General Insurance Co., Ltd. 3,265.6
9 Huaxia Life Insurance Co., Ltd. 12,867.6 9 China Export & Credit Insurance Corporation 2,735.9
10 Funde Sino Life Insurance Co., Ltd. 11,897.6 10 Tian An Property Insurance Company 2,097.1
(1) Includes personal accident and health. Source: China Insurance Regulatory Commission (www.circ.gov.cn/), sourced from Timetric. © Global Data.