China People's Insurance Company was established in June 1949, and was restructured into China People's Insurance Group Company (hereinafter referred to as PICC Group) in July 1996, realizing separate operations, including PICC Life Insurance Co., Ltd., PICC Property Insurance Co., Ltd. and PICC Reinsurance Co., Ltd.
Our company was renamed and rebuilt by PICC Life Insurance Co., Ltd. with the approval of the State Council in June 2006. Now its full name is China Life Insurance Co., Ltd., headquartered in Beijing, with branches in various provinces and cities across the country. Our company has been operating for more than 50 years, and it is the insurance company with the longest operating history in China. Now China People's Insurance Company has been renamed and rebuilt by PICC Property Insurance Co., Ltd. ..
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.