China Life Insurance (Overseas) Company Limited ("China Life (Overseas) ") is the only overseas wholly-owned subsidiary of China Life Insurance (Group) Company, which is a major financial institution. In 2025, China Life Insurance (Group) Company’s consolidated revenues surpassed RMB1.28 trillion, and its consolidated assets reached approximately RMB8.56 trillion. For 23 consecutive years, China Life Insurance (Group) Company has joined the ranks of Fortune Global 500 companies, with brand value of RMB 501.985 billion1. In 2016, China Life became the largest single shareholder of China Guangfa Bank, initiating a new phases of synergistic development across its three core business segments - insurance, investment, and banking.
China Life (Overseas) has a rich heritage with its roots to be traced back to 1933, serving its customers for over 90 years. With the strong support from the Group Company, China Life (Overseas) becomes the largest Chinese insurer and Chinese institutional investor in Hong Kong, with consolidated assets of HKD 452.8 billion in 20252, Deep-rooted in Hong Kong and Macau, China Life (Overseas) maintains strong business ties with Mainland China while expanding to Southeast Asia, with a wide range of business in life insurance, investment and Mandatory Provident Fund (MPF). China Life (Overseas) is committed to providing its customers with high-quality products and services in life protection, savings and annuities. Stationed at China Life Centre in Hung Hom, Hong Kong, China Life (Overseas) established 7 main branches and subsidiary companies, including Hong Kong Branch, Macau Branch, China Life Trustees Limited, Singapore Subsidiary, Indonesia Subsidiary, Fintech Centre, and China Life International Financial Academy.
China Life (Overseas) is assigned an "A1" insurance financial strength rating by Moody's3, and an "A" long-term local currency issuer credit rating and insurer financial strength rating by Standard & Poor's4.
About Macau Branch
Established in April 1989, China Life (Overseas) Macau Branch provides a comprehensive suite of services, including life insurance, group medical insurance, and retirement schemes.
By leveraging close partnerships with 14 banks and 7 intermediaries/brokers, alongside a professional agency force of over 1405, the Branch delivers holistic insurance protection and wealth management solutions to its clients. In 2018, the company became one of the first approved entities in Macau to manage the Non-Mandatory Central Provident Fund, serving a high-profile pension portfolio that includes major Chinese enterprises, prominent social organizations, banks, and universities.
Since embarking on a strategic transition toward high-value business in 2022, the Branch has seen significant growth. In 2025, it achieved a gross written premium of MOP 12.9 billion, securing a 35% market share6 and consistently leading the life insurance market in Macau.
Over the years, China Life (Overseas) Macau Branch has remained deeply committed to social welfare and community development. Actively responding to the SAR Government's initiatives, the Branch supports large-scale events and organizes employees to participate in local charitable activities to assist vulnerable groups. Through diverse actions, the company fulfills its corporate social responsibility, collaborating with all sectors of society to build a better Macau.
1 Source："Top 500 Most Valuable Chinese Brands" 2024 by World Brand Lab
2 As of 31 December, 2025, unaudited financial statement
3 As of 11 February 2025, Moody’s has assigned an "A1" insurance financial strength rating to China Life Insurance (Overseas) Company.
4 As of 18 December 2024, Standard & Poor's has assigned an "A" long-term local currency issuer credit rating and insurer financial strength rating to China Life Insurance (Overseas) Company Limited.
5 Channel partner statistics are current as of May 2026.
6 Source: Insurance Activity Provisional Statistics Reports of AMCM（Quarterly, 2025）