China Life Property & Casualty Insurance Co (CLPCC), founded in Dec 2006, is a key subsidiary of China Life Insurance (Group) Co with a registered capital of 15 billion yuan ($2.36 billion).
CLPCC's business scope includes insurance for property damage, liability, credit issues, guarantees, short-term health and accidents.
Moody's, one of the world's three most renowned credit rating agencies, rated CLPCC's insurance financial strength "A1" in its first rating of the company and described the company as stable.
In 2016, CLPCC's premium income exceeded 60 billion yuan and its retained profits reached 1.16 billion yuan, ranking fourth in the Chinese market.
Address: 9F, Minnan Building, No 299-309, South Hubin Road, Siming district, Xiamen