Long An Law Firm Successfully Won the Bid for China Life Insurance Company Ltd.

This tender attracted hundreds of law firms from domestic and abroad to bid, and the competition was fierce. Long An Law Firm demonstrated first-class professional level in the fields of finance, insurance, labor and personnel, and has rich performance experience and an excellent lawyer team. Finally, it stood out and successfully won the bid to become the domestic legal service provider for China Life.

China Life is the core subsidiary of the China Life Insurance (Group) Company, a company in Fortune Global 500 and the Fortune Global 500 Brand, with a registered capital of RMB 28.265 billion. Occupying the leading position in the domestic life insurance market with a long history and strong strength, China Life is known as the “Mainstay” of China’s insurance industry. As of December 31, 2019, China Life’s total assets reached RMB 3,726.734 billion, ranking first in the domestic life insurance industry. In 2019, the company achieved premium income of RMB 567.086 billion, a year-on-year increase of 5.8%, and continued to maintain its industry leadership.

After winning the bid, Long An Law Firm, Beijing Offices will actively work to provide China Life with high-quality, professional and efficient legal consulting services, and help the construction of the rule of law in the insurance sector in China.