.gif)
China Life Insurance Company (Taiwan)
Encyclopedia
China Life Insurance Company Limited is a life insurance
company
in Taiwan
, Republic of China
, controlled by Koo Chen-fu
family. It was established in 1963. The current chairman of the company is Mr. Angelo Koo.
There is no business relationship between China Life Insurance Company in Taiwan and that in Mainland China
.
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...
company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
in Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
, Republic of China
Republic of China
The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...
, controlled by Koo Chen-fu
Koo Chen-fu
Koo Chen-fu , was a Taiwanese businessman and diplomat. He led the Koos Group of companies from 1940 until his death. As a chairman of the Straits Exchange Foundation , Koo arranged the first direct talks between Taiwan and China since 1949 and served as Taiwan's negotiator in both the 1993 and...
family. It was established in 1963. The current chairman of the company is Mr. Angelo Koo.
There is no business relationship between China Life Insurance Company in Taiwan and that in Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...
.