New China Life Insurance Company Ltd. (NWWCF)

2.0030 +0.2030 (+11.28%) As of 04:00PM EDT. Market open.

New China Life Insurance Company Ltd.

New China Insurance Tower
A12 Jianguomenwai Avenue Chaoyang District
Beijing 100022
China
86 10 8521 0000
https://www.newchinalife.com

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 30,221

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Yucheng Yang	Executive Chairman	25.96k	N/A	1971
Mr. Hong Zhang	President & Executive Director	481.96k	N/A	1964
Mr. Hongbo Qin	VP & Chief Risk Officer	N/A	N/A	1975
Mr. Xingfeng Gong	VP, Chief Actuary, Board Secretary & Joint Company Secretary	N/A	N/A	1970
Mr. Tao Zhang	Head of Accounting Department	N/A	N/A	N/A
Mr. Zhongzhu Wang	GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor	N/A	N/A	1967
Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS	Joint Company Secretary	N/A	N/A	1977

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company operates through three segments: Traditional insurance, Participating insurance, and Other Business. It provides life insurance, health insurance, and accident insurance products and services. The company also offers asset management, investment management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties. New China Life Insurance Company Ltd. was incorporated in 1996 and is headquartered in Beijing, China.

Corporate governance

New China Life Insurance Company Ltd.’s ISS governance QualityScore as of 1 October 2024 is 6. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.