2. China Life Insurance – $80 Billion
The single largest insurance company by market capitalization in China was none other then the China Life Insurance Company Limited which is currently based out of Xicheng District, Beijing, China.
Not only is the company number one in the insurance sector in China but also ranks at number 94 on the global 500 list by Fortune magazine.
It is also important to note that unlike the others on the list this company is government sponsored and also partially owned by the government of China as well.