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February 09, 2016 2:00 AM ET


Company Overview of Minsheng Life Insurance Co., Ltd.

Company Overview

Minsheng Life Insurance Co., Ltd. offers life insurance services. It offers its personal insurance and bancassurance products. Minsheng Life Insurance Co., Ltd. was founded in 2002 and is based in Beijing, China. Minsheng Life Insurance Co., Ltd. operates as a subsidiary of Wanxiang Group Corporation.

38 East Third Ring Road

Sang Building

Chaoyang District

Beijing,  100026


Founded in 2002


86 10 5920 6666


86 10 5920 6615

Key Executives for Minsheng Life Insurance Co., Ltd.

Age: 46
Vice President
Compensation as of Fiscal Year 2015.

Minsheng Life Insurance Co., Ltd. Key Developments

Four Chinese Concerns Submitted Bids For Clal Insurance

Macrolink Group Limited, Tianan Property Insurance Company Limited, JT Capital Management Ltd. and XIO Group have have submitted non-binding bids for the acquisition of a controlling interest in Clal Insurance Enterprises Holdings Ltd. (TASE:CLIS) from IDB Development Corporation Limited (TASE:IDBD), according to capital market sources. Minsheng Life Insurance Co., Ltd. has also made enquiries for the bid. The price levels of the bids are unknown, but market sources believe that the bids are higher than Clal Insurance's capital, and may even be in the vicinity of 1.2 times its capital. As of now, there is no certainty which of the bids will materialize into an actual deal.

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