Taikang Life Insurance Company Limited is a Beijing-based, China-incorporated life insurance company, the fourth largest life insurer by premium income in China,[1] offers services ranging from life insurance to asset management. It was founded in 1996 by CEO Chen Dongshen, a businessman related to Mao Zedong. The company has branches in Beijing, Shanghai, Hubei, Shandong, Guangdong and in other locations. In 2016, it acquired a 13.5% stake in Sotheby's, becoming the largest shareholder of the New York–based auction company.
Its headquarters is in the Taikang Life Building (泰康人寿大厦) in Xicheng District.[2]
History
Taikang Life Insurance Co. Ltd. was founded on August 22, 1995, after approval from the People's Bank of China, as a national corporation headquartered in Beijing