ICBC-AXA Life is a prominent life insurance joint venture in China, established in 2012 through a partnership between the Industrial and Commercial Bank of China (ICBC), the French insurance giant AXA Group, and China Minmetals Corporation. Headquartered in Shanghai, the company was formed with a registered capital of RMB 12.505 billion and operates with a shareholder structure of 60% ICBC, 27.5% AXA, and 12.5% China Minmetals.
The company offers a comprehensive range of insurance products, including life, health, accident, critical illness, travel, retirement, and investment-linked insurance plans Pacific Prime. These services cater to both local residents and expatriates across China, supported by a network of 19 provincial branches and an asset management subsidiary.