China Life to expand overseas presence

China Life Insurance Co Ltd, the country's largest life insurer by market share, will invest actively in international markets, seeking greater exposure to assets including overseas stock markets, real estate and infrastructure projects, a senior executive said on Thursday.

Zhao Lijun, the insurer's vice-president, said that China Life remains "positive" on overseas investment and will seek opportunities under the Belt and Road Initiative.

China Life has invested in a string of overseas deals last year including a stake worth 346 million pounds ($452 million) in Aldgate Tower in London as well as the $2 billion stake in Starwood Capital Group's US hotels portfolio.