The company has strong Chinese Central Government background despite being incorporated in Hong Kong.

As of 2018 financial year, most of the profit of the listed company came from life insurance (HK$6.2 billion, compare to 8.8 billion profit from all operations; both figures including minority interest that attributable other owner of the subsidiaries).

Previously the headquarters was located in China Taiping Tower in Causeway Bay.

[15]: 140, 142  The three aforementioned Hong Kong based Chinese government owned insurers had formed China Reinsurance Company (Hong Kong), Limited in 1980,[14]: 385 [nb 1] which was one of the initial major assets of the listed company that was incorporated in 2000.

In 2002, the listed company acquired China Insurance Group Assets Management Limited (known as Taiping Asset Management (HK) Co. Ltd. since 2009[16]) for about HK$403 million in cash and newly issued share of the listed company.

[11] In 2013, more assets were acquired by the listed company from the parent to complete the reverse IPO, for a price of RMB10.6 billion.

[10] The assets included Taiping Financial Holdings (known as China Insurance Group Securities Holdings before 2009[11]) and it subsidiaries such as Taiping Securities (HK) Co. Ltd.[10] (known as China Insurance Group Securities before 2009[11]), as well as real estate such as China Insurance Group Building.

As of 31 December 2018, China Taiping Insurance Group owned 59.64% shares of the listed company.

[28] Ministry of Finance owned 90% stake of China Taiping Insurance Group.

[23] The rest of the stake of China Taiping Insurance Group was owned by the National Social Security Fund since January 2019.