THE People's Insurance Company (Group), one of China's biggest non-life insurers, is to launch an A-share listing, company sources said.

Currently, People's Insurance has decided to create a reform office to lead the share listing. Whether it will list as a whole or spin off its property business has not been decided, Wu Yan, company president, said at a meeting.

The move follows Ping An Insurance and China Life Insurance's A-share listings last year. The two insurers launched their domestic listings after completing overseas listings.