China Life is China's largest state-owned commercial insuranceconglomerate.
中国人寿是中国最大的国有商业保险集团。
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Wesco is a conglomerate that owns insurance businesses and an eclectic mix of operating companies, much like Berkshire Hathaway, but Wesco is smaller and less diverse.
In fact it was glad this year to get rid of Winterthur insurance, which it bought in 1997 in the hope of succeeding as a financial conglomerate; it didn't.