Is Taikang Life Insurance a company recognized by the state?

yes.

according to public information, Taikang life insurance co., ltd. is a national and joint-stock life insurance company established with the approval of the head office of the people's bank of China on August 22nd, 1996, with its headquarters in Beijing.

in November, 2, Taikang Life Insurance fully completed the foreign capital offering approved by the State Council and the China Insurance Regulatory Commission. At present, Taikang Life Insurance has 2 shareholders, among which Chinese shareholders include Sinotrans Changhang Group Co., Ltd., China Guardian International Auction Co., Ltd., China Communications Construction Co., Ltd., CITIC East China (Group) Co., Ltd. and foreign shareholders include famous international financial enterprises such as Swiss Fengtai Life Insurance Company, New Deal TEDA Investment Co., Ltd. and Japan Softbank Group. Ranked 114th in "Top 5 Chinese Enterprises in 216". (For relevant information, please refer to the webpage link)