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Which insurance companies in China are run by the state?
It is a state-owned enterprise and a state-controlled group company.

Taiping Life nominated other similar life insurance companies for the sixth place, and the company's strength is also quite good.

Like China Life, it is a state-owned insurance company affiliated to the State Council.

In terms of comprehensive strength, it is slightly inferior to China Life Insurance, China Ping An Insurance and Pacific Insurance.

But he is one of the few insurance companies whose dividend insurance products adopt British dividend. Other insurance companies use British bonuses.

Taiping Life has a long history. 1929 was established in Shanghai, and 1956 moved overseas to specialize in life insurance business. It was once one of the strongest, largest and largest national insurance companies in China's modern history, and also one of the China life insurance companies with the longest operating time and brand history in China.

200 1 1 1, China Insurance (Holdings) Co., Ltd. (renamed China Taiping Insurance Group Corporation in June 2009, referred to as "China Taiping") resumed its domestic life insurance business in the name of "Taiping Life". After the resumption of business, "Taiping Life Insurance" is the sixth national life insurance company in China. At present, the company has a registered capital of 3.73 billion yuan and is headquartered in Shanghai. By the end of 2009, the company had opened 34 branches and more than 700 third-and fourth-level institutions in 27 provinces, autonomous regions and municipalities directly under the central government, and its service network basically covered the whole country.

"China Taiping" is a state-owned financial insurance group affiliated to the State Council and the first multinational financial insurance group company in China. Its brand history can be traced back to Taiping Fire and Water Insurance Company founded by 1929, China Insurance Company Limited founded by193/kloc-0 and Hong Kong Min 'an Insurance Company Limited founded by 1949. As a member company with the largest concentration of mainland customers in China Taiping and the most important market interface in China Taiping, Taiping Life Insurance can indirectly provide a package of financial services for individual and group customers while focusing on individual life insurance business and relying on the comprehensive and diversified business platform of the Group. Taiping Life has been profitable for four consecutive years since it resumed business for eight years, with steady business development and good business structure. The company has not only become a strategic supporting force for the sustainable development of China Taiping in the new period, but also a major contributor to the business and profitability of China Taiping.

Since the resumption of business, Taiping Life Insurance has formed and strengthened its core competitive advantage with Scientific Outlook on Development as the leader, people-oriented and innovation as the breakthrough, and achieved leap-forward development. By the end of 2009, the company's total assets reached 79.7 billion yuan, the total number of customers exceeded 9.5 million, and the total underwriting amount exceeded 654.38+0.25 billion yuan, ranking among the top large and medium-sized life insurance companies in China.

In the eight years since its resumption of business, Taiping Life has been adhering to the business philosophy of China Taiping "Honesty Management, Service First" and taking "Creating a Rich and Safe Life" as its mission, devoting itself to providing customers with comprehensive insurance protection and financial management services, and courageously assuming the social responsibility of corporate citizens. The company's brand image and corporate reputation have been highly recognized by customers, employees and society, and the strength and brand competitiveness of enterprises have also been greatly improved. From "a new star of China insurance industry" to the backbone of China life insurance market.

From 2003 to 2008, Fitch, an international authoritative rating agency, rated Taiping Life Insurance as BBB+ for six consecutive years, believing that the company had good credit quality, sound financial strength and established a good business model. From 2007 to 2009, Taiping Life Insurance ranked among the "Top 500 Chinese Enterprises" and "Top 500 China Service Enterprises" for three consecutive years. In the ranking of Asian insurance competitiveness in 2009, Taiping Life ranked ninth, which rose sharply, highlighting the company's increasingly strong brand value.

1929

Jincheng Bank established Taiping Fire and Water Insurance Company in Shanghai.

1934

Taiping insurance company opens life insurance department.

1938

Taiping Life Insurance Co., Ltd. was formally reorganized by the Life Insurance Department.

195 1 year

It has more than 990 branches at home and abroad.

1956

According to the national policy adjustment, suspend domestic business and shift the focus of business overseas.

1956

According to the national policy adjustment, Taiping Insurance Company suspended its domestic business, moved its headquarters to Beijing, and no longer set up branches specializing in overseas insurance business in China. Its main task is to strengthen the leadership of foreign branches, actively carry out foreign business, serve overseas Chinese and accumulate foreign exchange funds for the country.

1958

According to the relevant resolutions of the central government at that time, domestic insurance business was completely suspended, and the development of domestic insurance business was basically interrupted.

200 1 may

The company began to prepare for the resumption of business.

200 1 10 month

It became a pilot unit of state-owned enterprise reform and was officially named Taiping Life Insurance Co., Ltd..

2001165438+1October 30th

After passing the acceptance by the China Insurance Regulatory Commission, it will resume business.

200165438+February 5.

Taiping Life announced the resumption of business, and the Shanghai business headquarters officially sold the insurance policy.

200 1 12 12

Taiping Life Insurance Shanghai Business Headquarters signed the first policy.

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