Anbang Insurance Group was established in 2004, but in just over ten years, relying on strong political and business relations, it has developed from a simple insurance company to a financial giant with a scale of trillions of yuan.
Official website shows that Anbang Insurance Group enjoys19.7 billion RMB (US$ 31800 million) in property, and its business covers life insurance and non-life insurance, investment management, financial management and commercial banks.
However, Anbang's main business is not commercial insurance, but investment, and the key to huge property is obtained according to investment recovery. The key to Anbang's investment is financial investment in properties and real estate.
Financial investment properties include banks, securities companies and futures companies, while real estate properties mainly include commercial real estate and office buildings.
Yongcheng Property Insurance Co., Ltd. is a national joint-stock property insurance company initiated by a large domestic power enterprise group and an industrial investment group.
Yongcheng Insurance Company was approved to start business by China Insurance Regulatory Commission on September 6th, 2004. Its headquarters is located in Shanghai, with a registered capital of 265,438+78 million yuan and more than 5,000 employees.
As of August 20 16, yongcheng has been established in Beijing, Shanghai, Guangdong, Hubei, Sichuan, Jiangsu, Zhejiang, Shandong, Fujian, Liaoning, Shenzhen, Shaanxi, Shanxi, Yunnan, Inner Mongolia, Tianjin, Hebei, Heilongjiang, Jiangxi, Guangxi, Xinjiang, Gansu, Qinghai, Hainan, Suzhou and Ningbo.
The business scope of yongcheng Insurance Company includes property loss insurance, liability insurance, credit insurance and guarantee insurance, short-term health insurance and accidental injury insurance, reinsurance business, insurance fund utilization business permitted by national laws and regulations and other businesses approved by China Insurance Regulatory Commission.
Changsheng life insurance co., ltd was established in 2004.
Registered capital: 265,438+67 million yuan, Chinese shareholders: China Great Wall Assets 5 1%, Great Wall Guo Fu 19%. Japanese shareholder: Japan Life Insurance 30%. According to the official, China Great Wall Asset Management Co., Ltd. is one of the four state-owned financial asset management companies. Great Wall Guo Fu is a wholly-owned subsidiary of Great Wall Assets. Japan Life Insurance Mutual Society was founded in 1889 with a history of more than 100 years. It is one of the largest life insurance companies in Japan and the world.