Zhonghui Life Insurance was jointly established by Central Huijin Investment Co., Ltd. and China Insurance Protection Fund Co., Ltd., with a registered capital of 12 digits. Among them, central huijin contributed 12, holding 80% of the shares. It used to be a state-owned enterprise, but later the company developed and became a central enterprise.

Central Huijin Company is a wholly state-owned company funded by the state. Authorized by the State Council, it makes equity investment in key state-owned financial enterprises. By the end of 2022, central huijin directly holds the equity of 18 financial institutions, among which Zhonghui Life Insurance is the fourth insurance company under central huijin, and the other three are China Export Credit Insurance Corporation, Zhongzai Group and Xinhua Life Insurance.

Scope of business of Zhonghui Life Insurance

The business scope of Zhonghui Life Insurance covers life insurance, health insurance, accident insurance and other personal insurance and reinsurance businesses, the use of insurance funds permitted by national laws and regulations and other businesses approved by insurance regulatory agencies. After the establishment of Zhonghui Life Insurance, it will undertake the policy liabilities, effective assets and all institutional outlets of Tianan Life Insurance according to law. All insurance companies operate normally, all insurance businesses are handled as usual, and the insurance contracts signed before the consumers take over continue to be valid.

Under the guidance of the strategy of the head office, Zhonghui Life Insurance Jiangsu Branch will continue to consolidate its basic management, serve the society with first-class management and first-class reputation, accelerate its development, and rank among the forefront of the Jiangsu market. In 2024, Zhonghui Life Insurance Jiangsu Branch will keep up with the pace of the head office, adhere to the concept of customer first, adhere to the customer-centered principle, and let customers truly enjoy differentiated, distinctive and high value-added services through service platforms such as health, pension and wealth, so as to build a quality service brand with Zhonghui characteristics.