The first office in China was established in Shanghai in 191

At the end of 197s, the relationship between the two sides, which was once interrupted, began to recover.

in p>1979, a delegation from the board of directors of Allianz visited the headquarters of People's Insurance Company of China and established contact with the insurance industry in China. Allianz Group and PICC formally signed a cooperation agreement on reinsurance and insurance technology transmission, becoming the first international insurance company to sign a cooperation agreement with China insurance company.

the first representative office was opened in Beijing in December p>1993; In 1994, representative offices were established in Shanghai and Guangzhou respectively.

At the end of p>1998, Allianz Volkswagen Life Insurance Co., Ltd., the life insurance business organization of Allianz in China, was approved to open, and officially opened on January 25th, 1999. This is the first enterprise of European insurance company in China, and Allianz owns 51% of the joint venture company and becomes the controlling shareholder.

In March p>21, Allianz Volkswagen signed a contract with Shanghai Shenhua Football Club, becoming the only insurance sponsor designated by the club that year.

In p>22, Allianz Group and Guotai Junan Securities, a well-known domestic brokerage firm, jointly established the Allianz Fund Management Company in Shanghai, which was the first Sino-foreign joint venture fund management company approved for construction.

In p>23, Guangzhou Branch of Allianz Insurance, the property insurance management institution of Allianz Group in China, was established.

In p>23, Mondial Rescue Group, a subsidiary of Allianz Group, opened a wholly-owned company in Beijing and officially entered China, becoming the first wholly foreign-owned company in China to provide professional road rescue for automobile manufacturers.

In p>26, Allianz Group, as a strategic investor introduced by China Industrial and Commercial Bank, subscribed for 6.432 billion H shares issued by the bank with a capital of 1 billion US dollars. China Industrial and Commercial Bank has become the most important partner of Allianz's bancassurance business in China.

In p>26, Allianz Volkswagen Life Insurance Company was changed to Sino-German Allianz Life Insurance Co., Ltd., headquartered in Shanghai, and Allianz still holds 51% of the shares and continues to maintain its controlling position; At the same time, after the introduction of CITIC Trust, a subsidiary of CITIC Group, a company directly under the State-owned Assets Supervision and Administration Commission of the State Council, as a joint venture partner, the social awareness of Allianz's branches in China has been enhanced, which is conducive to further expanding its life insurance business. Allianz has opened branches in Shanghai, Guangdong, Shenzhen, Jiangsu, Zhejiang, Sichuan, Shandong and Beijing, and will expand to Hubei and Fujian in the next few years.

In p>26, Allianz Global Investors and PIMCO, both subsidiaries of Allianz Group, became one of the 1 overseas investment management institutions of the National Social Security Fund, and became the active product investment managers of Hong Kong stocks and global bonds respectively, with a total investment share of 15%.

In p>27, Allianz Group cooperated with Shanghai University of Finance and Economics to set up Allianz Banking and Insurance College, and * * * trained management talents and sales talents in banking and insurance.

In October p>27, Yuli Anyi signed a cooperation agreement with Bank of China Insurance. According to the agreement, it will provide reinsurance support for BOC Insurance, and provide comprehensive technical support and training in underwriting and compensation for BOC Insurance.

After the Wenchuan earthquake in May-December, 28, Allianz Group actively helped the disaster-stricken areas to recover and rebuild, and successively donated money to build Allianz Qifu Primary School, Allianz Qifu Kindergarten, Allianz Xiaode Primary School and Allianz Xiaode Kindergarten in Mianzhu, Deyang, Sichuan.

In p>29, Allianz Group, as a basic investor introduced by Pacific Insurance Company, subscribed for H shares issued by Pacific Insurance Company in Hong Kong with a capital of US$ 15 million, and reached a series of non-binding cooperation intentions in pension, reinsurance and other businesses.

in September, 29, the application for increasing the registered capital of Sino-German Allianz Life Insurance was approved by the China Insurance Regulatory Commission, and the registered capital of the company increased from 1.4 billion yuan to 2 billion yuan.

In January p>21, Allianz Insurance Guangzhou Branch was approved by China Insurance Regulatory Commission, and was changed to Allianz Property Insurance (China) Co., Ltd., and officially opened in July. After being transformed from a branch company into a corporate insurance company wholly owned by Allianz Group, Allianz Group can open branches all over the country to expand its property insurance business in the future, while the previous Guangzhou branch can only conduct business in Guangdong Province.

in September p>21, the registered capital of Allianz Property Insurance (China) Co., Ltd. increased from 2 million yuan to 22 million yuan.

On January 1th, 211, Allianz Group announced that it had spent $855 million to increase its holdings of H shares of Pacific Insurance Company. Allianz Group has held 24 million H shares of CPIC, accounting for 1.4% of CPIC H shares and 2.8% of CPIC's total tradable shares (A+H). This move marks that Allianz has further strengthened its long-term investment in CPIC.

In March p>211, Yuli Anyi Credit Insurance signed an insurance and reinsurance cooperation agreement with China Pacific Insurance.

On May 5, 211, Allianz Property Insurance (China) and Huatai Property Insurance signed a cooperation framework agreement, and the two parties intend to cooperate in dealing with traffic accidents and motor vehicle accidents.