As early as the beginning of February this year, Anbang Life Insurance was approved to be established. The company will be jointly established by Anbang Property Insurance, Zhejiang Innovation Automobile Sales Co., Ltd., China Unicom Leasing Group Co., Ltd., Biaoji Investment Group Co., Ltd. and Zhejiang Zhonglu Infrastructure Investment Group Co., Ltd., with a registered capital of 500 million yuan and a registered place in Beijing. The proposed chairman and general manager are Chen Ping.
In yesterday's reply, the China Insurance Regulatory Commission said that Anbang Life's business includes life insurance, health insurance, accident insurance and other personal insurance businesses. Reinsurance business of the above business; Insurance fund utilization business permitted by national laws and regulations; Other businesses approved by China CIRC. The approval of the life insurance company to start business indicates that the pace of comprehensive management of Anbang Property Insurance is accelerating, and the market thinks that the embryonic form of Anbang Property Insurance entering the "insurance group" is emerging.
Previously, Anbang Property Insurance and Zhong Ping Investment Group Co., Ltd. acquired Ruifu Health Insurance Co., Ltd. in early June this year and changed its name to Harmony Health Insurance Company. In mid-May, Anbang Property Insurance became the major shareholder of Harmony Health Insurance Company through capital increase, with a shareholding ratio of 99.7%. The data shows that the registered capital of Harmony Health Insurance increased from 300 million yuan to 654.38 billion yuan, of which Anbang Property Insurance increased by 700 million yuan. Harmony Health Insurance, headquartered in Shanghai, currently has two branches in Shanghai and Jiangsu and several central branches, initially forming a service network covering East China.
According to the data, Anbang Property Insurance was established in 2004, and its current registered capital is 5 1 100 million yuan. According to the statistics of the China Insurance Regulatory Commission, in the first four months of this year, Anbang Property Insurance realized a premium income of 2.548 billion yuan, a year-on-year increase of 1. 17 times, and now it ranks tenth among property insurance companies.
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