In life insurance, the payment of death insurance benefits is an inevitable event, but the payment time is a random event. There are three ways to pay life insurance premiums: ① wholesale payment. That is, one-time payment at the time of insurance; (2) Deadline. That is, it will be paid in installments within a certain number of years from the time of insurance (such as before the insured reaches the age of 60 or 65); ③ Lifelong friendship. That is, it is paid by installments in the life of the insured.
CCB Life Insurance Co., Ltd., abbreviated as "CCB Life" or "CCB Life", is a financial institution engaged in life insurance in China with its registered place in Shanghai. Its predecessor, Pacific Antai Life Insurance Co., Ltd., was established in June 1998.
20 1 1 Pacific Aetna, Dutch Insurance International Limited and China Pacific Insurance (Group) Co., Ltd. transferred their shares in Pacific Aetna to China Construction Bank Co., Ltd., and China Construction Bank became the controlling shareholder of Pacific Aetna. On July 6, 20 1 1, Pacific Antai was renamed as "Jianxin Life Insurance".
Equity change:
Pacific Aetna Life Insurance Co., Ltd., abbreviated as "Pacific Aetna" or "Pacific-Antai Life", was established with the approval of the People's Bank of China in June 5438+0997 with a registered capital of 200 million yuan. China Pacific Insurance Company and American Antai Insurance Company each hold 50% of the company's shares.
In 2000, ING acquired the financial services and international business subsidiary of American Antai Insurance Company and became the new shareholder of Pacific Antai. In 2002, Pacific Antai Capital increased to 500 million yuan, in 2006 to 700 million yuan, and in 2008 to 800 million yuan.
On June 29th, 2009, 65438+February 29th, ING signed an equity transfer agreement to transfer its 50% equity of Pacific Antai to China Construction Bank. 20 10, 10 On February 27th, China Pacific Insurance Group signed the Property Rights Transaction Agreement, selling 50% equity of Pacific Aetna to China Construction Bank and investors, and China Construction Bank acquired 0% equity of Pacific Aetna/kloc-0.
On 2011March 3 1 day, the CIRC approved the above two equity transfers. The shareholder structure of Pacific Antai is China Construction Bank 5 1%, China Life Insurance (Taiwan Province Province) 19.9%, China Yin Jian Investment 19.35%, and Shanghai Jinjiang International Investment Management 4%.
20111213, all shareholders of CCB Life Insurance increased their capital by the same amount, and the registered capital of CCB Life Insurance was changed to RMB1180 million yuan.
20 12165438+1October12, CCB Life increased its capital to 4.5 billion yuan, and the proportion of shareholders and their shares was: China Construction Bank 51.00%; China life insurance (Taiwan Province province)19.90%; National Social Security Fund Council14.27%; China Construction Bank contributed 5.08%; Shanghai Jinjiang International Investment Management 4.90%; Hua Xu invested 4.85%.
CCB Life uses banking channels to sell its insurance products, including life insurance, health insurance and accident insurance, and its premium income has also increased rapidly in recent years.
In order to meet the needs of business development, China Life Insurance (Taiwan Province Province) plans to increase its capital in the near future. As it currently holds 65,438+09.9% of the shares, it will increase its capital in the proportion of 65,438+065,438+094 million yuan. The company is expected to be listed in the mainland in 2065,438+08, and will first apply for landing in the new third board market in the mainland.