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Study Chinese Insurance Company - today we will discuss about insurance in china.countriesincreasingly have insurance companies on having choices in all areas.no exception China Life Insurance ( Group ) Company , headquartered in Beijing , is a financial company and a large state-owned insurance . Its predecessor , established in 1949 PICC and PICC ( Life ) Co. , Ltd. was established in 1996 after the separation of the former PICC . In 1999 , the name of China Life Insurance Company . With the approval of the State Council and the China Insurance Regulatory Commission , the former China Life Insurance Company has been restructured as China Life Insurance ( Group ) Company in 2003 .
Having Life Insurance Company of China Limited , China Life Asset Management Company Limited , China Life Property & Casualty Insurance Company Limited , China Life Pension Company Limited , China Life Insurance ( Overseas ) Company Limited , China Life Investment Holding Company Limited and the University of Professional Insurance as a child company . Its business includes life insurance , property & casualty insurance , pension plan ( annuity companies ) , asset management , industrial investment and operating negeri.Melalui operations outside the capital , he has invested in several banks , security companies and other non-financial institutions .
Many Chinese consumers share the attitude towards insurance . They often do not see risk mitigation as the primary purpose of insurance policies . Instead they want to get something back in claims . If not , they will consider the policy a waste of money .
China Life took a " strong ethical and superior service " as the core of the corporate culture , and strictly in accordance with the operating concept of " client - oriented , grassroots - focused and value - centered " . By assuming an active insurance and social responsibility , he tried to become the leading industry with high recognition and clients the best value of the company . It is our goal to build China Life became a financial and insurance groups worldwide .
Although the roots of China's insurance industry extending back more than 100 years , the industry has nearly disappeared from 1949 to reopen China to the outside world in the late 1970s . Contemporary Chinese insurance industry thus around 30 years old . P & C insurance market of China has been growing rapidly in this range , driven by the country's economic boom . At the end of 2011 , total assets reached RMB 1.9562 trillion yuan . ( Figures supplied unaudited . )
Study Chinese Insurance Company
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