List of Insurance Company of China

List of Insurance Company

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INSURANCE COMPANY
The Chinese protection industry has encountered quick extension over the previous decade, with yearly extra security premiums developing from 10 billion U.S. dollars in 1999 to 46 billion U.S. dollars in 2006.

Notwithstanding relentlessly expanding request, two noteworthy supply-side patterns have energized the advancement of the business:
 (1) under the World Trade Organization (WTO) structure, the Chinese government brought passage obstructions down to remote safety net providers, permitting them to build up joint-wander protection firms in China; and
 (2) residential back up plans fortified themselves through beginning open offerings and other business sector improvements. (For instance, China Life Insurance at one point turned into the second biggest insurance agency on the planet as far as business sector capitalization despite the fact that the quality has continued declining following the share trading system top of 2008.)

Starting 2007, China had 100 insurance agencies, 59 of which are household financed and the rest 41 are remote supported. Also, five Chinese insurance agencies including the People's Insurance Company of China, China Life Insurance, Ping An Insurance Company of China, China Insurance International Holdings Co., Ltd. (CIIH) and China Pacific Insurance have recorded at home and abroad.

China Life Insurance had around a half share of the disaster protection market; Ping A Life Insurance and Ping A Property Insurance offer 16% and 12% of relating protection markets, separately positioning second and third.

Chinese back up plans to be specific China Life Insurance, Ping An Insurance, People's Insurance Company of China and China Pacific Insurance were the main flood of safety net providers to open up to the world. In December 2011, New China Life started a second rush of IPOs for littler level 2 insurers.

In Jan-May 2007, the expanded protection resources achieved RMB 450 billion, without figuring the worth included of substantive monetary resources. At present, the gross resources of China Life Insurance have dwarfed RMB 1 trillion. Also, the aggregate capital of the entire protection industry has surpassed RMB 200 billion, 5.6 times that of 2002.

Amid the initial seventy five percent of 2009 China's insurance agencies had created benefits 36.9 billion RMB of which the seven biggest guarantors represented 90% of these benefits.

LIST OF INSURANCE COMPANY

China Taiping Insurance Holdings (once in the past China Insurance International Holdings Company) 

China Life Insurance Company 

China Pacific Insurance 

Individuals' Insurance Company of China (PICC Property and Casualty Company Limited) 

Ping An Insurance 

Others

Minsheng Life Insurance 

Aegon Life Insurance Co., Ltd 

Anbang Property and Casualty Insurance Co., Ltd 

China Continent Property and Casualty Insurance Co., Ltd 

China United Property Insurance Company (assumed control by CIRC)[4] 

China Export and Credit Insurance Corporation 

Awesome Wall Life Insurance Co., Ltd/Nippon Life 

Generali China Life Insurance Co., Ltd 

Huatai Insurance Company of China, Limited 

Manulife-Sinochem Life Insurance Co., Ltd 

New China Life Insurance Company Limited 

Sino Life Insurance Co., Ltd/Tokio Marine 

Sun Life Everbright Life Insurance Co., Ltd 

Daylight Property and Casualty Company Limited 

Taikang Life Insurance Company Limited 

Tianan Insurance Company Limited 

Yong An Insurance Co., Ltd