China Taiping Insurance (UK)

China Taiping Insurance Group Co., Ltd., abbreviated as "China Taiping", was founded in Shanghai in 1929. It is the oldest national insurance brand in China's history and the only managed financial enterprise with its headquarters overseas.

China Taiping originated from the three major ethnic brands of Taiping Insurance, China Insurance, and Min'an Insurance. In 1956, according to the unified deployment of the state, China Insurance and Taiping Insurance ceased their domestic business and specialize in Hong Kong, Macao, and overseas insurance business. In 1999, all overseas state-owned insurance institutions were transferred to the management of China Insurance Co., Ltd. Listed on the Hong Kong Stock Exchange in 2000, it is the first insurance company in China to be listed overseas. In 2001, the Ethereum brand resumed operations in China. In 2009, the three major brands of "Zhongbao", "Taiping", and "Min'an" were unified and renamed as China Taiping Insurance Group Corporation. In 2011, it was included in central management and upgraded to a deputy ministerial level financial central enterprise. In 2013, the company completed restructuring and overall listing, and was officially renamed as China Taiping Insurance Group Co., Ltd.

China Taiping inherits the red gene and ethnic bloodline, based in Hong Kong, operates cross-border, and serves the world. In recent years, under the strong leadership of the Party Central Committee and the State Council, China's Taiping has developed rapidly and has been promoted to the Fortune Global 500 for three consecutive years, ranking 392nd. In 2020, China Taiping's total insurance premiums exceeded 200 billion yuan, operating revenue reached 244.6 billion yuan, total assets reached 981.8 billion yuan, and the scale of assets under management exceeded 1.77 trillion yuan. It has become a large multinational financial and insurance group with over 500000 internal and external employees, 24 subsidiaries, and more than 2000 business institutions at all levels, covering countries and regions such as mainland China, Hong Kong, Macau, Europe, Oceania, East Asia, and Southeast Asia, The business scope covers life insurance, property insurance, pension insurance, reinsurance, reinsurance brokerage and insurance agency, internet insurance, asset management, securities brokerage, financial leasing, real estate investment, elderly healthcare industry, and other fields. At present, China Taiping is the company with the most complete insurance business operation system in China, and also the insurance institution with the most distinctive international characteristics. It has basically formed a trinity of insurance, investment, and industry, and a coordinated development pattern between domestic and overseas.

During the 14th Five Year Plan period, China Taiping established itself in a new stage of development, implemented new development concepts, and served to construct a new development pattern. In accordance with the overall requirements of "central enterprise sentiment, customer first, innovation leadership, and value orientation", it actively served the national strategy and livelihood security, promoted the "dual circulation", maintained the "one country, two systems" and long-term prosperity and stability of Hong Kong and Macao, practiced the "shared Taiping" development concept, and opened a new chapter of high-quality development, Build the most valuable and growing international modern financial and insurance group.