Is Lujiazui Cathay Life Insurance Company formal?

Yes Lujiazui Cathay Life Insurance Co., Ltd. is the first cross-strait joint venture life insurance company, which was jointly established by Shanghai Lujiazui Financial Development Co., Ltd. and Taiwan Province Cathay Life Insurance Co., Ltd., and is a formal insurance company. Lujiazui Cathay Life Insurance Company, headquartered in Shanghai, with a registered capital of RMB 3 billion, officially sold its insurance policy on June 5438+ 10, 2005.