Is Minsheng insurance company a state-owned enterprise or a private enterprise?

Private enterprises. According to official website information of Minsheng Life Insurance Co., Ltd., Minsheng Insurance Company was established on June 18, 2002, and the All-China Federation of Industry and Commerce took the lead in preparing the first insurance company in China with private capital as the main contributor. Minsheng Life Insurance Co., Ltd., the company's business scope includes life insurance, health insurance, accident insurance, reinsurance business of the above insurance business and capital utilization business.