1865 (four years of Tongzhi in Qing Dynasty) On May 25th, Shanghai Yihe Insurance Company was established to underwrite the transportation of goods. This is the earliest insurance company founded by China people, which broke the monopoly of foreign insurance companies on the insurance market in China, and the modern national insurance industry in China was formally born.
In the first year of Guangxu (187565438+February 28th), the Insurance Investment Promotion Bureau was established. Half a year later, Renhe Water Fire Insurance Company was added and merged into Renji Water Fire Insurance Company.