Is Xintai insurance a regular insurance?

Xintai insurance is a regular insurance company. Xintai Insurance is an insurance company approved by the China Insurance Regulatory Commission, so it is a formal insurance institution. Xintai Insurance, whose full name is Xintai Life Insurance Co., Ltd., was established on May 18, 2007 and its headquarters is in Hangzhou, Zhejiang. Xintai Insurance has a registered capital of RMB 5 billion, and can handle all kinds of personal insurance (including all kinds of statutory insurance). Established 2 1 branch, 1 business department and 220 branches. Insurance is a risk management tool. By purchasing insurance, individuals or organizations can transfer risks to insurance companies or institutions. In insurance contracts, individuals or organizations pay insurance premiums in exchange for financial compensation or some form of help from insurance companies under certain circumstances.