Is Huaxia insurance a state-owned enterprise or a private enterprise?

Huaxia Insurance is a private enterprise.

Huaxia Life Insurance Co., Ltd. is a national joint-stock life insurance company approved by the Insurance Regulatory Commission of the Bank of China from June 5438 to February 2006. So Huaxia Insurance is a private enterprise, not a state-owned insurance company.

Company profile:

Huaxia Life Insurance Co., Ltd. (hereinafter referred to as Huaxia Insurance) was established with the approval of China Insurance Regulatory Commission from June 5438 to February 2006. Headquartered in Beijing, it is a national and joint-stock life insurance company.

2065438+July 2009, ranked 442nd in Fortune Global 500. On September 20 19 1 day, the list of the top 500 service enterprises in China was released in Jinan, and Huaxia Life Insurance Co., Ltd. ranked 48th.

On July 7th, 2020, China Banking Regulatory Commission and China took over Huaxia Life Insurance Co., Ltd. for one year. If the acquisition fails to achieve the expected effect, the acquisition period shall be extended according to law.

On August 0, 2020, Huaxia Insurance ranked 449th in the Fortune Global 500 list.