The main business of the Group is insurance, with four subsidiaries, namely, Renren Life Insurance, Renren Property Insurance, Renren Pension and Renren Assets, and four empowerment sectors, namely, health care, innovation, real estate and international. The subsidiaries of the Group have 60 provincial-level branches and more than 65,438+0,500 county-level branches in 365,438+0 provinces (autonomous regions and municipalities) nationwide, and the number of institutions ranks among the top in the industry. The Group has also maintained long-term good cooperative relations with all large state-owned banks in China, as well as a number of joint-stock banks, city commercial banks and local banks, with more than 80,000 outlets.
The Group has complete insurance licenses. Besides life insurance, property insurance, endowment insurance and insurance asset management, it also has the licenses of insurance sales agents, insurance brokers and third-party payment, as well as the licenses of insurance private fund managers, and initiated the establishment of the first real estate private fund in the industry.
Renren Insurance Group adheres to the customer-centered development concept, builds an insurance ecosystem around the whole life cycle of customers, and provides one-stop insurance protection solutions covering all categories such as personal insurance, property insurance, old-age security and wealth management for individual customers, family customers and group customers.