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

The company is a state-owned enterprise.

Guoren Insurance, formerly known as Cinda Property Insurance Co., Ltd., is a national insurance company established in August 2009 with the approval of the financial supervision and management department. The registered capital of the company is 4.007 billion yuan, and the registered place is Shenzhen. In recent years, with the strong support of Shenzhen Municipal Party Committee and Municipal Government, China National Insurance adheres to the core business philosophy of "innovation transformation and value development" and promotes the establishment of a customer-centered, data technology-driven and open platform business model.

202 1, 1, 1 1, Fitch, an international rating agency, officially announced that it would give the State-owned Property Insurance Co., Ltd. (hereinafter referred to as "National Insurance") an "A-" (strong) financial strength (IFS) rating with a "stable" outlook.