Huaxia Life Insurance Co., Ltd. (hereinafter referred to as Huaxia Insurance) was established on June 5438+February, 2006 with the approval of the Insurance Regulatory Commission of the Bank of China. Headquartered in Beijing, it is a national joint-stock life insurance company. The main reason why Huaxia changed its name to Zhong Rui is that Huaxia Insurance Company has insufficient solvency and incurred operating losses. Two years after China Banking and Insurance Regulatory Commission took over, a new shareholder moved in and was later renamed as Zhong Rui Insurance.
In August 2020, it ranked 449th on the Fortune Global 500 list. 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.
Huaxia's Corporate Responsibility
While achieving rapid development, Huaxia Insurance actively gives back to the society and fulfills its corporate citizenship responsibilities. Almost every year, there are public welfare activities with different themes, which are recognized by the market and society. Focusing on "caring for the elderly and caring for the youth", Huaxia Charity Fund initiated and set up two "Huaxia Charity Funds" in 20 13 together with China Youth Development Foundation and China Aging Cause Development Foundation, which were used for the public welfare undertakings of teenagers and the elderly respectively, and explored and practiced the public welfare model of sustainable development.
Implement "Lighting Action" in Wenchuan, Yushu, Ya 'an, Ludian and other earthquake-stricken areas to care for and rescue earthquake orphans for a long time; In May 2008, Huaxia Insurance launched the first aid operation "Lighting Operation" in the Wenchuan earthquake-stricken area, and announced that it would support nearly 100 Wenchuan orphans until they finished their studies, and provide accidental injury insurance and accidental disability insurance for 5,000 Wenchuan earthquake volunteers. At present, the donors of "Lighting Action" have expanded from Wenchuan to orphans in Yushu, Ya 'an, Ludian and other disaster areas.
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