In September 2002, it was renamed China United Property Insurance Company. In June 2006, China United Insurance Holdings Limited was restructured and established. China United Insurance Holdings Limited was renamed China United Insurance Group Limited.
The development of China United Property Insurance Company Limited;
1. China United Property Insurance Co., Ltd. was formerly an insurance company established by Xinjiang Production and Construction Corps with special funds from the Ministry of Finance and the Ministry of Agriculture. Founded in July 1986, it is the second wholly state-owned insurance company with independent legal personality in China.
On September 20th, 2002, with the consent of the State Council, Xinjiang Corps Insurance Company was renamed China United Property Insurance Company, becoming the only insurance company in China with the name of "China".