Apart from setting up a head office in Shanghai, Taiping Insurance has also set up branches and agencies in major domestic ports. In its heyday, it had more than 900 agency outlets in China, and also set up several branches in Hongkong and Southeast Asia, becoming a powerful national insurance company in China insurance market at that time.
1May, 949, Shanghai was liberated. With the approval of Shanghai Military Commission, Taiping Insurance resumed business on June 20th. 1949. In 1950s, the state reformed the national capital insurance company. After two rounds of reorganization, namely 195 1 and 1956, 28 private property insurance companies in China were merged and reorganized into public-private Taiping insurance companies. According to the overall arrangement of the country, starting from 1956, the domestic insurance market is exclusively operated by China People's Insurance Company, and Taiping Insurance closes its domestic business and specializes in overseas business. Since then, Taiping Insurance has gone overseas and operated in Hong Kong, Macao and Southeast Asia for 45 years.
200 1 12 On February 20th, with the consent of the State Council and the approval of the China Insurance Regulatory Commission, Taiping Insurance resumed its property insurance business in China in an all-round way and carried out the equity reform of the company. At present, there are three shareholders of Taiping Insurance, namely: China Taiping Insurance Group (hereinafter referred to as "China Taiping"), China Taiping Insurance Holdings Limited (listed in Hong Kong, the first listed company in China insurance industry) and China Industrial and Commercial Bank of China (Asia) Limited (hereinafter referred to as "ICBC Asia", the industrial and commercial bank of China listed in Hong Kong). The company is headquartered in Shenzhen. As of July 2009, the registered capital was RMB 654.38+RMB 57 million.
Taiping Insurance is a national property insurance company, and its business scope includes all kinds of property insurance, accidental injury insurance, short-term health insurance and reinsurance business, as well as all kinds of insurance business and capital utilization business permitted by national laws and regulations. In 2002, the company set up four branches in Beijing, Shanghai, Guangdong and Shenzhen. In 2003, it opened 8 branches in Dalian, Tianjin, Henan, Shandong, Jiangsu, Zhejiang, Hubei and Sichuan. In 2004, it opened three branches in Qingdao, Hunan and Chongqing. In 2005, we set up branches in Shanxi, Shaanxi, Anhui and Fujian. Liaoning, Hebei and Yunnan branches were established in 2007, and five branches were established in Ningbo, Heilongjiang, Guizhou, Guangxi and Xiamen in 2008. As of July 2009, Taiping Insurance has opened 28 branches in China.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.