According to the information displayed by official website of Modern Property Insurance (China) Co., Ltd., its parent company is Modern Marine Fire Insurance Co., Ltd., which was established in 1955. With the strong background and rich experience of its parent company, Modern Property Insurance (China) Co., Ltd. has also made remarkable achievements in China market.
First of all, Hyundai Property Insurance (China) Co., Ltd. has been approved by the China Insurance Regulatory Commission to change its registered capital from 200 million yuan to 300 million yuan, which reflects the company's strength enhancement and market recognition. This capital increase will help the company to further expand its business scale and enhance its solvency and market competitiveness.
Secondly, Modern Property Insurance (China) Co., Ltd. has obvious advantages in insurance business. Since its establishment, the company has been committed to frequent exchanges and cooperation with Chinese mainland, in-depth understanding of China's culture and market characteristics. In order to better adapt to the China market, the company not only actively carried out various related activities.
By sending excellent employees to participate in short-term training and professional training, the professionalism and market insight of employees can be improved. These measures have laid a solid talent foundation for the company's development in China market.
In addition, Modern Property Insurance (China) Co., Ltd. also actively cooperates and exchanges with insurance academic circles in China. For example, the company and insurance institute of china jointly hosted an international seminar to discuss the market demand and development prospects of new sales channels such as online insurance.
At the same time, the company became a full member of Peking University Insurance Research Center, further strengthening the cooperation with the insurance academic circles in China. These measures will help the company to deeply understand the demand and trend of China market and improve its innovation ability and competitiveness.