Is China Taiping Insurance a state-owned enterprise?

Yes, China Taiping Insurance is a state-owned enterprise. 20 1 1 is under the management of the Central Organization Department, and it is one of the four state-owned financial and insurance groups. Its shareholders are the Ministry of Finance and the National Social Security Fund Council.

China Taiping provides one-stop comprehensive financial services such as life insurance, property insurance, endowment insurance, reinsurance, reinsurance brokers and insurance agents, internet insurance, asset management, securities brokerage, financial leasing, real estate investment and pension industry investment. It also owns many subsidiaries such as Taiping Life Insurance Co., Ltd., Taiping Property Insurance Co., Ltd. and Taiping Endowment Insurance Co., Ltd.