Allianz Insurance is a regular insurance company. Sino-German Allianz Life Insurance Company is the first European joint venture life insurance company approved to open in China. It is a joint venture between Allianz Insurance Company, the largest insurance group in the world, and China CITIC Trust and Investment Co., Ltd., with a registered capital of 2 billion yuan.
Now it has set up 10 provincial branches in Shanghai, Guangdong, Zhejiang, Sichuan, Jiangsu and other cities, and has launched business in nearly 40 cities to provide customers with professional insurance products and services. The company's scale and financial resources are still very strong.