Is Zijin Insurance Company a formal national company?

Zijin Insurance Company is a formal national company.

1. Legal registration approval: Zijin Insurance is a formal insurance company that has been strictly approved and registered by the national insurance regulatory authorities. In China, any insurance company must go through strict examination and approval procedures, including the examination of registered capital, business scope and management system. Zijin insurance meets these standards, so it can legally carry out insurance business.

2. Strong capital strength: Zijin Insurance's registered capital is as high as 6 billion yuan, far exceeding the minimum registered capital requirements for market access, which reflects the company's strong financial strength and can ensure the stable operation and sustainable development of its business.

Zijin Property Insurance Co., Ltd. was established in May 2009. Headquartered in Jiangsu Province, it is a national property insurance company. Zijin Insurance, as a large state-owned financial enterprise headed by the Provincial Department of Finance, plays an important role in Jiangsu's financial system. Zijin insurance has a wide range of business, including property insurance, accidental injury and health insurance, liability and guarantee insurance and other fields.