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The development history of life insurance companies
Taiping Life has a long history and 1929 was established in Shanghai. Taiping Life Insurance in history, with its strong national capital strength, well-known corporate reputation and steady professional management style, vowed that "only life insurance can solve life problems". In the history of modern insurance development in China, Taiping Life became the representative of the national insurance industry with the strongest strength, the largest scale and the largest market share, and wrote a brilliant chapter in the insurance industry in China. After 1956, according to the national policy adjustment, Taiping Life moved to Hong Kong, specializing in overseas business for nearly half a century. 200 1, 1 1 year1October 30th, with the consent of the State Council and the approval of the China Insurance Regulatory Commission, Taiping Life resumed its domestic life insurance business in an all-round way, becoming the sixth national life insurance company and the longest-running Chinese life insurance company in China insurance market. The company is headquartered in Shanghai with a registered capital of 2.33 billion yuan. Since then, a national insurance brand with a history of more than 70 years has returned to its hometown, opened an old shop and embarked on a road of reform and innovation in line with international standards, professional management and market-oriented operation. With China Insurance (Holdings) Co., Ltd., PICC International Holdings Co., Ltd. and Fortis Insurance International Co., Ltd. as shareholders, Taiping Life has developed rapidly since its resumption of business. By the end of 2006, its total assets were nearly 30 billion yuan and its total customers exceeded 4.5 million. It has won wide acclaim from the industry and all walks of life, established the company's core competitive advantage and brand advantage, and become an important strategic support force for China Insurance Group to achieve leapfrog development in the new era. Since the resumption of business for five years, Taiping Life has been adhering to the business philosophy of "integrity management, service first" and taking "adding peace and tranquility to life" as its mission. In business philosophy, growth model, business model and business field, we are brave in innovation and pursue Excellence, and our brand image and corporate reputation have been highly recognized by customers, employees and society. Over the past five years, Taiping Life has established a young, knowledgeable and professional "three high teams" in China life insurance market. Twenty-two branches and more than 300 third-and fourth-level institutions constitute a nationwide life insurance company sales and service network covering economically developed and relatively developed areas in China. Seven branches including XX will be established in 2007, and the national service network will be further improved. Established a national centralized and unified management platform and backup support platform; In the personal insurance, group insurance and bank insurance three sales areas have created excellent performance; The company's management quality and infrastructure work are constantly optimized. From 2003 to 2006, it was awarded BBB+ rating by Fitch, an international authoritative rating agency, for four consecutive years. Fitch believes that the company has good credit quality, sound financial strength and established a good business model. From 2005 to 2006, the operation service system successively obtained the BSI ISO900 1:2000: 2000 quality management system certification, namely, new contract policy service, claim management service, safety service and customer service system, which indicates that the company's operation service level has been in line with international standards. On June 5438+ 10, 2006, Taiping Life was awarded the title of "Top Ten Outstanding Innovative Enterprises in China" at the Innovation and Development Forum of 14 World Productivity Congress, and it was also the only enterprise in China's financial and insurance industry to win this honor. 2006 is the fifth full operating year after Taiping Life resumed business. In that year, the company's total premium income exceeded 65.438+065.438+02 billion yuan, and the newly signed premium income exceeded 65.438+00 billion yuan, which became a platform for large and medium-sized life insurance companies to exceed 10 billion yuan. Among the six major life insurance companies in China, it continues to maintain the first growth rate. In 2006, the company successfully achieved the goal of equalizing profits in the current year under Hong Kong accounting standards, changed the industry rule that "life insurance companies can only make profits after operating for 7-8 years" and created a miracle in the life insurance industry. At the same time, Taiping Life actively expanded its business field and scope, and its comprehensive business model has been at the forefront of the industry. From June 5438 to February 2004, Taiping Pension Insurance Co., Ltd., which was applied by Taiping Life Insurance as the main sponsor, was allowed to start business. In September 2006, Taiping Asset Management Co., Ltd., established by Taiping Life Holdings, officially opened. In the new historical period, the brand of "Taiping Life Insurance" has gained new connotation and extension. 2007 is the first year that Taiping Life implemented the second five-year strategic plan. The company's future development goal is to become the benchmark of life insurance management, process and system in China, to make Taiping Life an international A-class enterprise, to become an excellent brand in China and even the world, and to become the first truly "century-old shop" in China's financial and insurance industry. For more consultation or detailed answers, you can directly visit "Life Sky Insurance Intermediate Station" (), the authoritative professional insurance consulting platform in China (a think tank to solve your insurance problems). Thousands of senior business personnel of insurance companies all over the country have undergone strict examination. Consultation, inquiry and bidding are three perfect ways to help you solve any insurance problem.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.