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Anonymous users2024-02-06Hello! It is the first national property insurance company headquartered in Zhejiang, with a registered capital of RMB 1 billion and registered in Hangzhou, Zhejiang Province.
According to the China Insurance Regulatory Commission's "Bao Jian Fa Gai [2008] No. 1253" document approval, Zheshang Property Insurance Co., Ltd. **** was approved to be established. As the first national property insurance company headquartered in Zhejiang, Zheshang Property Insurance Co., Ltd. was jointly initiated and established by powerful provincial state-owned enterprises such as Zhejiang Commercial Group and Zhejiang Energy Group and well-known private enterprises such as Youngor Group and Chint Group, with a registered capital of RMB 1 billion and registered in Hangzhou, Zhejiang Province.
The establishment of Zheshang Insurance is an important part of the Zhejiang Provincial Party Committee and the provincial government's construction of the layout of the local financial system. Its establishment and development will have a positive and far-reaching impact on Zhejiang's economic and social development. Based in Zhejiang, Zheshang Insurance makes full use of Zhejiang's superior social, economic and cultural environment and resources, and is committed to making the Zhejiang market stronger and bigger, refined and deeper, and on this basis, gradually expanding to the Yangtze River Delta region, coastal and domestic economically developed provinces.
Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"
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Anonymous users2024-02-05Absolutely, but not more than a certain percentage.
The China Insurance Regulatory Commission's Notice on Strengthening and Improving the Supervision of the Proportion of Insurance Funds (Consultation Paper) stipulates that the scale of investment in real estate assets should not exceed 30% of the total assets of insurance companies at the end of the previous quarter.
Seven property insurance companies, including Sunshine Property Insurance, Zhongcheng Insurance, Dazhong Insurance, Zheshang Property Insurance, Tianping Auto Insurance, Guoyuan Agricultural Insurance, and Huaan Insurance, have been involved in real estate development.
In 2012, Sunshine Property Insurance established three new subsidiaries, including Sunshine Voice Insurance Sales, Hainan Sunshine Yixing Development, and Beijing Sunshine Fusion Real Estate. Among them, Hainan Lianghe, Sunshine Yihe, Fabu Sun Zhan, the business nature of the business is real estate construction and operation, with a registered capital of 100 million yuan. The business nature of Beijing Sunshine Fusion Real Estate Tangible Chain Co., Ltd. is real estate, with a registered capital of 100 million yuan.
In addition, Sunshine Insurance Group invested 100 million yuan to establish Hainan Sunshine Xinhai Development Group, which is dedicated to the construction and operation of commercial real estate.
In addition to the above two real estate subsidiaries, Sunshine Property Insurance also owns Sunshine Xinhai Company, which develops high-end office buildings, commercial, high-end hotels, retirement communities, and large-scale commercial complexes of yacht clubs.
Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"
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