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Generali China Life Insurance

Generali China Life Insurance Co., Ltd.

Generali China Life Insurance Co., Ltd. Generali China founded in 2002 as a joint-venture between China National Petroleum Corporation (CNPC) and Assicurazioni Generali S.p.A. (Generali Group), was the first Sino-foreign joint-ventured insurer approved by the Chinese Government after China's accession to the World Trade Organization (WTO). In September 2016, the Chinese shareholder, CNPC, transferred 50% of its equity interest in GCL to CNPC Capital Company Limited (CNPC Capital) without compensation. 

THE GENERALI GROUP was established in 1831, it is present in 50 countries in the world, with a total premium income of ? 75.8 billion in 2021, ranked 72th in terms of revenue among 2022 Fortune Global 500 companies. With more than 75,000 employees serving 67 million customers. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalized solutions, best-in-class customer experience and its digitalized global distribution capabilities. 

CNPC Capital specializes in financial business management, and serves as CNPC’s platform for financial business integration, financial equity investment, financial asset supervision, and financial risk control. Based on the resources of the energy, petroleum and petrochemical industry chain, CNPC Capital operates banking, finance companies, financial leasing, trust, insurance, insurance brokerage, securities, credit enhancement, equity investment, digital intelligence and other businesses, and is a listed company providing comprehensive financial services with relatively complete financial licenses in the A-share market. 

Headquartered in Beijing, at present GCL has 15 branches in Beijing, Shanghai, Guangdong, Jiangsu, Shenzhen, Liaoning, Sichuan, Shaanxi, Shandong, Heilongjiang , Hubei, Henan, Zhejiang, Fujian , Chongqing province,holding an asset management company.

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