Guoren Insurance changes to president

Editor|Sun Yue

A few days ago, the market-based recruitment of general manager of National Insurance was finally approved by the Shenzhen Banking Regulatory Bureau, and Deng Ke’s qualification as general manager of National Insurance was approved.

National Insurance Transformation

In August 2021, National Insurance issued an announcement that it planned to recruit a president through market-based methods. On September 18, at the seventh extraordinary meeting of the fourth board of directors of the National Insurance Company, Wang Xinli was removed from his position as general manager and compliance officer of the company, and Deng Ke was appointed as general manager. On November 23, the Shenzhen Banking and Insurance Regulatory Bureau approved.

Public information shows that Deng Ke was born in 1965. He once served as the deputy general manager (in charge) of the Operation Center/Operation Exclusive Service Center of Sunshine Insurance Group, the sales director and head of the sales management department of Sunshine Property Insurance Company, and the deputy general manager (in charge) of the Credit Guarantee Insurance Division. Deputy Secretary of the Party Committee and General Manager of Sunshine Property Insurance Hebei Branch, Secretary of the Party Committee and General Manager of Guangdong Branch of Sunshine Property Insurance.

Ren Insurance was established in 2009, formerly known as Cinda Property & Casualty Insurance. Since its establishment, it has suffered losses for many consecutive years, with a cumulative loss of 1.5 billion yuan as of 2018. Cinda Property & Casualty Insurance's equity is dispersed, and its initial shareholders belong to different industries such as asset management, coal, finance, textiles, and automobiles. In 2012, Cinda Property & Casualty Insurance began to withdraw from shareholders. Cinda Investment and China Economic Information Technology transferred 200 million shares and 110 million shares of Cinda Property and Casualty Insurance to China Cinda Asset Management Company respectively. After the transfer, China Cinda held 510 million shares of Cinda Property & Casualty Insurance, accounting for 51%, and controlled Cinda Property & Casualty Insurance.

At the end of 2012, the registered capital of Cinda Property Insurance increased from 1 billion yuan to 3 billion yuan. As a result, Cinda Property Insurance has added five new shareholders, including Chongqing Liangjiang Group, Taizhou Wanbang Real Estate, and Lianmei Holdings. The Su Suyu family, known as the "richest man in Shantou", was able to enter the insurance field through American United Holdings through this capital increase and share expansion.

At the end of December 2016, the equity of Cinda Property & Casualty Insurance changed again. China Cinda transferred its 1.23 billion equity stake in Cinda Property & Casualty Insurance through the Beijing Financial Assets Exchange, which was eventually acquired by Shenzhen Investment Holding Co., Ltd. (hereinafter referred to as Shenzhen Investment Holdings) through bidding.

In April 2017, Shenzhen Investment Holdings was granted shares in Cinda Property & Casualty Insurance, with a shareholding ratio of 41%, replacing China Cinda as the largest shareholder, while China Cinda’s shareholding ratio dropped to 10% , the third largest shareholder.

In September of the same year, shareholder Liangjiang Financial went public and sold 400 million shares of Cinda P&a (accounting for 13.33% of the total shares); c was listed on the Chongqing Stock Exchange again after failing to go public in 2016. Listed. This time, Lianmei Holdings invested in the acquisition. With the previous 6% equity, Lianmei Holdings’ shareholding ratio increased to 19.33%, becoming Cinda P & ampC.

Following this, in early 2018, Cinda Finance The insurance was renamed "National Property Insurance Co., Ltd." (referred to as National Insurance), and its headquarters moved to Shenzhen, becoming the only state-owned property insurance company in Shenzhen.

As the company changed its name, National Insurance also made a series of personnel changes. In May 2018, Wang Xinli was approved to be the general manager of National Insurance; in November of the same year, Fang Yongbin, the former director of the Guangdong Insurance Regulatory Bureau, became the chairman of China Insurance.

Since then, the National Insurance has implemented a series of reforms and adjustments. In 2019, the reform achieved initial results, and the national insurance turned losses into profits. The annual report shows that in 2019, its premium income was 4.854 billion yuan and net profit was 15.31 million yuan, and its operating conditions have improved. In 2020, National Insurance achieved premium income of 6.226 billion yuan, a year-on-year increase of 28.27%, and net profit of more than 60 million yuan, ranking among the top 20 in the property and casualty insurance market. At the same time, the National Insurance Company has also put forward the goal of sprinting towards the 10 billion club. 2021 is a critical year for the National Insurance Company to sprint towards the goal of exceeding 10 billion in premiums.

In the firs

The Midea Group founded by Su Yu was established in 1997. At that time, it was mainly engaged in heating and other businesses. In 2004, Lianmei Group purchased 55.1 million shares of Shenyang Xinkai for 170.81 million yuan, holding 29% of the shares, becoming the largest shareholder of Shenyang Xinkai. In 2006, Lianmei once again acquired 44 million new shares in Shenyang and became its controlling shareholder holding 52.16% of the shares. In 2008, Shenyang Xinkai changed its name to "Lianmei Holdings".

However, Su’s gaze didn’t stop there.

She led the diversified expansion of Lianmei Group, entering into real estate, finance, brewing, technological innovation and other fields, and established a huge business empire through acquisition and expansion.

Capital also loves liquor, and the Su family is indispensable in the recent booming liquor industry. In 2008, Su Suyu included Anjiu, known as the "two famous historical wines in Guizhou", into his capital layout. Anjiu, which was once popular all over the country, fell into depression and even stopped production due to various reasons. Lianmei Group fully acquired and integrated Anjiu Group and continued to increase investment, investing nearly 150 million yuan. Anjiu Group was able to return to one of the high-end leaders in the industry.

Although they appear on the rich list all year round, the Su Suyu family is extremely low-key. Information shows that Su Suyu is over 70 years old. Most of the family members who appear on the group or its shareholder list are Su Suyu, Su, Su Guanrong, Su Zhuangqiang, and Su Zhuangqi. Among them, Su Guanrong, Su Zhuangqiang, and Su Zhuangqi are the sons of Su Suyu and Su. Related Q&A: How about the agricultural insurance of Guoren Insurance? Can anyone introduce it? Guoren Insurance's agricultural insurance is mainly divided into two types, aquaculture insurance and plantation insurance. There is no other difference except that the insurance subject matter is different. If your family has farmland for planting or raising fish, I think it is still possible. Last year, the orchard contracted by my relative was insured by this agricultural insurance. I heard from his feedback that it was good. If you want to get it, you can ask customer service for more information.