Is Union Life Insurance Co., Ltd. a state-owned enterprise?

No, Union Life Insurance Co., Ltd. is not a state-owned enterprise, but a private enterprise.

In terms of shareholder structure, Union Insurance is controlled by a number of well-known domestic and foreign enterprises. Among them, Zhongfa Industrial Group and Japan Sun Life Insurance Co., Ltd. are two major shareholders. In addition, Tibet Tianxinjie Technology Co., Ltd. also holds shares in the company.

Union Life Insurance Co., Ltd., referred to as Union Insurance, is an insurance company located in Wuhan, Hubei Province, which was established in 2005. With the approval of China Insurance Regulatory Commission, the Company is allowed to engage in all kinds of life insurance business, including all kinds of statutory insurance.

With the passage of time, United Insurance has developed into a large national insurance company. At present, the scale and influence of the company are very significant in the industry. It has nearly 60,000 employees, both internal and external. The company has a network all over the country, with 27 provincial branches and more than 600 branches. In addition, its total assets are nearly 654.38+05 billion yuan, which shows its strong economic strength.

If you need to know more about He Zhong Life Insurance Co., Ltd., I suggest you go to the enterprise to know-check the enterprise for free.