Why is Fu Yue of Sino-Italian Life Insurance less than the premium every year?

Sino-Italian Life Insurance Co., Ltd. is a life insurance company jointly funded by ASSICURAZIONIGENERALI and China Petroleum and Natural Gas Corporation (CNPC). Approved by China Insurance Regulatory Commission, it was established in Guangzhou on June 5438+1October 65438+May 2002. The registered capital of the company is1900 million yuan, which is the first Sino-foreign joint venture insurance company approved to be established after China joined the WTO.

In 2009, the application for capital increase of Sino-Italian Life Insurance Co., Ltd. was officially approved by the China Insurance Regulatory Commission. The registered capital of Sino-Italian Life Insurance increased from/kloc-0.9 billion yuan to 2.7 billion yuan, an increase of over 42%.

It is understood that with the rapid growth of business volume and the requirement of statutory solvency for capital, China-Italy Life has completed four capital increases in just seven years. A solid "family background" provides a strong guarantee for the further development of this seven-year-old joint venture insurance company. After this capital increase, Sino-Italian Life Insurance has once again become the most powerful foreign life insurance company, and it is also the only foreign life insurance company with a registered capital of more than 2 billion yuan in China.

Italy Zhongli Insurance Co., Ltd. was established in 183 1 year, and has more than 170 years of insurance management experience. As one of the largest insurance groups in the world, Zhongli Group has more than 65,438+000 insurance and financial entities in more than 50 countries around the world.

China Petroleum and Natural Gas Corporation is a super-large enterprise group in China. It is a state-owned holding company focusing on oil and gas, integrating upstream and downstream of oil and gas, domestic and foreign trade, production and sales, and is one of the largest enterprises in China in terms of sales, total assets and profits.

Shareholder profile:

Italy ASSICURAZIONIGENERALI was founded in 183 1 year, and has more than 170 years of insurance management experience. As one of the largest insurance groups in the world, Zhongli Group has more than 65,438+000 insurance and financial entities in more than 50 countries around the world. At present, Zhongli Group has more than 58,000 employees around the world, and it is a multinational group with a truly international network. In 2004, Zhongli Group's comprehensive premium income reached 56.3 billion euros, up 65,438+03.6% year-on-year. In 2005, Zhongli Group realized consolidated premium income of 62.8 billion euros and consolidated profits of 1, 91.80 billion euros, up by 1% and 15.2% respectively. In Fortune magazine's latest ranking of the top 500 enterprises in the world in 2006, its operating income ranked as 2 1. The second largest market of Zhongli Group is Latin America, and the premium income has increased steadily. After entering the 1990s, the Asian economy rose rapidly, and Zhongli Insurance began to enter Asia, setting up subsidiaries or joint ventures in Hongkong, Japan, the Philippines and Thailand, and setting up joint ventures in China, which is an important part of its Asian strategy. It is worth mentioning that Zhongli Group has provided reinsurance service for China Long March rocket for 10 years.

China Petroleum and Natural Gas Corporation is a super-large enterprise group in China. It is a state-owned holding company focusing on oil and gas, integrating upstream and downstream oil and gas, domestic and foreign trade, production and sales. It is one of the enterprises with the largest sales, total assets and profits in China. In 2004, China Petroleum Group reached another record high, with sales revenue of 560 billion yuan and total profit exceeding 1 1000 billion yuan, up by 17.8% and 50% respectively, and maintained a leading position in economic scale, strength and efficiency. In 2005, the performance of China Petroleum Group increased significantly, with sales revenue of 672 billion yuan and total profit of 654.38+0756 billion yuan, up by 65.438+07.8% and 36.3% respectively over the previous year, and its comprehensive strength improved significantly. In the latest ranking of the world's top 500 published by Fortune magazine in 2006, its operating income ranked 39th. At present, China Petroleum and Natural Gas Group has nearly 30 oil and gas exploration, development, production and construction projects in the Middle East, North Africa, Central Asia, Russia and South America. Its international operation is far ahead in China, and it is entering a stage of rapid development, striding forward to a multinational enterprise group with international competitiveness. In addition, China Petroleum Group has become a partner of Beijing 2008 Olympic Games.

Sino-Italian Life Insurance Co., Ltd. is a life insurance company jointly funded by ASSICURAZIONIGENERALI and China Petroleum and Natural Gas Corporation (CNPC). Approved by China Insurance Regulatory Commission, it was established in Guangzhou on June 5438+1October 65438+May 2002. The registered capital of the company (the measure of solvency) is1900 million yuan, which is the first company established after China joined the WTO. Paid-in premium (an indicator to measure business ability) is more than 20 billion, ranking first among 49 foreign-funded insurance companies in China.

Italy Zhongli group

Italian Zhongli Insurance Co., Ltd. was established in 183 1 year (there was no modern enterprise in China at that time), and it has more than 170 years of insurance management experience. As one of the largest insurance groups in the world, Zhongli Group has 365,438+05 subsidiaries worldwide, including 65,438+065,438+03 insurance companies and 65,438+026 finance and real estate companies. Currently ranked 30th in Fortune 500 magazine in 2007.

In the course of 175, Zhongli Group has served eight generations in the world, and many aristocratic families in Europe have been loyal customers of Zhongli Group since their grandfathers. Enjoy the meticulous care, financial management and security services of Zhongli Group.

Kyle Lion, the symbol of Zhongli Group, is also the symbol of Venice, an Italian water city. 80% of the property in Venice is owned by Zhongli Group. At the same time, Zhongli Group is also a major shareholder of famous Italian football clubs AC Milan, Inter Milan and Juventus, and also a major shareholder of Ferrari. For 10 years in a row, he worked as a reinsurance company in China's "Long March" rocket series.

China National Petroleum Corporation

China Petroleum and Natural Gas Group Corporation is a leading global comprehensive energy company integrating upstream and downstream business of oil and natural gas, technical service of oil and gas field engineering, and manufacturing and supply of petroleum materials and equipment. It is the largest enterprise in sales, total assets and profits in China, the largest listed company in Asia and the most profitable company in Asia. Currently ranked 24th in Fortune 500 magazine in 2007.

In China, state-owned enterprises account for half of the national economy. In 2005, the total profit of state-owned enterprises was more than 250 billion yuan, of which PetroChina accounted for more than half, reaching more than 654.38+030 billion yuan.

Company souvenir:

Company memorabilia in 2005

On June+10, 5438, the company launched group insurance products such as group term life insurance, group accident insurance and group comprehensive medical insurance.

On April 29th, the company launched Recreation Bank whole life insurance.

19 July, under the guidance and promotion of Guangdong Insurance Regulatory Bureau, led by Guangdong Insurance Industry Association, Sino-Italian Life and five insurance companies in Guangdong * * *19 negotiated and formulated the service standards of Guangdong life insurance industry, and signed the service commitment letter of Guangdong life insurance industry.

On September 2 1 day, the company launched the 10 installment payment model in the bank's concurrent agency channel.

1 0 June1day, Italy Life launched a new LOGO.

10 2 1 As a service innovation, the company launched a financial service station in Jiazheng Square, one of the commercial centers in Guangzhou, in 2005 to provide convenient, fast and professional financial services to the public, as well as on-site consulting services such as insurance, underwriting, policy change and claim settlement.

65438+1On October 25th, China Insurance Regulatory Commission approved the opening of Sino-Italian Life Insurance Shanghai Branch with the document "Insurance Regulatory License [2005] No.929".

165438+1On October 28th, China Insurance Regulatory Commission approved the opening of Sino-Italian Life Insurance Guangdong Branch with the document "Insurance Regulatory Permit [2005] 1040".

65438+February 1 day, the company launched the Sino-Italian auspicious and wishful financial universal insurance in the bank's concurrent agency channel.

On February 2, 65438, the company launched group annuity products, including Sino-Italian Yi 'an group annuity insurance, Sino-Italian Geely group annuity insurance and Sino-Italian Fengli group investment linked insurance.

65438+On February 7th, Shenzhen Insurance Regulatory Bureau approved Sino-Italian Life Insurance to set up Shenzhen Marketing Service Department with the document "Shenbao Fu Jian [2005] 103".

65438+On February 26th, China Insurance Regulatory Commission approved the relocation of the headquarters of Sino-Italian Life Insurance Company from Guangzhou to Beijing with the document "Insurance Regulatory Permit [2005] 1 147".

Company memorabilia in 2004

On February 3rd, China Insurance Regulatory Commission approved China-Italy Life Insurance to set up a branch in Beijing with the document "Insurance Regulatory Permit [2004] 137".

On February 2 1, Sino-Italian Life Insurance Beijing Branch held a trial operation ceremony, attended by shareholders' representatives, board members and management.

On February 26th, China Industrial and Commercial Bank Beijing Branch and China-Italy Life Insurance Beijing Branch signed a comprehensive cooperation agreement at Diaoyutai State Guesthouse.

On March 13- 15, the company participated in a large-scale on-site consultation activity with the theme of "Integrity Rights Protection" sponsored by Guangdong Consumer Council.

On April 1 day, the company launched a new product of bank agency insurance in Beijing, named "Rayleigh" dividend-paying old-age security. This product is carefully designed for people who often take public transport.

On May 12, the company grandly launched the insurance product "Lotte Year" for the elderly and women and the "Don't forget me in this life" comprehensive protection plan for women's health, and held a new product launch and a conference for the completion of the customer service center in the company's newly completed customer service center.

On August 5th, Pan, the company's deputy general manager, presented six reporters from Yangcheng Evening News and Guangzhou Daily who went to Athens to cover the 28th Olympic Games with accidental injury and medical insurance with a total insurance coverage of 500,000 yuan.

On September 13, the company launched the old-age security as a bank agent product.

On September 6th, 5438+5, China Insurance Regulatory Commission approved the company to set up a branch in Foshan City, Guangdong Province with the document "Insurance Regulatory Permit [2004] 1429".

On September 24th, the company launched "Li Chuang" and "Creative" financial investment linked insurance, and introduced professional financial management concepts to carry out financial planning meetings.

In June165438+1October 10, the company launched the comprehensive hospitalization compensation medical insurance of "Happy".

In June165438+1October 19, the company launched the Sino-Italian "wind and rain" old-age security.

On February 2, 65438, China Insurance Regulatory Commission approved the opening of Sino-Italian Life Insurance Foshan Central Branch with the document "Insurance Regulatory Permit [2004] 16 19".

65438+February 65438+June 6, China Insurance Regulatory Commission approved the company to change its business scope with the document "Insurance Regulatory Permit [2004] 1658". Sino-Italian Life Insurance became the first foreign insurance company to obtain a group insurance license.

On February 25th, 65438, the company launched a series of group insurance products, such as Sino-Italian comprehensive inpatient group medical insurance.

On February 30th, 65438, the company launched Sino-Italian "Sunshine" group annuity insurance (dividend-sharing type).

Company memorabilia in 2003

On June 24th, 65438 Company started its banking agency business, and launched three dividend-paying old-age security products, namely Ruifeng, Ruixiang and Ruilin, at Yangcheng Sub-branch of Agricultural Bank of China 10.

On April 7th, China Insurance Regulatory Commission approved (Insurance Regulatory License [2003] No.48) the company's capital increase from RMB 200 million to RMB 500 million, and the shareholding ratio of Chinese and foreign shareholders remained unchanged.

In April, it launched the first part-time agency product of major illness bank in the industry-Sino-Italian Kangrui Critical Illness Insurance.

In June, in order to meet the market demand for products with high coverage and low premium, the company launched a non-dividend guaranteed life insurance-Sino-Italian Xianglexing Company's old-age security.

On August 28th, the company signed an insurance agency contract with Guangdong Zheng Da Agency Co., Ltd., which opened up an agency marketing channel for specialized insurance companies. For this reason, Italian Leyikang personal accident insurance products were specially designed and put on the market in September.

In September, two non-dividend pension products, the Sino-Italian Ruyixing Annuity Insurance and the Sino-Italian Xiangyixing Annuity Insurance, were launched, and in June, the Sino-Italian Xiangyixing Annuity Insurance was launched at 5438+ 10.

On September 24th, China Insurance Regulatory Commission approved the establishment of Sino-Italian Life Insurance Beijing Branch (Insurance Supervision Letter [2003] No.795), which became an important milestone for China and Italy to move towards the whole country.

65438+February 65438+February, the company signed a cooperation network agreement with Guangzhou Baiyun Sub-branch of Agricultural Bank of China.

Company memorabilia in 2002

65438+1October 15 China Insurance Regulatory Commission approved the establishment of Sino-Italian Life Insurance Co., Ltd.;

On February 6th, the first personal and children's accidental injury insurance was officially launched, including Italy's "Le Wu You" personal accident insurance and Italy's "Le Grow" children's accidental injury insurance.

On February 26th, Sino-Italian Life Insurance Co., Ltd. officially opened;

On April 9, China and Italy officially launched dividend-paying life insurance products such as Steady Bank, Ankang Bank, Anyuxing Bank and Bianxing Bank.

June 14 officially launched the Sino-Italian "Le Anxin" hospitalization medical insurance;

On September 24th, the second board meeting of the first session of China-Italy Life Insurance was held in Beijing. Decided to increase the registered capital of the company to 500 million yuan in 2003, and planned to set up a branch in Beijing;

65438+10.4, the first overseas summit between China and Italy was held in Bali, Indonesia as scheduled.

165438+1On October 27th, the Sino-Italian "Jinxiu Tour" children's education guarantee plan was officially launched;

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