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Is Huahai Insurance a State-owned Enterprise or a Private Enterprise?
Private enterprises. According to the inquiry data, the full name of marine property insurance is Huahai Property Insurance Co., Ltd., which is jointly funded by private enterprises such as Shandong Hua Bin Group and Qingdao Yijia Marine Industry. It is the first insurance company in China featuring marine insurance, which mainly provides protection for accidental injury, medical care and cargo transportation, and can meet the diversified needs of consumers.
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