Anhui ZhongAn Property Insurance Co. established with 4B RMB capital

A new property and casualty insurance company, Anhui ZhongAn Property Insurance Co., Ltd., has been established in Anhui, China, with a registered capital of 4 billion RMB. The company is backed by several prominent state-owned investment groups, including Anhui Guoyuan Financial Holdings Group Co., Ltd., Anhui Provincial State-owned Capital Operation Holding Group Co., Ltd., and Hefei Industrial Investment Holding (Group) Co., Ltd. Its business scope includes general insurance operations. AI

RANK_REASON Establishment of a new insurance company with significant capital from state-backed entities. [lever_c_demoted from significant: ic=1 ai=0.1]

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• Anhui Guoyuan Financial Holdings Group Co., Ltd.
• Anhui Provincial State-owned Capital Operation Holding Group Co., Ltd.
• Anhui ZhongAn Property Insurance Co., Ltd.
• Hefei Industrial Investment Holding (Group) Co., Ltd.
• Wei Shichun

• funding

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