Anbang Insurance Group (referred to as “AB Insurance” hereinafter) is a large insurance corporation in China. Its business includes property & casualty insurance, life insurance, health insurance, pension services as well as asset management, financial leasing, banking services, insurance sales, insurance agency and more. The subsidiaries of AB Insurance have set up more than 3000 service branches offering services to more than 10 million clients in over 31 provinces, making AB insurance’s one of most comprehensive insurance networks in the industry. The stakeholders of AB insurance include Shanghai Automobile Corporation and China Petroleum and Chemical Corporation, both of which are World Fortune 500 enterprises. Since establishment, AB Insurance have been growing steadily and its current total assets has exceeded 600 billion RMB.
