Introduction of new Life Insurance China Life Insurance Co., Ltd. was established in August 1996, is an international professional large stock life insurance company, business scope covers all types of life insurance, health insurance and personal accident insurance. In 2000, the company issuing new shares to foreign investors 24.9%, first in the industry to achieve international capital. Shareholders include Loncin Group Co., Ltd., Shanghai Baosteel Group Corporation, Oriental Group Co., Ltd., Shenhua Group Co., Ltd., 12 domestic large enterprises and Zurich Financial Services Group, three internationally renowned financial institutions. The end of September 2004, Xinhua Insurance Holdings Limited by China Insurance Regulatory Commission approved construction. In addition to the "New China Life," the core subsidiaries, the China Insurance Holding Co., Ltd. has been established under the framework also includes the operation of brokers, agents and are under construction or planned in the property insurance companies, asset management companies, health insurance companies, pension insurance companies, subsidiaries, will provide customers more comprehensive, quality risk protection and investment banking services. Currently, the group of companies operating framework has taken shape. In 2005, the company achieved premium income of 21.08 billion yuan, an increase of 12%; market share reached 6.1%, ranking the forefront of the life insurance market. As of the end of 2005, the company's total assets amounted to 60.5 billion yuan, the overall strength continue to improve. At present, Xinhua Life Insurance Company in the country has 34 provincial branches, 166 prefecture-level center branch, 779 Marketing Services, a staff of nearly 14 million people inside and outside the ground. January-March 2006, the company operating the full realization of "good start": premium income of 7.635 billion yuan to achieve, an increase of 67%, leading the industry growth rate; market share of 6.25%, ranking fourth in the domestic life insurance market. Business to maintain a rapid development, the development of the situation becoming more balanced, significantly improve operating efficiency, management indicators improved significantly in the first quarter of this year development of the company's four bright spots. Products "NCI double insurance - to protect life, protect the wealth." Decades of development, gradually covering the NCI individuals, groups, bank agent, health insurance business, product system, a total of hundreds of products in the sales section. Product security responsibilities include pension, health, medical, accident, etc., from infants to the elderly clients of all ages, through personal, banking channels such as insurance agents, insurance products, improve access to Xinhua considerate insurance. British NCI-specific insurance coverage, dividend payment, is to give customers a year end bonus and double bonus protection, the protection of life and health insurance coverage can be achieved at the same time and wealth increase. Services The end of 2005, Xinhua Insurance 450 million individual clients, enterprises, institutions and other institutional clients over 6800. How to take good care of this huge customer base and attract more customers, Xinhua Insurance customer service is the core. After decades of effort, Xinhua Insurance gradually established a standardized and standardized customer service system. Customers can standardize the distribution branch of the National Customer Service Center, the national telephone service and advanced technology centers, Xinhua Insurance Network, get good insurance services. In 2005, Xinhua Insurance launched prepaid insurance premiums, claims the green channel, claims and other easily claim the top ten initiatives to continuously improve the credit system takes good care of our customers. Team After a decade of development, the company gather and train a large number of like-minded, high degree of loyalty, and strong execution, with the Xinhua core cadre of cultural characteristics, the management of cadres more than 6,000 people, nearly 14 million sales force. New Chinese, the company is a strong pillar of development and growth is the lifeblood and soul of the NCI. Culture The establishment of a decade, Xinhua Insurance in the industry to establish a good brand and a mature corporate culture. Development as the top priority of the world, "Ericsson in mind, responsible perfection" of the responsibility view popular. In 2006, Xinhua Insurance corporate culture to promote the theme: "treasure, Thanksgiving, and beyond, honor." Honor ¡ï 2000 Äê 8 months, Kwan Leung, chairman of China's top ten finalists, "People of wealth", appeared in the "hundreds of Chinese economic celebrity." ¡ï 2000 Äê 11 15, Xinhua spiritual capital of the company access to the office and the Beijing Municipal Party Committee Propaganda Department jointly issued the fourth "Best of Capital Spiritual Civilization Construction Award", this is the first honor financial enterprises in Beijing. ¡ï 2002 Äê 8 31, Kwan Leung, chairman won the "outstanding young entrepreneurs in Beijing," the title. ¡ï 2003 Äê 11 months, the company was Peking University, China Center for Insurance and Social Security Research Unit staff member hired CCISSR2004 year. ¡ï 2004 Äê 6 months, the chairman of Kwan Leung won the "World Achievement Award Manager CEO." ¡ï 2004 Äê 10 months, Xinhua Insurance was selected as the fifty "most influence on the world famous enterprises in China," one of the bright Kwan was named chairman of thirty "most influential world leaders of Chinese enterprises" one. ¡ï 2004 Äê 11 months, the assessment of one of the top five brands in the world brand laboratory investigation and evaluation, Xinhua Insurance was "China's insurance industry's most influential brand of the Year Award." ¡ï 2004 Äê 10 months, the company was awarded the Beijing Municipal CPC Committee, "ideological and political work, Beijing, 2004 Excellent unit". ¡ï 2004 Äê -2005, the Xinhua Life Insurance Company for two consecutive years ranked top 500 Chinese enterprises and the "Beijing hundred enterprises" Billboard. ¡ï 2005 Äê 5 months, Xinhua Insurance won the driving force of China's top ten brand culture. ¡ï 2005 Äê 8 months of Economic Reform in China will host the "Third China's reform and cutting-edge" selected activities, Kwan Leung, chairman of been selected as "China's reform and hundreds of cutting-edge character." ¡ï 2005, the company was "the corporate AAA quality credit rating." ¡ï 2005 Äê 8 months, Xinhua Insurance by the World Brand Lab (WORLD BRAND LAB) as the "2005 China's 500 most valuable brands." ¡ï 2005 Äê 10 months, Xinhua Life Insurance Company Limited received U.S. LOMA International Financial Insurance Management Association presented five awards, which is granted by LOMA Insurance Companies Association's highest honor. ¡ï 2005 Äê 11 months, Xinhua Insurance was awarded the "2005 National Excellence Award corporate culture" and "corporate culture of Beijing 2005 Award of Excellence" award as the industry's only insurance companies. ¡ï 2005 Äê 11 months, the 2005 General Assembly granted the world-famous brand of the company "2005 China top ten insurance brand," chairman Leung Kwan won "2005 China top ten most influential entrepreneurs." ¡ï 2005 Äê 11 months, was elected in 2005, Xinhua Insurance Customer Care 80 strong Chinese enterprises. ¡ï 2006 Äê 1 month, "the public image of Chinese enterprises cum Best Public Image Award" was officially unveiled. NCI awarded the "2005 Best Corporate Public Image" award.