Taikang Life Insurance Co., Ltd. Chongqing Branch

Taikang Insurance Group Co., Ltd. (formerly known as Taikang Life Insurance Co., Ltd.) was founded in 1996 and is headquartered in Beijing. It is a large insurance and financial services group covering three core businesses: insurance, asset management, and medical and elderly care. By the end of 2016, its assets under management exceeded RMB 1.08 trillion. Taikang Insurance Group has always adhered to the concepts of "marketization, specialization, standardization, and internationalization," and firmly implements the "big health + internet" strategy. Through 3,900 offline physical networks across the country, online internet platforms, and a team of 600,000 employees and sales agents, relying on the four-in-one business model of "vitality elderly care, high-end medical care, excellent wealth management, and ultimate care," it builds an O2O big health ecosystem and provides comprehensive services in insurance, asset management, and medical and elderly care. It is committed to becoming a leading insurance and financial services group, making insurance more reassuring, more convenient, and more affordable, helping people become healthier, live longer, and be more prosperous, and making Taikang part of people's happy lives. Taikang Insurance Group owns multiple companies including Taikang Life, Taikang Asset, Taikang Pension, Taikang Community, Taikang Health, and Taikang Online. Its business scope comprehensively covers life insurance, internet property insurance, pension insurance, enterprise annuities, asset management, medical and elderly care, health management, commercial real estate, overseas business, and many other fields. Over the past 20 years, the group has served a cumulative total of 185 million customers, paid cumulative claims of RMB 25.8 billion, assumed risks with an insured amount of nearly RMB 50 trillion, and paid cumulative taxes of RMB 28.1 billion. It has been listed among the "China Top 500 Enterprises" for 13 consecutive years. On May 16, 2002, Taikang Life Chongqing Branch was established. After 15 years of professional innovation-driven and steady development, Taikang Life Chongqing Branch has grown into a leading insurance company in the Chongqing market, with cumulative scale premiums of RMB 24.5 billion, cumulative claims payments of more than RMB 147 million, cumulative valid policyholders exceeding 290,000 person-times, and cumulative claims paid to more than 28,000 customer person-times. It has won the title of "Advanced Unit in After-sales Service" for 13 consecutive years. It has 1 Chongqing marketing headquarters, 5 central sub-branches in Wanzhou, Jiangjin, Fuling, Yongchuan, and Qianjiang, as well as 46 institutions at various levels. Through 15 years of growth, Taikang Life Chongqing Branch has firmly grasped every development opportunity and achieved leapfrog development featuring "rapid development without losing stability, and steady operation without lacking innovation." In 15 years, Taikang Life Chongqing Branch has grown from small to large and from weak to strong. At present, it has 4 business series: individual insurance, bancassurance, telemarketing, and insurance agency. Annual premium scale increased from RMB 70.62 million in the initial year of opening to more than RMB 3.4 billion by the end of 2016, an increase of nearly 50 times, with an annual compound growth rate of 243.8%.