Caixin Jixiang Life Insurance Co., Ltd. Hunan Branch

Caixin Jixiang Life Insurance Co., Ltd. was approved for preparatory establishment by the China Insurance Regulatory Commission on July 22, 2011, and approved for opening on September 4, 2012. It was jointly initiated by 9 companies including Hunan Caixin Investment Holding Co., Ltd. and Changsha Xiandao Investment Holding Co., Ltd. It is the first insurance legal entity in Hunan Province and is currently the insurance company headquartered in Hunan Province nationwide. As of the end of December 2021, the company's registered capital was 3.463 billion yuan, and its total assets reached 28.71 billion yuan. The company has established 134 branches at various levels in five provinces including Hunan, Hubei, Anhui, Henan, and Hebei, with a team of 12,000 internal and external staff, accumulating 28.47 million customers, paying a total of 1.114 billion yuan in claims, paying a total of 440 million yuan in taxes, and with an investment scale of 27.89 billion yuan, of which over 11 billion yuan was invested in Hunan. At present, the company has achieved profitability for three consecutive years, has entered a channel of sustained profitability and steady development, and is gradually growing into an important insurance and financial entity in the central region. Company advantages: 1. State-owned enterprise background Caixin Jixiang Life Insurance Co., Ltd. is an influential, powerful, and appealing state-owned enterprise in Hunan Province. Relevant provincial government work meetings and documents have proposed to actively support Caixin Life Insurance in "undertaking and handling provincial policy-oriented insurance business in accordance with the law, broadening the boundaries of business qualifications, and carrying out pilot programs for exclusive commercial pension and supplementary medical insurance under the third pillar in accordance with the law", "applying to undertake policy-oriented insurance, actively building a comprehensive service platform for elderly care and health protection across the province, and developing diversified insurance products". Advantage 2: Local resources Hunan's leading life insurance legal entity, with full institutional coverage in 14 cities and prefectures, can quickly translate Hunan's insurance needs into product design and development, and carry out headquarters-to-headquarters cooperation with various industries in Hunan Province. Advantage 3: Synergy advantages As a core member of Hunan Province's largest financial holding group, it possesses comprehensive financial and synergy advantages, providing all-round financial products and services to local governments, enterprises, and residents through the method of "group army, combined punches".