Tianan Life Insurance Co., Ltd. (hereinafter referred to as "Tianan Life") was established in November 2000, with its headquarters in Beijing, the capital of China. It has always adhered to the principle of "customer first" and is committed to providing customers with high-quality comprehensive life insurance services. In recent years, under the new era background, Tianan Life has consciously practiced the concept of "insurance industry focusing on insurance," deeply understood and served the diverse insurance and protection needs of the general public, achieving sustained and healthy development. The operational strength has been steadily improving. With "speed, value, and technology" as the development themes, Tianan Life firmly implements the guidelines of "benefit-oriented development, value multiplication, structural optimization, and compliant operations," and maintains stable operations with continuous improvement in various operational indicators. As of the end of 2017, Tianan Life's registered capital reached 14.5 billion yuan, demonstrating strong and stable capital strength; total assets approached 150 billion yuan, a year-on-year increase of 47%, making it a platform of over a hundred billion in scale; total premium income exceeded 78.6 billion yuan, rising year after year; original insurance premiums exceeded 48.1 billion yuan, a year-on-year increase of 44%. The value-oriented business is growing robustly. All channels of Tianan Life continuously optimize their business structures, vigorously develop long-term, value-oriented, and periodic premium businesses, presenting a promising scenario of strong growth in value business. As of the end of 2017, Tianan Life's bancassurance periodic premiums exceeded 10.1 billion yuan, among which long-term periodic premiums exceeded 2.1 billion yuan; individual insurance standard premiums (including intermediaries) exceeded 6.3 billion yuan, a year-on-year increase of 184%; corporate short-term insurance approached 600 million yuan, a year-on-year increase of 245%, achieving profitability for three consecutive years.
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