Taiping Pension Insurance Co., Ltd. (abbreviated as "Taiping Pension"), established in 2004, is an important subsidiary under China Taiping that specializes in pension business and employee welfare protection. It is also one of the state-owned professional pension insurance companies in China, with a service network covering the whole country.
Taiping Pension's pension business covers enterprise annuities, occupational annuities, pension security, and asset management services for various enterprises and public institutions. Its employee welfare protection business covers life insurance, accident insurance, supplementary medical insurance, health management, and other services. Currently, Taiping Pension's pension fund management assets exceed 650 billion yuan, and its original premium income in 2021 exceeded 6.7 billion yuan.
Taiping Pension holds the qualifications of legal person trustee, investment manager, and account manager for enterprise annuity funds, as well as the qualification for pension insurance asset management. In the establishment of the national pension and health security system and commercial operation pilots, it has actively participated in the research of relevant policies such as enterprise annuities, occupational annuities, personal tax-advantaged health insurance, and tax-deferred pension insurance, thereby establishing industrial advantages. Taiping Pension provides customers with comprehensive health security, having unique international cooperation advantages in group lifetime critical illness, mid-to-high-end medical care, long-term care insurance products, and global medical security services, which have received wide recognition from all sectors.
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