12.05.2011, 17:54
Generali China Life Opens Branch in Daqing
OREANDA-NEWS. May 12, 2011. Generali China Life Insurance Company Ltd. Daqing Branch has been approved for establishment by CIRC (China Insurance Regulatory Commission). The organization is now under preparation, reported the press-centre of Generali China Life Insurance Company.
With a strategic geographical position in the core area of the Harbin-Daqing-Qiqihar Industrial Corridor, Daqing is China's largest oil production site and the transportation hub of Heilongjiang Province western area.
Daqing ranks 19th among China’s top 100 cities. In 2010, its GDP reached RMB 290 billion (12% growth), while urban residents’ per capita disposable income reached RMB 20,000 (10.1% growth). In the current five years’ plan, in order to diversify its economy, Daqing is planning to keep a long term sustainable development in oil production as well as achieving the economic transition to raise its non-oil related economic activities up to 60%.
Daqing Branch will be the 10th branch of GCL. The approval for the establishment of Daqing Branch by CIRC represents a further step in GCL’s service network in Northeast China.
Generali China Life Insurance Co., Ltd. (GCL) founded in 2002 as a joint-venture between Assicurazioni Generali S.p.A. (Generali) and China National Petroleum Corporation (CNPC). At present, the registered capital of GCL is RMB 2.7 billion and its total assets are nearly RMB 40 billion, making GCL the largest joint-venture life insurer in China. Headquartered in Beijing, at present GCL has more than 50 subordinate entities in Guangdong province, Beijing, Shanghai, Shenzhen, Jiangsu province, Liaoning province, Sichuan province, Shaanxi province and Shandong province.
With a strategic geographical position in the core area of the Harbin-Daqing-Qiqihar Industrial Corridor, Daqing is China's largest oil production site and the transportation hub of Heilongjiang Province western area.
Daqing ranks 19th among China’s top 100 cities. In 2010, its GDP reached RMB 290 billion (12% growth), while urban residents’ per capita disposable income reached RMB 20,000 (10.1% growth). In the current five years’ plan, in order to diversify its economy, Daqing is planning to keep a long term sustainable development in oil production as well as achieving the economic transition to raise its non-oil related economic activities up to 60%.
Daqing Branch will be the 10th branch of GCL. The approval for the establishment of Daqing Branch by CIRC represents a further step in GCL’s service network in Northeast China.
Generali China Life Insurance Co., Ltd. (GCL) founded in 2002 as a joint-venture between Assicurazioni Generali S.p.A. (Generali) and China National Petroleum Corporation (CNPC). At present, the registered capital of GCL is RMB 2.7 billion and its total assets are nearly RMB 40 billion, making GCL the largest joint-venture life insurer in China. Headquartered in Beijing, at present GCL has more than 50 subordinate entities in Guangdong province, Beijing, Shanghai, Shenzhen, Jiangsu province, Liaoning province, Sichuan province, Shaanxi province and Shandong province.
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