Company Brief

Generali China Life Insurance Company Limited is a joint-venture between Assicurazioni Generali S.p.A. (Generali) and China National Petroleum Corporation (CNPC). The company was approved for establishment by China Insurance Regulatory Commission on 15th January 2002. It was the first Sino-foreign joint-venture insurance company approved for operation by the Chinese authorities after China joined the World Trade Organization. The registered capital of the company is RMB1.9 billion.
With the backing of the Generali’s 170 years of insurance experience and both shareholders financial strength,the company’s vision is growing to be a first class insurance company . It is positioned as a “Knowledged Life Insurance Company” with business approaches emphasizing on trust, customer-first, professionalism and innovation. The company’s corporate culture shall be built upon the elements of humanity, technology, life time continuous learning and sustainable growth.
Generali China believes in providing innovative and differentiated services of the highest standard to its customers and is continuously building a service culture among its employees. The company service philosophy is to provide the highest standard of services to both its external customers and among its employees internally.


Shareholders’ Background

Assicurazioni Generali S.p.A

  • Established in 1831, with over 170 years of experiences in the insurance industry.
  • As one of the largest insurers in the world, Generali Group has insurance and financial entities in over 40 countries worldwide.
  • In 2006, the total premiums of Generali Group amounted to 64.5 billion euros, and the consolidated net profit reached 2.4 billion euros, an increase of 25.3% over the previous year.
  • In 2007, the total premiums of Genenrali Group went up to 66.2 billion euros, and the consolidated net profit reached 2.92 billion euros, an increase of 21.2% over the previous year.
  • Generali Group ranked 34th in terms of revenues among 2008 Fortune Global 500 companies.
  • Generali Group had been providing reinsurance services for the Chinese Long March launch vehicle in recent decade.

    China National Petroleum Corporation (CNPC)
  • A world-leading integrated energy corporation with business covering oil and gas upstream and downstream operations, oilfield services, engineering and construction, petroleum material and equipment manufacturing and supply.
  • The sales revenues, total assets and profits of CNPC are always among the highest of the large State-owned enterprises in China. CNPC ranked 7th among the top 50 global petroleum companies. .
  • In 2006, CNPC reached a sales revenue of 868.4 billion yuan and a total profit of 186.6 billion yuan.
  • In 2007, CNPC realized a sales revenue of 1 trillion yuan and a total profit of 191.9 billion yuan.
  • CNPC ranked 25th in terms of revenues among 2008 Fortune Global 500 companies.
  • The official partner of Beijing 2008 Olympic Games.

    Our Corporate Vision:
    To be the first class insurance company in China.

    Our Corporate Positioning
    The company is positioned as a “Knowledge Life Insurance Company”
    ------ We Care For Your Life --------

    Our Business Concept
    Honesty is our core value
    Customer is our esteem
    Professionalism is our foundation
    Innovation is our spirit

    Our Corporate Culture
    Generali China with Humanity
    Generali China with Technology
    Generali China with Innovation
    Generali China with Continuous Learning
    Generali China with Continuous and Sustainable Development

    Our Service Concept: Customer is our esteem

    Our Service Guideline: Passionate, Accurate, Prompt, Honest, Professional

    Our Services:
    · One-Stop Service Center: Convenient and prompt before and after sales services
    · Electronic Services: Online enquiry; Hot Line & SMS Services; Online application/changes/claims
    · Personalized Services: Indemnified emergency assistance services via Europ Assistance; VIP value-added services, 24 hours medical check-up service via “Medifast”, and convenient premium payment via multiple channels.

    Our Products:
    Combining innovative international insurance experience and professional knowledge with the local market requirements to develop products that fit the local market needs.

    Special Product Features Highlights:
    · Diverse coverage selection
    · Innovative features
    · Choice of premium payment options
    · Comprehensive products