INTRODUCTION TO GCL
Generali China Life Insurance Co., Ltd. (hereinafter referred to as “GCL”), founded in 2002 as a joint-venture between China National Petroleum Corporation (CNPC) and Assicurazioni Generali S.p.A. (Generali Group), was the first Sino-foreign joint-ventured insurer approved by the Chinese Government after China's accession to the World Trade Organization (WTO). In September 2016, the Chinese shareholder, CNPC, transferred 50% of its equity interest in GCL to CNPC Capital Company Limited (CNPC Capital) without compensation. Currently, the registered capital of GCL is RMB 3.7 billion and its total assets exceed RMB 100 billion.
THE GENERALI GROUP was established in 1831, it is present in 50 countries in the world, with the gross written premiums of € 81.5 billion in 2022, ranked 72nd in terms of revenue among 2022 Fortune Global 500 companies. With more than 75,000 employees serving 67 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalized solutions, best-in-class customer experience and its digitalized global distribution capabilities.
CNPC Capital was listed on the main board of Shenzhen Stock Exchange (SZSE) on February 10, 2017. CNPC Capital specializes in financial business management, and serves as CNPC’s platform for financial business integration, financial equity investment, financial asset supervision, and financial risk control. Based on the resources of the energy, petroleum and petrochemical industry chain, CNPC Capital operates banking, finance companies, financial leasing, trust, insurance, insurance brokerage, securities, credit enhancement, equity investment, digital intelligence and other businesses, and is a listed company providing comprehensive financial services with relatively complete financial licenses in the A-share market. CNPC Capital's stocks have been included in the SZSE 100 Index sample stocks and the underlying stocks of the Shenzhen-Hong Kong Stock Connect.
Headquartered in Beijing, at present GCL has 15 branches in Beijing, Shanghai, Guangdong, Jiangsu, Shenzhen, Liaoning, Sichuan, Shaanxi, Shandong, Heilongjiang , Hubei, Henan, Zhejiang, Fujian , Chongqing province，holding an asset management company.
Leveraging internationally advanced insurance knowledge and experience and targeted at the Chinese market, GCL provides diverse tailor-made insurance products that meet different needs of the clients.,including life insurance, accident insurance, health insurance, investment-oriented insurance and employee benefits program. These products provide wide protections and all-round benefits with flexible premium options and free combinations, which have generated strong characteristics and innovative advantages.
GCL sticks to the "customer-oriented" service philosophy and is dedicated to providing all-round ,professional and high-quality services for clients.The quality and efficiency of claim service of GCL has long been leading the insurance industry. Meanwhile, GCL advocates differentiated services and keeps making innovation on service contents. It has developed new types of services as global emergency assistance and direct-billing medical service, which enables customers to enjoy privileged and superior customer attention .
Backed by Generali’s experience in insurance business and the strength of CNPC and Generali, GCL is committed to building itseif into a first-class insurance company in China. Based on its business philosophy of"honesty,customer-first,professionalism and innovation”,stick to the principle of”self-discipline, enterprising, keep learning”,GCL is devoted to create maximum value for its clients, shareholders, sales agents,employees and the society.