Both shareholders of GCL remain among the top 50 on 2014 Fortune Global 500 Companies

On 7th July, Fortune magazine announced the 2014 global 500 companies. Both shareholders of GCL increased their ranks by one place from 2013, remaining firmly within the top 50. China National Petroleum Corporation (hereinafter referred to as CNPC)ranks 4th on the rankings in terms of revenue, and Assicurazioni Generali S.p.A. (hereinafter referred to as Generali) is 48th.


Backed by Generali's experience in insurance business and the strength of CNPC and Generali, GCL has developed into one of the largest joint-venture life insurers in China over the past 12 years since establishment. Now, with a registered capital of RMB 3.7 billion and a total of RMB 40 billion in assets, GCL has set up more than 10 provincial branches and a total of 70 offices spread in Beijing, Shanghai, Guangdong, Jiangsu, Shenzhen, Liaoning, Sichuan, Shaanxi, Shandong, Heilongjiang.


Over the years, GCL sticks to the "customer-oriented" service philosophy and is dedicated to providing all-round, professional and high-quality services for clients, with its sales channels expanding healthily, rapidly and sustainably. Meanwhile, 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. GCL is committed to building itself into a first-class insurance company in China, and is devoted to create maximum value for its clients, shareholders, sales agents, employees and the society. Up to 31th May 2014, GCL achieved premium income RMB 2.98 billion yuan, ranking the third place in all joint-venture insurance companies in China.