The China Insurance Regulatory Commission approved Fosun Group to build a medical health insurance company
Recently, Fosun International announced that Fosun United Health Insurance Co., Ltd., initiated by Fosun Group, received an official approval from the China Insurance Regulatory Commission and approved the establishment in Guangzhou with a registered capital of 500 million yuan.
According to the announcement, Fosun United Health Insurance (funding) will actively expand health insurance and health services in the Chinese market, provide quality products to consumers in various fields of medical insurance and disease insurance, and establish a customer-oriented service system. Fosun United Health Insurance (funding) is committed to becoming a professional health insurance and health management financial service institution with international vision with the aim of healthy development, innovation-driven, characteristic management and experience-oriented.
Guo Guangchang, chairman of Fosun Group, said: "The strategy of Fosun Group is to provide systematic solutions to the affluence, health and happiness of the family. The establishment of Fosun United Health Insurance (funding) will become Fosun’s health. An important part of the ecosystem.
In recent years, Fosun's integrated financial genes with insurance as the core are rapidly evolving and growing, which has a profound impact on its overall operation and profitability. Fosun has successively acquired three wholly-owned subsidiaries of Caixa Seguros, the largest insurance company in Portugal. It acquired a 20% stake in Ironshore, a US specialty insurance company, and a wholly-owned acquisition of US labor insurance company MIG. At present, Fosun Insurance's business segments include Yongan Property Insurance, Fosun Prudential Life Insurance, Peak Reinsurance, Fidelidade Group, Ironshore and MIG. Fosun United Health Insurance Co., Ltd., which is under construction, is the seventh company of Fosun's global insurance business. .
It is worth noting that in addition to Fosun, a number of listed companies, including Kangmei Pharmaceutical, Entrepreneurship Software and Neusoft Group, have announced their entry into the health insurance sector since the end of last year. According to the statistics of the China Insurance Regulatory Commission, the scale of China's health insurance premiums in 2015 was only 241 billion yuan, but the growth rate was as high as 51.87%, and the growth rate was much higher than other insurance types.
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