Allianz China Life is a joint venture life insurance company established by Allianz SE, the German financial services conglomerate, and CITIC Trust. Since its opening in Shanghai on 25 January 1999, it has become the first European joint venture insurer in China.
With a registered capital of two billion Yuan, Allianz China Life is majority-owned by Allianz SE (51%) and CITIC Trust (49%). By combining international risk management from Allianz with local financial expertise from CITIC, the company has built a strong reputation for its customized products, professional training, and reliable service. Their comprehensive offerings in life, retirement, investment, education, health, and accident insurance are distributed through agency teams, banks, and alternative business channels to address a wide range of customer needs.
With thirteen years of presence in China, Allianz China Life has established eight provincial-level branches in Shanghai, Guangdong, Zhejiang, Sichuan, Jiangsu, Shenzhen, Beijing, and Shandong, servicing more than 700,000 customers in nearly 40 cities. The company's focus on localized financial management and international risk expertise has positioned it as a notable player in the Chinese insurance market, representing a compelling investment opportunity for venture capital.
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