Sinosafe Insurance Co., Ltd. (hereinafter referred to as "Sinosafe Insurance") was a professional insurance company formally established on October 18, 1996 with the approval of People's Bank of China. Headquartered in Shenzhen with a registered capital of 2.1 billion yuan, the company mainly operates all kinds of property insurance, liability insurance, credit guarantee insurance, agricultural insurance, accident insurance, short-term health insurance and reinsurance. After more than ten years of development, Sinosafe Insurance has become a national financial institution with high quality assets, vigorous staff and outstanding innovation ability. And HNA Investment holds 7.143% of shares of Sinosafe Insurance.
Giving priority to the national interest and keeping its commitment to social responsibility and customer interests in mind, Sinosafe Insurance follows "Responsibility, Profession, and Endeavor" as its operation principle to advance with its spirit of continuous innovation and professional advantages. When good performance is secured, Sinosafe Insurance also makes positive contributions to the development of Chinese insurance industry, where it wins the trust and support of the public. Up to now, with the approval of China Insurance Regulatory Commission, Sinosafe Insurance has made its presence in 30 provinces, municipalities or autonomous regions covering Beijing, Shanghai, Shenzhen, Guangdong, Hunan, Fujian, Guangxi, Jiangsu, Sichuan, Zhejiang, Dalian, Shandong, Chongqing, Yunnan, Shaanxi, Liaoning, Jiangxi, Shanxi, Tianjin, Anhui, Hubei, Henan, Ningbo, Heilongjiang, Hebei, Guizhou, Jilin, Inner Mongolia, Qingdao and Hainan.
At present, Sinosafe Insurance has seen perfect risk guarantee system and customer service system, and business relations have been established between the company and many internationally renowned professional reinsurance companies such as Munich Reinsurance Company, Hannover Re, Allianz SE and Lloyd's, which have effectively ensured the economic interests of the vast customers of Sinosafe Insurance.