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On the afternoon of July 20, the ¡°Signing Ceremony for High-Tech Insurance Memorandum ¡±, co-organized by the Ministry of Science and Technology of P.R.C and China Insurance Regulatory Commission (CIRC), was successfully held in Beijing. Mr. Liu Yanhua, the Vice Minister of Science and Technology (S&T), Mr. Zhou Yanli, the Vice President of CIRC and Mr. Yuanli, the assistant of the President of CIRC, were present at the ceremony. .... |
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The year of 2006 was a very special year for the insurance industry of China. In this year, the State Council issued ¡°Guidelines on Reform and Development of Insurance Industry¡±. This epoch-making programmatic document will exert an enormous influence on the insurance industry of China in a long run. It indicates China¡¯s insurance industry enters a new prime of development..... |
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From the incorporation of the Company to the end of 2006, an average annual growth of 25.97% has been achieved for property insurance premium, exceeding the average increase rate of property insurance in the country. In 2006, Huatai achieved an after-tax profit of RMB 167.67 million which represents a ROE of 10.50% and earning per share of RMB 0.1258. The Company¡¯s total assets climbed from RMB 8.1.... |
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Huatai
quickened the pace of making innovations in products, completed
the development of accident injury insurance products and export
product liability insurance products, introduced "shop package" that
was closer to the demand of small and medium-sized customers,
and energetically developed a new generation of investment-oriented
insurance products... |
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Construction & Exchanges |
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In an opening-up posture, Huatai actively
carries out exchanges with foreign companies. It has organized
employees into groups to attend training courses overseas... |
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Culture |
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The Company paid great attention to the corporate culture development, focusing on people, emphasizing on the authority of policies and encouraging an atmosphere of ¡°cooperation, harmony, standardization, innovation, communication, trust, sincerity and tolerance¡± |
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Branches |
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Huatai has subsidiaries in
26 cities across China that provides a network serving
major parts of the country. |
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