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Several large insurance companies of the Tomorrow Group that were taken over by the former China Insurance Regulatory Commission in the past years (including Taian Life, Huaxia Life, Taian Property Insurance, and Yian Property Insurance) have all completed risk disposal and smoothly transitioned.
Among them, Evergrande Life, which was suddenly taken over by the newly established Harbour Life Insurance in the middle of the way, has been "gone" by a total of 6 insurance companies for more than a year!
Evergrande Life Insurance has changed to 'Harbour Life'.
China Life has changed to "Ruizhong Life"
Tianan Life Insurance has become "Zhonghui Life Insurance"
Yian Property & Casualty Insurance has changed to "BYD Property & Casualty Insurance"
Tian'an Property Insurance has changed to "Shenneng Property Insurance"
The most surprising insurance company in the middle is undoubtedly Evergrande Life. Last year, subsidiaries of Evergrande Group collapsed one after another, including Evergrande Real Estate, Evergrande Wealth, Evergrande Auto, and so on. It was really a mess! No one could have imagined that the once huge trillion-dollar Evergrande 'empire' could only have one company, Evergrande Life, that could 'end well'! What can be said about this?