浇宛锌嗅933CITIC-Prudential Finance Company Ltd. (CITIC-PRU Life) was established on October 13th, 2000. Jointly invested by China International Trust and Investment Corporation (CITIC Group) and Prudential plc of the United Kingdom, we are the first Sino-British life insurance joint venture in China. Both CITIC Group and Prudential plc hold a 50% stake in the company, with registered capital of RMB 1.82 billion.
CITIC-PRU Life actively listens to customers and develops products and services to meet their savings, protection and investment needs. Our product spectrum covers area like protection, saving, investment, pension, and medical, etc. By July 2008, CITIC-PRU Life employed more than 20,000 staff and agents across 27 cities in China, including key markets in Guangdong, Beijing, Shanghai, Hubei, Shandong, Zhejiang, Jiangsu, Tianjin and Guangxi, providing first class insurance and financial planning service to around 450,000 customers across China.
About our partners
China International Trust and Investment Corporation (CITIC Group)
In support of the Reform and Opening Up policy in China, China International Trust and Investment Corporation (CITIC Group) was established on October 4, 1979 by Vice President Rong Yiren, with the initiative and special approval of China’s paramount leader, Deng Xiaoping.
After nearly 20 years of development, CITIC Group has already become a large-scale international company with holdings in 44 subsidiaries around the world in major global markets. Its principal businesses focus is on financial management and capital investment. Ten of its member companies are either listed at the domestic or at Hong Kong stock exchanges. At Dec 31. 2007, the total assets of CITIC Group reached RMB 1.3217 trillion and with a net profit of 15.97 billion RMB.
Prudential plc (UK)
Established in London in 1848, Prudential plc is an international retail financial services group with significant operations in Asia, the US and the UK. With over 21 million customers worldwide and 160 years of history, Prudential has grown to become a leading provider of insurance, pensions, retail investments, institutional fund management and property investments worldwide.
Prudential Corporation Asia is the leading European-based life insurer in Asia in terms of market coverage and number of top five market positions. The company has life and asset management operations in 13 markets.
Drawing from our more than 80 years of history in Asia, Prudential continues to build quality, multi-channel distribution that delivers customer-centric and profitable products in segments that have the potential for sustained growth, with an increasing emphasis on retirement solutions.