Anbang Insurance Group announced in official website that after the shareholders' meeting, Anbang Insurance Group will apply to China Banking Regulatory Commission for dissolution according to laws and regulations, and set up a liquidation group.
I woke up in the morning and found that my circle of friends "exploded". Some of them are unreliable in diss, some emphasize how their insurance companies are stable, and some even create "panic" ...
So, what does the "dissolution" of Anbang Insurance Group mean? Why "dissolve"? Will the Anbang insurance I bought before be affected?
Let's take a look at its timeline
What does the dissolution of Anbang Insurance Group represent?
First of all, let's learn what an "insurance group" is. According to Article 3 of No.29 Document No.20 20 10/0 of the China Insurance Regulatory Commission, Measures for the Administration of Insurance Group Companies (for Trial Implementation),
Insurance group refers to an enterprise group composed of insurance group companies and companies controlled by them, controlled by them and greatly influenced by them. In this enterprise collection, in addition to the insurance group company, there are two or more subsidiaries that are insurance companies, and insurance business is the main business of the enterprise collection.
Generally speaking, an insurance group will have several "subsidiaries". These subsidiaries are independent legal entities, controlled by the parent company (insurance group company) and operate different types of businesses.
The simple understanding is that Anbang Insurance Group itself does not participate in the business, but its role is to co-ordinate various subsidiaries and let them develop together.
2065438+February 23, 2008 In the two years since the former CIRC took over Anbang Insurance Group, Anbang Insurance Group began to "slim down", divesting various businesses and transferring its subsidiaries.
It is equivalent to the fact that Anbang Insurance Group used to be a general with troops. Now there are no soldiers under his command, which means that this "general" has existed in name only.
This insurance giant with 2 trillion assets officially withdrew from the historical stage.
What about the insurance policy in hand?
Although Anbang Insurance Group was dissolved, we can see in the timeline that Renren Insurance Group was established as early as June 65438+July 2009. Let's see what the CBRC said at that time.
Then for everyone's insurance: take over Anbang's equity, business, assets and liabilities according to law. The new shareholders are very strong, including insurance protection fund, PetroChina and SAIC.
For Anbang Insurance, we will honor the original policy and effectively protect the rights and interests of consumers.
At the same time, Anbang Insurance Group official website also made an announcement.
In other words: our existing insurance policy is still valid and has not been affected, just changed to an insurance company.
Write it at the end
An enterprise may be dissolved when it is established, and an insurance company is also an enterprise. Only at the time of dissolution, in addition to the normal industrial and commercial processes, steps related to bank insurance supervision need to be taken.
And China's "insurance law" article 89 has the relevant provisions:
An insurance company needs to be dissolved due to division or merger, or the shareholders' meeting or the shareholders' general meeting decides to dissolve, or the reasons for dissolution stipulated in the articles of association arise, and it is dissolved after being approved by the the State Council Insurance Regulatory Authority.
It can be seen that the requirements for the establishment and operation of insurance companies in China are very strict. Yesterday, Anbang announced its dissolution, which was actually the last step in this process.
If you have Anbang's insurance policy in your hand, take it in a down-to-earth manner. If you haven't bought it but are considering insurance configuration, you can look at any product, including everyone's.