China Taiping Insurance Group

The cross-border business of China Taiping Insurance Group mainly includes the "going global" business of Chinese enterprises, cross-border health insurance, cross-border car insurance, and overseas travel insurance. As of the end of November 2023, China Taiping Insurance Group's cross-border insurance business provides risk protection of approximately RMB 3.3 trillion.

China Taiping Insurance Group has entered the global insurance market through cooperation with international insurance giants or independent investment in setting up overseas subsidiaries. The group implements localized operations in overseas markets, flexibly adjusts products and services according to local laws and regulations and market environment, and actively introduces local elite talents to enhance market competitiveness. In addition, China Taiping actively participates in international insurance standard setting and exchange activities, promoting the opening up of China's insurance industry to the outside world.

China Taiping Insurance Group has successfully broken down barriers between domestic and foreign markets through the development of cross-border business, achieving organic flow of funds, technology, and services. The group actively participates in the implementation of national policies, supports the deepening opening up of the domestic market, and promotes the innovative development of various financial businesses. For example, promoting personalized products such as health insurance and pension insurance, and expanding the coverage of the insurance market; At the same time, China Taiping is actively exploring the application of blockchain technology in cross-border business to improve the transparency and efficiency of financial transactions.