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Asia-Pacific Property and Casualty Insurance Co., Ltd. was renamed from Min’an Property andCasualty Insurance Co., Ltd. It has a history of more than 70 years since itsestablishment in Chongqing in 1943. Headquartered in Shenzhen, it is a nationwide comprehensive property and casualty insurance company approved by CIRC engaged in property damage insurance, liability insurance, credit insurance and accident insurance, etc. With nearly 300 different kinds of products, the company provides integrated risk protection for both enterprisesand individuals.

In November 2015, Oceanwide Holdings invested in Min’an Propertyand Casualty Insurance jointly with Macrolink Group, Elion Resources Group and Huiyuan Group upon approval by CIRC, among which Oceanwide Hold ingsacquired 51% shares, becoming the controlling shareholder of Min’an Propertyand Casualty Insurance.

Stickingto the brand value concept of “Concern and guarantee for people’s livelihood”, Asia-Pacific Property and Casualty Insurance has integrated the innovation, optimized the business, provided excellent service for clients, actively fulfilled social responsibilities and created social value during. After over 70 years’development, it has accumulated rich risk management experience, won the trust among clients, realized extensive brand influence, and built a good reputationin the society and the industry. It has established relations with severalworld-famous reinsurance companies such as China Re, Munich Re, Swiss Re and Hannover Re, and effectively guaranteed the clients’ interests with powerful reinsurance support, overseas rescue ability and adequate solvency.

With a complete service system, a nationwide service network (including Hong Kong), and nearly 200 branches, the company provides the universal insurance and compensation, and other insurance value-added services for clients in various regions. Adhering to the client-oriented principle, it satisfies the client demands through innovation in products,services and technology, strengthens data management and new technology application,establishes a comprehensive service platform centered on the e-commerce platform, mobile survey and damage assessment and the self-service claim settlement system, and provides more efficient and considerate insurance service for clients.

Asia-Pacific Property & Casualty InsuranceCo., Ltd. stimulates vigor with reform, drives development with innovation,rebuilds a brand-new image and realizes a historic breakthrough. “Laying asolid foundation in three years and making a great achievement within ten years”,Asia-Pacific Property & Casualty Insurance Co., Ltd. will stand at the newstarting point with a new gesture, stick to innovation, optimize the structureof insurance types, set foot in domestic market, expand the international market based on Hong Kong , createthe domestic and foreign investment platform, and finally build a first-class property & casualty insurance company in China.