Established upon the approval of the State Council and the People’s Bank of China in August 1996, Xinhua Life Insurance Co., Ltd is a nationwide shareholding professional life insurance company, with the business scope including life insurance, health insurance and accident injury insurance. The company successfully lured foreign capital for shares in 2000, realizing capital internationalization. With registered capital of RMB 1.2 billion yuan at present, the company has 18 shareholders, of which 14 ones are domestic shareholders including large-sized State-owned enterprises and shareholding enterprises, and 4 overseas are shareholders, namely, Zurich Insurance Company, International Financial Corporation, Meiji Life Insurance Company, and Netherlands Finance Development Company.Up to the end of 2001, the company has achieved accumulative premium income of RMB 7.681 billion yuan, with insurance proceeds of RMB 2.298 billion yuan. Its market share persistently ranks the fourth on domestic life insurance market. The company has achieved investment yield of RMB 1.25 billion yuan, maintaining to earn profit for consecutive six years. Its total asset has reached RMB 5.67 billion yuan, with the debt of RMB 4.24 billion yuan and the net asset of RMB1.42 billion yuan. Its solvency has far surpassed the lowest standard stipulated by the supervision and administration department.