Anbang Insurance Group
Financial ServicesChina1001-5000 Employees
Anbang Insurance Group, referred to as AB Insurance, is a large financial services company based in China. It offers a broad range of insurance products and related services, including property and casualty, life, health and pension services, as well as asset management, financial leasing, banking services, and insurance sales and agency activities. The company operates an extensive network through subsidiaries with more than 3,000 service branches serving over 10 million clients across 31 provinces. Its stakeholders include Fortune 500 entities such as Shanghai Automotive Corporation and China Petroleum and Chemical Corporation. The group reports total assets exceeding 600 billion RMB and has engaged in international asset investments, including notable hotel property acquisitions in the United States, such as a 2014 purchase of a Hilton hotel for $1.95 billion.