LIG Insurance (China) Co.,Ltd.

Le AI Jin property insurance (China) Co., Ltd

On June 30, 2008, with the approval of China Insurance Regulatory Commission, lig Property Insurance Co., Ltd. of South Korea was approved to establish property insurance Co., Ltd. in China, becoming the first wholly foreign-owned insurance company headquartered in Nanjing, Jiangsu Province. On September 18, 2009, with the approval of China Insurance Regulatory Commission, Korea lig Property Insurance Co., Ltd. was officially approved to open.

Introduction of insurance company

Lig property insurance started from Pan Korea Marine Insurance Co., Ltd. in 1959, and was incorporated into Lok HI group (now LG Group) in 1970. After Lok hi Fire Marine Insurance Co., Ltd. and LG Fire Marine Insurance Co., Ltd., it developed into a professional insurance financial group in 2006, The company changed its name to lig Property Insurance Co., Ltd. and continued to provide exclusive insurance services for LG Group, GS group and LS group. "lig" has two meanings: first, it means the value and greatness of life, that is, "lifeisgreat", which shows that the company is willing to create a better life with its customers and protect their dreams and hopes. In addition, it also means "leading insurance group" which leads the future of insurance finance. The company name "lig" symbolizes a stable, friendly, concise and positive corporate image. The company logo visualizes the "cloud of hope" which is committed to protecting and realizing customers' dreams and hopes. "Cloud of hope" embodies the meaning of "lifeis great", symbolizing the bright future of customers full of hope. The dynamic shape composed of three circles symbolizes the corporate image of bold change and shows the possibility and future of realizing the dreams and hopes of customers, shareholders, business organizations and employees in a flexible and organic form. as a "leading company" that does its best for customers and the society, based on the business philosophy of "growing up with customers with the spirit of challenge and creative mind, and cultivating life with sincerity", the company has established the business value standard to operate. since the establishment of the representative office in China in 1995, the company has established profound and extensive friendship with Chinese and Korean enterprise customers, and will also contribute to the rapid development of Chinese enterprises.
In the first three years of operation, the company will focus on enterprise property insurance, cargo transportation insurance, accident insurance business. On the basis of setting up the headquarters in Nanjing, the company will gradually set up branches in Beijing, Shanghai, Tianjin, Guangdong, Zhejiang, Shandong, Liaoning and other economically developed areas, and the business scope will gradually expand to individual insurance business.

Introduction of lig in Korea

Lig property insurance was founded in 1959, and its name is "Pan Korean maritime". Then it went through the era of Lok hi fire and LG fire, and changed its name to lig property insurance in 2006. In 2009, with the 50th anniversary of the establishment of lig property insurance, lig property insurance has become one of the representative brands in Korean insurance industry. at the beginning of operation, the sales volume was 530 million won and the total assets was 850 million won. In 2008, the sales volume was 4.5 trillion won and the total assets was 7.9 trillion won, making it one of the best companies in Korean property insurance industry. "lig property insurance" means "leading insurance group" leading the future of insurance finance. in 2009, the capital market contract law and insurance law of South Korea were comprehensively revised, and the company also complied with this situation and established lig investment securities company, making necessary preparations for becoming a comprehensive financial investment company. in order to break through the bottleneck of domestic market development in South Korea, lig has set its eyes on China. Beijing Representative Office was established in 1996 and Shanghai Representative Office was established in 2003. Continue to carry out market research and build local network. In June 2008, it was approved by China Insurance Association. After more than one year, it was officially approved in September 2009. in 1996, South Korea launched the first "magiccar" vehicle insurance rapid response service. In the long-term field of the main sales of property insurance market, lig has made continuous innovation and developed various insurance products headed by "lig well being" comprehensive insurance for different ages and classes. In 2008, it was the first time to put the medical additional terms, which can be guaranteed to the age of 100, into the market and be sold together with long-term comprehensive insurance. On January 27, 2009, the 50th anniversary of the establishment of the company, just as the slogan of the company "sailing together for 50 years, hand in hand for 100 years" expresses, lig property insurance will do its best to become an excellent insurance company that makes customers, shareholders, employees and partners trust and satisfaction.

social responsibility

On December 25, 2009, Le AI Jin Property Insurance Co., Ltd. and Nanjing Charity Association held the first charity activity since the company was founded. General manager Li Longwen delivered a speech at the meeting. This activity includes two parts: donation and family visit. Every employee will do their best to help those in need, so that we can learn to be grateful and cherish the good life we already have.

Historical premium scale

Top 10 premium income of insurance companies in 2012: premium income of Le AI Jin property insurance over the years is as follows:

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