The company developed and transformed from the People's Insurance Company of China, which coexisted with the Republic of China. The company was founded on October 20, 1949. It is a pioneer and founder of the insurance business in New China, and has witnessed the development of the insurance industry in New China from small to large, from weak to strong. China People's Insurance has always adhered to the corporate mission of “people's insurance to serve the people”, and has given full play to the leading role of financial central enterprises in the industry, serve the real economy, social stability, and people's livelihood and welfare, help prosper and develop China's insurance business, preserve and increase the value of state-owned assets, and promote national economic development and social progress. The company mainly carries out four major businesses, namely the property insurance sector, personal insurance sector, investment sector and technology sector. Corporate honors: The company won the 112th “World Top 500”, the 30th “China Insurance Industry Ark Award”, the “China Insurance Industry Ark Award”, the “Best Insurance Service Innovation Award”, the “Best Event Organization Award”, the “Top 100 Comprehensive Strength” and the “Most Investment Value Award”, the 2023 Ark Award for High Quality Development Insurance Companies, the 2023 Insurance Industry Green Development Ark Award, the 2023 China Financial Institutions Gold Medal List Best Financial Insurance Group Company of the Year, and the “Yan Si Award” Insurance Industry ESG Practice Excellence Award at the 2023 Global Insurance Brand Conference China Excellent IR Best Capital Market Communication Award, Best Credit Coverage Award, “2023 China ESG Gold Responsibility Award” Best Insurance Company Award for Responsible Investment, etc.