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China Gas Information

Petrochina approved preparation holding company oil and gas giant woven financial empi

On October 12, reporters from the China insurance regulatory commission website understands, the China insurance regulatory commission official reply by petrochina preparation exclusive property insurance limited liability company, the shareholders in including oil group and the oil shares, the registered capital of 5 billion yuan.
Petrochina exclusive property insurance co., LTD. In the oil group, petrochina shares jointly launch preparation, the registered capital of 5 billion yuan. Plans to be appointed chairman of the board ZhouMingChun, plans to be appointed general manager PanGuoChao. The reporter understands, petrochina group will holding 51%, petrochina shares 49% equity participation. The company's main holding in petroleum system in property damage insurance, liability insurance, short-term health insurance and accident insurance, etc. The chairman of the board for aspiring ZhouMingChun oil shares in financial director.
The established holding company, petrochina said, is due to the oil industry has high risk and professional characteristics, the ordinary commercial insurance can not cover all business areas. To meet the high risk and overseas project risk management requirements, reasonable transfer business risk, to ensure that after be or get out of danger insurance settlement execution effect, etc., and can save the company whole premium expenses.
 

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