TianPing was officially founded in the year of 2004. In 2014, Tianping welcomed a new phase by entering into a Joint Venture agreement with AXA to become the #1 foreign invested P&C insurer: AXA Tianping
Headquartered in Lujiazui Financial Area in Shanghai with national footprint of 28 branches and 93 sub-branches covering 20 provinces, AXA Tianping has extensive local experience and resources. Its reach has uniquely positioned itself to serve a broad customer base, focusing on high-quality property insurance products and services.
In November 2018, AXA announced its intention to purchase the remaining 50% shares of AXA Tianping and received the CBIRC regulatory approval in August 2019 with the ambition to increase its offer with the addition of holistic health and protection services, providing Chinese customers with a relevant suite of products matching international standards.
While the legal entity AXA Tianping P&C Insurance Co.,Ltd. remains unchanged, the company’s name has been rebranded to “AXA Insurance”