China Taiping Insurance Group, operates across mainland China, Hong Kong, Macau, Asia, North America and Europe, has 600,000 employees, 24 subsidiaries and nearly 2,000 business outlets. In 2018, the group achieved AUD $33.6bn worth of total insurance premium and has total assets exceeding AUD $125.8bn and assets under management of AUD $211bn. Founded in Shanghai in 1929, China Taiping is the longest-running Chinese national insurance brand. It has gained international recognition over the years, including being named a Fortune Global 500 company in 2018. Most subsidiaries of China Taiping have been continuously affirmed with A or A+ rating from renowned international rating agencies.