Alltrust Insurance Company of China is owned 14.95% by Fairfax. Alltrust provides a full spectrum of primary insurance products and services in China, including property insurance, liability insurance, surety bonds, short-term health insurance, personal accident insurance, accident insurance, motor insurance and reinsurance.
Alltrust is headquartered in Shanghai and was established in September 2004 by a group of large Chinese power conglomerates and industrial investment groups, including five of China’s largest power groups that generate over 45% of the country’s power supply.
Alltrust has been profitable and has over RMB 2.7 billion in capital. The company has a national network across China with 33 provincial branches and more than 200 sub-branches and over 5,000 employees. As of 2015, Alltrust’s annual gross written premium was in excess of RMB 6.8 billion.
Alltrust is led by the Chairman, Mr. Ren Zhoncheng.
Huaneng Union Tower, 2/F
No. 958 Lujiazui Circle Road
ZIP Code: 200120
See www.alltrust.com.cn for more information about Alltrust.