Ming An Holdings
Encyclopedia
Ming An Company Limited is an insurance
company in Hong Kong
. It provides general insurance
and reinsurance
in Hong Kong and the People's Republic of China
. It provides motor insurance, property insurance
, employee compensation, marine insurance
, accident insurance and health insurance
.
The company was established in 1949 and headquartered in Hong Kong. Its parent company
and largest shareholder
is China Insurance International Holdings
while its second largest shareholder is Cheung Kong Holdings.
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
company in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. It provides general insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
and reinsurance
Reinsurance
Reinsurance is insurance that is purchased by an insurance company from another insurance company as a means of risk management...
in Hong Kong and the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
. It provides motor insurance, property insurance
Property insurance
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main...
, employee compensation, marine insurance
Marine insurance
Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination....
, accident insurance and health insurance
Health insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is...
.
The company was established in 1949 and headquartered in Hong Kong. Its parent company
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
and largest shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
is China Insurance International Holdings
China Insurance International Holdings
China Taiping Insurance Holdings Company Limited or CTIH , formerly China Insurance International Holdings Company Limited or CIIH, is an insurance conglomerate incorporated and headquartered in Hong Kong. CTIH is publicly listed on The Main Board of The Hong Kong Stock Exchange...
while its second largest shareholder is Cheung Kong Holdings.