OREANDA-NEWS. February 18, 2011. Recently, the “2010 Golden Cicada Award Ceremony” organized by China Times was held in Beijing. Generali China Life Insurance Co., Ltd. (GCL) for the second time won the big award - “The Best Annual Joint-venture Insurer 2010”, reported the press-centre of Generali China Life.

At the same time, GCL Free Life Annuity Insurance (participating) sold through GCL Agency Channel was awarded “The Financing Endowment Insurance 2010 Closest to the People”.
 
 Founded in 2002, GCL kept growing steadily and solidly in the past 8 years. At present, the registered capital of GCL is 2.7 billion RMB and its total assets are more than 30 billion RMB, making GCL the largest joint-venture life insurer in China. In 2010, GCL kept growing in a healthy, fast, and sustainable way and made great achievements. The total premium income of GCL increased steadily. The business quality was improved substantially. The brand image of GCL was enhanced rapidly.
 
Mr. Renzo Isler, General Manager of GCL, attended the ceremony and accepted the awards on behalf of GCL. He said that “The Best Joint-venture Insurer” award was a rerecognition of the GCL’s position among foreign and joint-venture insurers in China. Backed by Generali’s 180 years of insurance experiences and the strength of CNPC and Generali, GCL aims to make itself a first-class insurer in China and create value for clients, shareholders, agents, employees and society.
  
GCL was the only joint-venture insurer which won two awards at the same time at this ceremony.