Allianz China Life (AZCL) is a joint venture life insurance company formed by Allianz SE, the German financial services conglomerate, and CITIC Trust. The company was the first European joint venture insurer in China, officially open in Shanghai on 25 January 1999. Over the course of its thirteen years in China, Allianz China Life has established eight provincial-level branches in Shanghai, Guangdong, Zhejiang, Sichuan, Jiangsu, Shenzhen, Beijing and Shandong to provide professional insurance products.
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