Dajia Life Insurance

Dajia Life Insurance

Dajia Life Insurance was formed in 2010 and became a subsidiary of Dajia Insurance Group after Anbang Insurance Group assets were transferred under regulatory oversight. China Insurance Security Fund Co., Ltd. holds the controlling 98.23 percent interest, with SAIC Motor Corporation Limited and China Petroleum & Chemical Corporation (Sinopec) each holding small strategic stakes. The firm maintains core operations in life, pension, medical, and accident insurance and reinsurance. It also owns eleven U.S. hotels acquired from prior Anbang holdings, including the Waldorf Astoria New York, JW Marriott Essex House, Ritz-Carlton Laguna Niguel, and Four Seasons properties in Washington, D.C., Scottsdale, and Jackson Hole. Geographic reach centers on China for insurance underwriting and the United States for real-estate holdings. No recent operational events from the last twenty-four months appear in public records. The firm lists membership in the Sovereign Wealth Fund Institute and maintains the Sino-Ocean Charity Foundation as a separate philanthropic vehicle. Ownership by the China Insurance Security Fund creates a direct link to Ministry of Finance oversight that distinguishes Dajia from typical commercial insurers.