Funde Property & Casualty Insurance

Funde Property & Casualty Insurance

Funde Property & Casualty Insurance was established in 2012 in Shenzhen. Zhang Jun serves as chairman and controls the broader Funde group that includes the 81-percent parent Funde Sino Life Insurance. The insurer maintains a commercial real-estate book that includes the Life Insurance Building at 1001 Fuzhong 1st Road and an additional portfolio of Shenzhen properties held for rental income. Reinsurance support comes from China Property & Casualty Reinsurance, Swiss Re and Munich Re. Equity positions reported through the parent include 29.99 percent of China Coal Energy and 29.8 percent of Gemdale Corporation. The firm employs no disclosed headcount figure and lists no additional offices beyond its Shenzhen headquarters and regional China presence. In July 2024 it sponsored the 7.8 National Insurance Publicity Day events in Guangdong. It also maintains membership in the Federation of Afro-Asian Insurers & Reinsurers and the Shenzhen Insurance Association. Ownership of National Trust at 93.44 percent sits with the parent entity, creating a hybrid structure in which the P&C subsidiary contributes underwriting cash flows that support group-level control of trust and listed-company stakes.