Allianz China General Insurance is a wholly foreign-funded subsidiary insurance company solely owned by Allianz SE with headquarters located in Guangzhou. It was formerly known as Allianz SE. Allianz Insurance Company Guangzhou Branch is the first subsidiary of Allianz Insurance Group in China to establish property insurance. It was established in 2003. Allianz Insurance provides insurance services such as auto insurance, property insurance, liability insurance, cargo insurance, engineering insurance, and domestic credit insurance, as well as short-term health insurance and accidental injury insurance to corporate and individual customers. At the same time, Allianz P&C also covers large-scale commercial risks nationwide. Over the years, the company's operating performance has continued to grow and it has maintained a good momentum of development.