Is Chengtai Insurance Company formal?

The full name of Chengtai Insurance Company is Chengtai Property Insurance Co., Ltd. Chengtai Property Insurance Co., Ltd. is a formal insurance company, which was established on 20 1 1,12,31with the approval of the former China Insurance Regulatory Commission. At the same time, Chengtai Insurance, under the leadership of the Yunnan Provincial Party Committee and the provincial government, authorized the provincial financial office to perform the investor's duties according to law. Established by seven large state-owned enterprises including Yunnan Urban Construction Investment Co., Ltd., Yunnan Metallurgical Group Co., Ltd., Yunnan World Expo Tourism Holding Group Co., Ltd., Kunming Transportation Investment Co., Ltd., Yunnan Industrial Investment Holding Group Co., Ltd., Yuntianhua Group Co., Ltd. and Yunnan Airport Group Co., Ltd., it is the first headquarters.