Yes Official website information shows that Huaan Insurance is a formal insurance company approved by the People's Bank of China. Founded in 1996, with a registered capital of RMB 21000000, its headquarters is in Shenzhen. Huaan Insurance is a professional insurance company formally established on 1996 18 10/8. Headquartered in Shenzhen, it has a registered capital of RMB 21000000, mainly engaged in various types of property insurance, liability insurance, credit guarantee insurance, agricultural insurance and accidental injury insurance.