The China Insurance Museum is located in the Old Bund in Jiangbei district, Ningbo, East China's Zhejiang province. [Photo/zj.zjol.com]

The China Insurance Museum opened in Ningbo, Zhejiang province on Jan 12. 

Co-established by the municipal government of Ningbo and the Insurance Society of China, it is the nation's first and most authoritative insurance museum.

It has four floors, covering an area of more than 4,000 square meters. Through various exhibits and multimedia introductions, it displays the history of insurance in China and the entire world. 

The museum is not only a platform for exhibitions of and exchanges between different insurance cultures, but is also an educational base for the studying of insurance. 

Ningbo was one of the first cities in China to have developed the insurance industry and has made significant contributions to the development of insurance in China. 

It was approved by the State Council in 2016 to build the nation's first insurance innovation pilot zone.

The opening ceremony of the museum is held on Jan 12. [Photo/zj.zjol.com]