Is ABC life insurance formal?

Agricultural Bank of China Life Insurance Co., Ltd. is a formal insurance company, which will be subject to the dual supervision of the CBRC and the law to ensure its legal and formal market behavior. Moreover, all insurance products under the Agricultural Bank of China Life Insurance can only be sold after being approved by the China Banking Regulatory Commission. The terms of the product have legal effect, and the legitimate rights and interests of the insured will be protected by law. You can rest assured.

The following seniors will introduce ABC Life Insurance to you. Before starting the analysis, you might as well know what factors are involved in evaluating an insurance company: what should we look at the insurance company?

1, the background of Bao Si

China Agricultural Bank Life Insurance Co., Ltd. (hereinafter referred to as "Agricultural Bank Life Insurance") is a national life insurance company jointly funded by China Agricultural Bank Co., Ltd. and Beijing Zhongguancun Science City Construction Co., Ltd. and registered with the State Administration for Industry and Commerce. Founded in February 2005, the registered capital is 29499 16475 yuan.

Headquartered in Beijing, Agricultural Bank of China Life Insurance has established nearly 400 branches including 23 branches in Beijing, Zhejiang, Liaoning, Shandong and other provinces and cities. Since its establishment, ABC Life has obtained? The most promising insurance company in China? 、? China Insurance Industry Best Customer Service Award? And a series of awards, brand awareness and social reputation have steadily improved.

From this point of view, ABC Life is not only huge in scale, but also has a good brand reputation. If you want to know more about ABC Life, you can read this article: Is ABC Life Reliable? Is the product guarantee of ABC Life Insurance good?

2. Solvency

Solvency is simply the ability of an insurance company to repay its debts, which depends on whether it can pay after the accident. According to the solvency report of Agricultural Bank of China Life Insurance Co., Ltd. in the third quarter of 2022, its core solvency adequacy ratio is 94.74% and its comprehensive solvency adequacy ratio is 65,438+070.74%. The comprehensive risk rating results in the first and second quarters of 2022 are BB.

Compare CBRC and CIRC? The core solvency adequacy ratio is not less than 50%, the comprehensive solvency adequacy ratio is not less than 100%, and the comprehensive risk rating is above Grade B? According to the regulatory requirements, ABC Life's solvency is fully up to standard and has sufficient solvency.

If there are still small partners who are worried that the bankruptcy of an insurance company will affect their policies, you can read this article: What should I do if the insurance company goes bankrupt?

Hope to adopt

The same number on the whole network: Xueba said insurance, welcome to search!