Which is better, Taikang Life Insurance or Sunshine Insurance Group?

Taikang Life Insurance and Sunshine Insurance Group are both insurance companies with deep qualifications and strong overall strength in the domestic insurance market. Among them, Taikang Life Insurance ranked 346th in the Fortune Global 500 in 2022, and Sunshine Insurance Group ranked 109 in the Fortune China 500 in 2023.

Little friends who don't know how to judge the quality of insurance companies may wish to read this article: What should we look at when we look at insurance companies?

Next, I will look at the performance of Taikang Life Insurance and Sunshine Insurance Group from two aspects: strength background and solvency.

1, strength background

Taikang Life Insurance is a subsidiary of Taikang Insurance Group, established in 1996 and headquartered in Beijing. It is a large insurance financial service group covering three core businesses: insurance, asset management and medical treatment. Taikang Life Insurance started business on 20 16 1 1 with a registered capital of 3 billion yuan.

If you want to know what products Taikang Life Insurance has worth buying, you can poke here: Is Taikang Life Insurance reliable? What about these products?

Sunshine Insurance Group was established in June 2007 with a registered capital of about 654.38+00.352 billion yuan. Is a private insurance service group established and developed in China in full accordance with the market-oriented mechanism. In February 2022, Sunshine Insurance was listed on the Hong Kong Stock Exchange.

2. Solvency

Solvency refers to the ability of insurance companies to repay debts. The better the solvency, the higher the insurance company's claim settlement ability.

As can be seen from the above figure, the solvency of Taikang Life Insurance Company and Sunshine Life Insurance Company far exceeds the minimum standards stipulated by the CIRC.

In this article, Senior Sister also compared the two insurance companies from other angles. Interested friends can poke here to find out: Taikang Life Insurance PK Sunshine Life Insurance, which insurance company is better?

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