If you don't know how to understand insurance companies, you can read this article first: What should we look at insurance companies?
1, company strength
Union Life Insurance Co., Ltd. was established in 2005, and has now developed into a national insurance company with 27 provincial branches, more than 600 branches and total assets of nearly 654.38+50 million yuan.
Hezhong Life's investment includes Hezhong Property Insurance, Hezhong Assets, Hezhong Younian, Shi Sheng Hezhong and other companies to provide customers with comprehensive services covering insurance, asset management, pension and other fields.
For more information about this company, Senior Sister collated it in this article: Union Life, what's it like, what products are there, which one is good, in-depth analysis!
2. Solvency
If solvency wants to pass, these three conditions must be met at the same time: the core solvency adequacy ratio is 50% or above; The comprehensive solvency adequacy ratio is above 100%; The comprehensive risk rating is above Grade B..
According to the report of He Zhong Life Insurance Co., Ltd. in the third quarter of 2022, its core solvency adequacy ratio is 69.27%, its comprehensive solvency adequacy ratio is 138.53%, and its latest comprehensive risk rating is C.
Many friends saw the solvency data of Union Life Insurance, and worried that the insurance company would go bankrupt due to poor management in the later period.
If the insurance company really goes bankrupt unfortunately, what impact will it have on our policy? See what experts say: the insurance company is bankrupt, what about the insurance bought?
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