There are many ways to rank insurance companies, such as security angle, claim speed, odds, service level, market share, solvency, premium income and net profit. There is no absolute answer. Judging from different indicators, the rankings of insurance companies are also very different. There is no uniform standard in the industry, and we can only understand it from different angles. Today, I will provide you with the ranking of the top ten insurance companies in China and the methods of their operating conditions (premium income and profits).
Identification method: premium income and net profit
1, from the perspective of premium income method:
According to the data of the first quarter of 2022, the top ten insurance companies in China are China Life Insurance, China Life Insurance Ping An Life Insurance Company of China, Pacific Life Insurance, Xinhua Life Insurance, Taikang Life Insurance, PICC Life Insurance, Taiping Life Insurance, China Post Life Insurance, Jianxin Life Insurance and Sunshine Life Insurance.
2. From the perspective of the net profit method:
According to the net profit data of the first half of 2022, the top ten domestic insurance companies are China Ping An Life Insurance Company of China, China Life Insurance, Pacific Life Insurance, Taikang Life Insurance, Xinhua Life Insurance, AIA Life Insurance, PICC Life Insurance, Taiping Life Insurance, Sunshine Life Insurance and Ping An Pension.
In fact, from the perspective of "premium income" and "net profit", the rankings of insurance companies are the same, but the rankings are slightly different, but the net profit version is more-AIA Life Insurance, Ping An Pension, premium income version-China Post Life Insurance and Jianxin Life Insurance are different.
From these two dimensions to distinguish the top ten insurance companies in China, look at insurance companies:
(1) China Life Insurance: Established in 2003, headquartered in Beijing, with a registered capital of 28.2 billion yuan, it is known as the "first brother of life insurance", with 3,334 branches all over the 18th-tier cities, with a high reputation;
(2) China Ping An Life Insurance Company of China Insurance Company: Established in 1998, headquartered in Shenzhen, with a registered capital of 33.8 billion yuan, it is known as the "industry giant" and has 3,300 branches, with a fairly fast settlement speed;
(3) Pacific Life Insurance: Founded in 200 1, headquartered in Shanghai, with a registered capital of 8.42 billion yuan, the third in the industry and 2,800 branches.
(4) Xinhua Life Insurance: Founded in 1996 and headquartered in Beijing, it is one of the top five life insurance companies. The whole system has 1766 branches, and has established an institutional network and diversified sales channels covering almost all provinces, municipalities and autonomous regions in China. Anyone who wants to buy it can buy it;
(5) Taikang Life Insurance: founded in 1996. Taikang Life Insurance, which has always been "safe with the left eye, friends with the right eye and the world with the two eyes", is also an established insurance company with three core businesses: insurance, asset management and medical care.
(6) PICC life insurance: It has a long history. PICC Group was founded in 1949, which coincided with the founding of New China. Its predecessor was China Life Insurance, and later it was separated from PICC P&C Insurance and China Life Insurance. Founded in 2005, with a registered capital of 25.76 billion yuan, it is a central enterprise under the Ministry.
(7) Taiping Life Insurance: Like China Life Insurance and PICC Group, it is also a central enterprise under the ministries and commissions, with the title of "Central Enterprise" on its head. It is one of the seven oldest life insurance companies in China, established in 200 1, headquartered in Shanghai, with a registered capital of 65.438+0.003 billion yuan.
(8) China Post Life Insurance: Looking at the top ten insurance companies in China, many people have never heard of China Post Life Insurance, but when it comes to major shareholders and small partners, it is China Post Group Corporation, which was established in 2009 and headquartered in Beijing with a registered capital of 21500 million yuan.
(9) CCB Life Insurance: The shareholder is China Construction Bank Co., Ltd., with a registered capital of nearly 4.496 billion yuan and its headquarters in Shanghai. Established in 1998.
(10) Sunshine Life Insurance: Established in 2007, headquartered in Shenzhen, with a registered capital of183.42 million yuan, it is also a well-known insurance company in the industry.
From the perspective of net profit, we can distinguish the top ten insurance companies in China, AIA Life Insurance and Ping An Pension.
6th place in net profit: AIA Life-Although there are not many branches of AIA, there are many friends who ask. AIA was founded in 19 19. AIA Limited is a foreign-funded enterprise, only in Shanghai, Guangdong, Shenzhen, Beijing, Jiangsu, Dongguan and Jiangmen. No matter from the service level or complaint ranking, AIA is involved in 866.
Net profit 10: Ping An Pension-an insurance company under Ping An Insurance Group, established in 2004 and headquartered in Shanghai, China, mainly engaged in one-year short-term insurance and card insurance.
The content analysis of the top ten insurance companies in China is here. It can be seen that the ranking of insurance in different dimensions is different. Therefore, consumers still have to look at the product, and the product has legal effect. Compensation will definitely be given. Don't put the cart before the horse. I hope this article will help you understand the significance of the ranking of insurance companies.