At present, there are 240 formal insurance institutions registered with the CBRC. There are many insurance companies, but which one is the best? Generally, when you ask an insurance company if it is good, you want to know which one is the most secure and can lose money. To understand this problem, the best thing is to look at the data. This ranking can be collected from the solvency ranking of the most comprehensive insurance companies in 2020.
In addition, judging whether an insurance company is reliable or not, the amount of premium income is also a factor to be considered. You can refer to the premium ranking published by the CBRC, because it is equivalent to an official market share ranking, which will be more objective. I've compiled the rankings into a table. You can have a look:
Some friends may find that those insurance companies seem to be in the forefront, but some insurance companies always have no shares in front of their policies, so are they weak? Is it near bankruptcy?
Actually, you don't have to worry about this. After all, if you want to set up an insurance company in China, you need to have many excellent conditions besides strong economic strength, and the CBRC will conduct strict supervision after its establishment. The main supervision mechanisms are as follows:
Therefore, even if it is always not ranked, as long as it is an insurance company that can be established in China, there is basically no possibility of bankruptcy. Anyway, since the reform and opening up, there have been no cases of insurance companies closing down.
In case this extremely small possibility really happens, I'm afraid it may not happen, and the state will control it to ensure that your insurance contract will not be wasted! For more information about this situation, please read this article. & gt The insurance company went bankrupt. What about the insurance I bought?