What is the ranking of Prudential Life Insurance Company in China insurance industry? What is its strength? - ...

Judging from the premium income ranking of 202 1 life insurance companies, Xincheng life insurance company ranks 22nd, which shows its extraordinary strength, not only strong background, but also financial strength. You don't have to worry about getting out of danger after insurance. The insurance company has no money to settle claims.

If you want to know the rankings of other insurance companies, you can look at this article by Senior Sister:

Freshly baked! 202 1 Top Ten Insurance Companies' Premium Income Ranking

Then, the senior will introduce you to Prudential Life Insurance Company! Not much nonsense, just dry goods!

1.? Company background

CITIC Prudential Life Insurance Co., Ltd. (formerly Prudential Life Insurance) was established in 2000, which was jointly initiated by CITIC Group of China and Prudential Group of Britain. At present, Xincheng Life Insurance is headquartered in Beijing with a registered capital of 2.36 billion yuan. By the end of June 2022, the company's total assets reached 209.2 billion yuan.

If you want to know more about the reliability of insurance companies, then this article by Senior Sister can help you:

What should we look at when we look at insurance companies?

2.? solvency

Regulation of China Banking Regulatory Commission on the solvency of insurance companies, core solvency adequacy ratio? 50%, comprehensive solvency adequacy ratio? 100% and comprehensive risk rating? Class b, as long as it meets the above three requirements, is a company with solvency standards.

According to the data of CITIC Prudential in the second quarter of 2022, the company's core solvency adequacy ratio and comprehensive solvency adequacy ratio are 147.47% and 242.04% respectively, and the latest risk rating is AA, which has reached the passing line stipulated by the CBRC. This is a reliable insurance company.

So what should we do if the insurance company we buy insurance products goes bankrupt in the later stage:

The insurance company went bankrupt. What about the insurance I bought?

Hope to adopt

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