In the ranking of domestic life insurance companies, China Life ranked first in market share and profit, first in compensation reserve adequacy ratio, and fourth and seventh in liquidity and stability respectively. From this point of view, although the company's capital capacity is slightly lower than other insurance companies, its comprehensive capacity still ranks first.
2. China Ping An Life Insurance Company of China Insurance Company Limited.
China Ping An Life Insurance Company of China Insurance Company ranks second in comprehensive competitiveness, mainly in market size, profitability and asset liquidity. In other indicators, its capital capacity is close to the industry average, ranking 10, while its compensation reserve adequacy ratio and operating stability are relatively low, ranking 15. Because of its low growth rate of net assets, the stability of the company is relatively low.
3. China Pacific Life Insurance Company
Pacific Life ranked third in overall market competitiveness. This is mainly due to its strong asset liquidity (No.1), market size (No.3) and high profitability (No.5). However, the company's performance on other indicators is slightly inferior. Among them, the capital capacity ranking 12, the compensation reserve adequacy ratio ranking 13, especially the operational stability, ranked 24th among the 25 life insurance companies we counted. At the same time, its overall stability is relatively low due to the low growth rate of net assets.
4. Taiping Life Insurance Company Limited
Taiping Life ranked fourth in the country in terms of comprehensive competitiveness. Capital capacity and profitability rank second, asset liquidity is high (second), and market size is relatively high (sixth), but operating stability and compensation reserve adequacy ratio are not good, ranking only 19.
5. Taikang Life Insurance Company Limited
The comprehensive competitiveness of Taikang Life Insurance ranks fifth in the industry. This is mainly due to its number one profitability. In addition, the company ranks fourth in terms of market size and capital capacity. However, other indicators such as compensation reserve adequacy ratio (18), asset liquidity (19) and operational stability (18) are relatively backward.
6. Sino Life Insurance Company Limited
Sino-Life ranks sixth in the domestic comprehensive competitiveness, and thanks to its good stability and asset liquidity, it ranks third in the industry in both tests. In addition, the company ranks eighth in market size. Other indicators rank in the middle, slightly higher than the industry average. Among them, the capital capacity ranks 10, the compensation reserve ranks 12, and the profitability ranks 12.
7. new china life insurance co Limited.
As a large national insurance company, Xinhua Life Insurance ranks 8th in comprehensive competitiveness. The advantages of Xinhua Life Insurance lie in its market size (5th), operational stability (8th) and profitability (9th), but its capital capacity (20th), liquidity (17) and compensation reserve (24th) are relatively backward.
8. Pacific Antai Life Insurance Company
Pacific Antai Life Insurance is an insurance company jointly established by China Pacific Insurance Company and American Antai Insurance Group, ranking 9th in comprehensive competitiveness. Outstanding performance lies in its stability (sixth place) and the adequacy ratio of compensation reserve (sixth place); Profitability (No.1 1) and asset liquidity (No.12) performed well, exceeding the average level; However, it is weak in capital capacity (19) and market scale (20th).