At present, there are 240 formal insurance institutions registered with the CBRC. There are many insurance companies, but what are the good ones? I often ask which insurance company is the best, mainly because I want to know which insurance company in China has the most strength to lose money. Want to answer this question, speak directly with data, this ranking can be collected >> latest list! Top Ten Insurance Companies in China
In addition, I want to know whether this insurance company is good enough, whether it can become the industry leader, and whether the premium income is high or not. 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. The following table is compiled by me according to official data:
Seeing this, some people may ask, it seems that those insurance companies are in the forefront, and some companies have never disappeared. Is that because they have no strength? Will it close down soon?
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, no matter which insurance company ranks, as long as it 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 you are so unlucky, don't be sad, the country will help, and the insurance you bought before can still be paid! For more information about this situation, please read this article. & gt