According to Article 89 of the Insurance Law, "an insurance company engaged in life insurance business shall not be dissolved except for division or merger". At the same time, "if an insurance company engaged in life insurance business is revoked or declared bankrupt according to law, its life insurance contract and reserve must be transferred to other insurance companies engaged in life insurance business; If the transfer agreement cannot be reached with other insurance companies, it shall be accepted by the insurance company designated by the financial supervision and regulation department to operate life insurance business. "
Extended data
China Insurance Co., Ltd. China Ping An Life Insurance Company of China Insurance Company was established in 2002. It is an important member of China Ping An Insurance (Group) Co., Ltd., and the second largest life insurance company in China in terms of scale premium.
On October 30th, 2018165438+/kloc-0, it was awarded the "Best Life Insurance Company of the Year in 20 18TOP Financial List".
China Ping An Life Insurance Company of China Insurance Company's services specifically include various types of insurance contract content changes, renewal premium collection services, policy loans, insurance claims, claim-free service, and life insurance claims all over the country.
People's Republic of China (PRC) Insurance Law (revised on 20 15)