Are China PICC Life Insurance and China Life Insurance the same company?

Answer the main question first: China PICC Life Insurance Company and China Life Insurance Company are not the same insurance company. "China PICC Life Insurance" refers to China People's Life Insurance Company Limited, while "China Life Insurance Company Limited" refers to China Life Insurance Company Limited.

Next, Senior Sister will talk to you about PICC Life Insurance Company and China Life Insurance Company.

Before we start, senior sister will introduce the basic knowledge of insurance to you: super full! Everything you want to know about insurance is here.

1.PICC life insurance company

PICC Life Insurance was established in June 1949 65438+ 10/with a registered capital of 257 1 billion yuan. Headquartered in Beijing, its main business includes life insurance, annuity insurance, health insurance, accident insurance and other insurance businesses.

In terms of company scale, by the end of 20021,PICC Life's total assets reached 540 billion yuan, with 20,000 employees; And 202 1, the net profit is 465438+45 million yuan.

In terms of solvency, PICC Life's core solvency adequacy ratio in the third quarter of 2022 was 127.53%, its comprehensive solvency adequacy ratio was 2 15. 10%, and its latest risk rating was BB.

For more information about PICC Life Insurance, interested friends can poke this article: What is the strength of PICC China? How about this fairy product?

2. China Life

China Life was founded on 1996, headquartered in Beijing, with a registered capital of 28.265 billion yuan. By 20021,China Life's total assets reached 48.9185 million yuan, and its premium income reached 618.327 billion yuan.

Moreover, China Life is excellent in product R&D and innovation ability. In 20021year, newly developed and upgraded products 160, guaranteed products 144, and long-term savings products 16.

In addition, China Life's solvency is also very strong. According to its latest disclosure in official website, China Life's core solvency adequacy ratio in the third quarter of 2022 was 16 1.93%, its comprehensive solvency adequacy ratio was 230.26%, and its latest risk rating was AAA.

See here, want to know more about China life insurance company, don't miss this article:

What about China Life? What products are there? Does it taste good?

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