Is the unknown insurance company a small company?

At present, there are more than 200 insurance companies in China, and only a few companies we hear about every day, such as PICC, China Life Insurance, Ping An, Taiping and Taikang, are known to everyone. Because of the role of advertising promotion, these advertising fees will eventually be amortized in the policy, that is, the wool is on the sheep. So are other unknown insurance companies "small companies"?

Obviously, this is not the case. First, the conditions for the establishment of insurance companies are extremely harsh, and they are strongly supervised by the State Council and the China Banking Regulatory Commission. If they are not well managed, the state can take over, so the safety of insurance in the national financial system is the highest.

Secondly, insurance companies have strong capital strength, and the minimum registered capital is two small goals. Usually, the registered capital is more than a dozen small targets, 20% of the capital injection is paid to the state as a deposit, solvency is monitored in real time, and there is a reinsurance mechanism.

There are some unusual insurance companies here.

Changsheng Life Insurance: The registered capital is 265.438+0.67 billion yuan, which is jointly funded by China Great Wall Asset Management (state-owned) and Japanese Life Insurance, and China Great Wall is state-owned.

Sino-British Life Insurance: It was jointly established by British Aviva Group and China COFCO with a registered capital of 2,945.98 million yuan.

Sino-Italian Life Insurance: A joint venture between Italian Zhongli Insurance and China Petroleum with a registered capital of 65.438+0.9 billion yuan. It is also a joint venture company with a state-owned background.

Ying Da Life Insurance: The investment is 4 billion yuan, which is a joint venture between State Grid and Vantone Life Insurance.

Many of us have never heard of the above companies. This is because they undertake more business and less publicity under the group. They are all state-owned companies, but these companies are not so-called "small companies".