Hengan Standard Life Insurance Co., Ltd. ranks 49th among insurance companies in China. This company was established by Tianjin TEDA Investment Holding Co., Ltd. and British Standard Life Insurance Co., Ltd. in 2003. In 2023, the income from insurance business exceeded 7 billion yuan, a year-on-year increase of 33%.
In 2023, Hengan Standard Life received AAA rating in the rating of insurance companies, which is the best rating that insurance companies can achieve. This shows that Hengan Standard Life has performed well in terms of capital strength and solvency.