The insurance company in China is very hurt. There are more than 200 life insurance companies+property insurance companies+reinsurance companies, but in fact there is no unified ranking of insurance companies in the insurance industry. Therefore, judging the ranking of insurance companies should actually be viewed from multiple angles, such as premium income ranking, solvency, profit ranking and so on. Let's look at the rankings of insurance companies from these aspects, hoping to help you.
Method 1: From the perspective of premium income ranking.
The premium income of an insurance company can reflect consumers' love and trust in this insurance company from the side. The high premium income of an insurance company means that more people buy the products of this insurance company. The top ten insurance companies with premium income are as follows:
In terms of premium income, the top ten insurance companies are China Life Insurance, China Life Insurance Ping An Life Insurance Company of China, Pacific Life Insurance, Xinhua Life Insurance, Taikang Life Insurance, PICC Life Insurance, Taiping Life Insurance, China Post Life Insurance, Jianxin Life Insurance and Sunshine Life Insurance. Among them, China Life's fault is the first.
Method 2: According to the solvency data,
Solvency is also an important data to consider an insurance company. It is the core index for regulators to effectively supervise insurance institutions. It refers to the ability of insurance companies to repay debts, and it is an index to measure whether insurance companies have enough capital to compensate and pay capital when they encounter risks. However, the solvency is not as high as possible, as long as it meets the requirements of the CBRC.
There are three requirements for solvency compliance, which need to be met at the same time, as follows:
1, and the comprehensive solvency adequacy ratio is not less than100%;
2. The core solvency adequacy ratio is not less than 50%;
3. The comprehensive risk rating is above Grade B..
Among life insurance companies, the top 10 insurance companies are Hua Hui Life Insurance, Xiaokang Life Insurance, AIA Life Insurance, Guo Fu Life Insurance, Long Jun Life Insurance, Sino-British Life Insurance, China Life Insurance and CITIC Prudential.
Life insurance companies whose solvency is not up to standard are: Zhujiang Life Insurance, He Zhong Life Insurance, Bohai Life Insurance, Qianhai Life Insurance, Shanghai Life Insurance and Xintai Life Insurance.
Method 3: From the perspective of profit ranking.
The profitability of insurance companies is also a matter of great concern to consumers. This data can reflect the operating ability and investment ability of insurance companies. From the profit data, the top ten insurance companies are as follows:
The top ten life insurance companies in the profit list are: China Ping An Life Insurance Company of China, China Life Insurance, Pacific Life Insurance, Xinhua Life Insurance, Taikang Life Insurance, PICC Health Insurance and Agricultural Bank of China Life Insurance. In terms of specific profitability:
Note: The above table only includes the net profit of life insurance companies in the first quarter of 2022.
What are the questions about the top ten insurance companies? I hope the above content is helpful to you.