The difference between PICC and China life insurance.

China People's Insurance Company and China Life Insurance Company are two different insurance companies, and their differences are reflected in their different backgrounds and subsidiaries. However, the strength of these two insurance companies should not be underestimated, and they are strictly supervised by the CBRC. Don't worry.

Considering that many small partners are interested in these two insurance companies, the following seniors will give you an evaluation and analysis.

Before the official start, we can also look at what we should pay attention to when measuring the strength of insurance companies: what should insurance companies look at?

First, the strength background

China People's Insurance Company: China People's Insurance Company evolved from China People's Insurance Company, and was born and grew together with China. Is the pioneer and founder of the new China insurance industry. It is a central financial enterprise, a comprehensive financial insurance company, a fortune 500 company and one of the largest insurance companies in the world.

China Life Insurance: China Life Insurance Company is a large national financial insurance enterprise. Founded in 1996 with a registered capital of 4.6 billion yuan, it was listed in new york and Hongkong in 2003. The company has been occupying a leading position in the domestic life insurance market, and is known as the "mainstay" of the insurance industry in China.

If you want to know more about China Life, you can click the following link: How about China Life? What products are there?

Second, solvency.

Solvency reflects the insurance company's ability to repay debts, that is, whether the insurance company has enough money to make compensation when making claims. Senior collated the solvency report data of PICC Life Insurance and China Life Insurance, subsidiaries of China PICC, in 2023 1 quarter, as shown in the following figure:

As can be seen from the above table, the solvency of these two insurance companies is up to standard and relatively reliable.

Of course, when we buy insurance, the most important thing is to look at the quality of the insurance products. The quality of insurance products is closely related to consumers, and the quality of products is the decisive factor for us to choose this insurance company.

Sister Xue has also compiled a super comprehensive insurance strategy for everyone to help them buy the right insurance: what kind of insurance is good and how to buy it is cost-effective, and teach you to avoid these pits of insurance.

Hope to adopt

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