Not only consumers are concerned about the operation of insurance companies, but also China Banking and Insurance Regulatory Commission is very concerned about them, and has formulated a series of regulatory policies.
Among them, the more intuitive embodiment is the supervision of the solvency of insurance companies. China Banking and Insurance Regulatory Commission requires every insurance company to meet certain standards.
1. The core solvency adequacy ratio shall not be less than 50%.
2. The comprehensive solvency adequacy ratio is not less than 100%.
3. The comprehensive risk rating is not lower than B. ..
Let's take a look at the solvency rankings of major insurance companies as of the third quarter of 2022.
As you can see, the first solvency is an insurance company called National Pension, the second is Hua Hui Life Insurance, and the third is Xiaokang Life Insurance.
But in fact, solvency is an indicator of the solvency of insurance companies, as long as it meets the requirements of the CBRC.
If it is too high, it will waste funds, reduce investment income, and then affect insurance solvency, so insurance companies do not have to pursue high solvency.
At present, the insurance companies in the list have basically reached the standards of the China Banking Regulatory Commission, and are currently operating in good condition.
2. Profit and loss ranking of life insurance companies
Earlier, we said that the solvency ranking can reach the standard. If it is too high, it will easily lead to the transfer of funds and affect the investment income. Speaking of income, let's talk about income correlation.
The profit of insurance companies is also a concern of many consumers. After all, a famous game company took 2.3 billion yuan in cash to invest in financial management a few days ago, and Contemporary Ampere Technology Co., Ltd. took 23 billion yuan in cash to seek a stable investment method.
The table is based on the income statement of the first quarter of 2022. The data comes from the Internet. If you have any questions, please contact Dad.
Judging from the available data, all major insurance companies had profits and losses in the first quarter. After all, affected by the epidemic, everyone is cutting costs, the premium income is reduced, and the return on investment is not high.
However, after all, this is a profit loss in the first quarter, and the wave of epidemic in Shanghai has had the greatest impact in recent months, but now the epidemic has been controlled.
Then we will wait and see how the profit and loss performance of insurance companies will be in the second quarter.
3. Life insurance companies surrender rate ranking
We know that the main purpose of insurance companies is insurance products. By understanding the operating conditions of insurance companies and combining the protection contents of products, we finally decide whether to insure.
Because of this, the surrender rate of insurance companies is still worth looking at. The so-called surrender rate is the proportion of consumers who surrender after insurance.
Of course, the high surrender rate does not mean that the products of this insurance company are unpopular. It may also be that the insured did not do enough homework in the early stage and insured unsuitable products.
Of course, the surrender rate can also be used as a reference for insurance. At the same time, dad also increased the year-on-year growth rate of premiums, mainly to show the growth of insurance companies' premium income this quarter.
Among the top ten insurance companies with surrender rate, only four have negative premium business income, and the premium income of most insurance companies is still growing steadily.
At the same time, there are more people insured, and it is understandable that there are many people who surrender. Don't be too entangled.
The data comes from the internet, and some insurance companies in the table have not updated the data for the time being, so there is no data source. If you have any questions, please contact Dad.