20 16 year total premium181500 million yuan, ranking fourth in the market. The total premium at the end of 20 17 was175.3 billion yuan, ranking fifth in the market; In 20 18, the total assets of Huaxia insurance exceeded 500 billion yuan, and the total premium reached 230.6 billion yuan, making it a super-large insurance enterprise. It also took the lead in launching the "secondary compensation for major diseases" in China, which promoted the upgrading of China's critical illness insurance products.
Extended data:
Article 67 of People's Republic of China (PRC) Insurance Law The establishment of an insurance company must be approved by the insurance supervision and administration institution of the State Council. When examining the application for the establishment of an insurance company, the insurance regulatory agency of the State Council shall consider the development of the insurance industry and the need for fair competition.
Article 68 The establishment of an insurance company shall meet the following conditions:
(1) The major shareholders are profitable continuously, have a good reputation, have no record of major violations of laws and regulations in the last three years, and have net assets of not less than 200 million yuan;
(2) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);
(3) Having a registered capital that meets the requirements of this Law;
(4) Having directors, supervisors and senior managers with professional knowledge and business experience;
(5) Having a sound organizational structure and management system;
(6) Having a business place that meets the requirements and other facilities related to business operation;
(seven) other conditions stipulated by laws, administrative regulations and the State Council insurance regulatory agency.
Baidu encyclopedia-Huaxia life insurance co., ltd