Brother Bao talks about insurance and focuses on insurance evaluation! Want to know where Ping An Life Insurance Company ranks in the country? Is Ping An good in China? What insurance is recommended?

Previously, Wang Liqin and Wang Nan were the image spokespersons for Ping An Sports of China. Flying star Liu Xiang serves as Ping An’s public welfare ambassador of China. Since 2019, Ge You and Hai Qing have served as spokespersons for Ping An Insurance of China.

Ping An Insurance has three businesses: life, pension, and property and casualty insurance. Let’s focus on the life insurance business.

1. What is the strength of Ping An Life Insurance Company?

Ping An Life Insurance Company of China Co., Ltd. was established in 2002 and is an important member of Ping An Insurance Company of China. According to authoritative data, Ping An Life’s registered capital reached 33.8 billion yuan at the end of 2017. Ping An Life Insurance Company has a complete system, standardized management and a large organizational scale. It has more than 3,000 business outlets and 1.38 million insurance agents, as well as 42 branches. In Fortune's 2019 ranking of China's top 500 companies, Ping An Insurance Company of China ranked fourth. Let’s look directly at the picture.

China Life, the industry giant, happens to be in the eleventh place. Generally speaking, there is no big gap. Compared with other well-known insurance companies, Ping An's lead is still visible to the naked eye. Such exaggerated economic strength is enough to make us consumers feel at ease.

2. What is Ping An Life’s solvency?

Solvency is the ability of an insurance company to pay us insurance premiums when we need insurance money. Generally speaking, the China Banking and Insurance Regulatory Commission has two important criteria for assessing the solvency of insurance companies. These are It means that the core solvency adequacy ratio must be higher than 50%, and the comprehensive solvency adequacy ratio must be higher than 100%. As shown in the figure, you can see Ping An's solvency and other data.

The core solvency replenishment rate, comprehensive solvency replenishment rate and other data in the table show that it is not difficult to see the strength of Ping An Insurance Company of China.

3. Service Rating

Based on various business processes such as sales, underwriting, and complaints of major insurance companies, the China Banking and Insurance Regulatory Commission made an objective evaluation. ***There are 10 levels in four categories: A, B, C, and D. Ping An has received an A-level rating, ranking very high in the industry.

Four. Having said all that, what products does Ping An Life sell?

Ping An Life mainly sells accident insurance, medical insurance, life insurance, financial savings insurance, critical illness insurance, child insurance, etc.

Let’s look at the picture together.

The more recommended products are all listed above. Due to space issues, if you are interested in learning more, you can read them in my article~