1, China PICC P&C Insurance 2, China Life Insurance 3, China Ping An Insurance 4, China Pacific Insurance.
At the top of the list is China PICC P&C Insurance Company, whose full name is China People's Property Insurance Co., Ltd.-the main business of this insurance company is property insurance. The life insurance market was launched after the insurance reform in 2005. Because the insurance types are not competitive, it has been unable to open the market.
Ranked second is China Renshou, the full name of China Life Insurance Co., Ltd. Now it accounts for 32% of the life insurance market. The main company of China Life comes from the north, and northerners certainly like it.
The third place is China Ping An (full name: China Ping An Insurance (Group) Co., Ltd.). It now accounts for 28.5% of the life insurance market. China Ping An's main company is from Shenzhen in the south, which is of course loved by southerners.
China Ping An Insurance (Group) Co., Ltd. is the first compact, efficient and diversified comprehensive financial service group with insurance as its core and integrating securities, trust, banking, asset management and enterprise annuity.
In recent years, it has made great strides in the financial industry and acquired SDB, paving the way for Ping An Bank to go to the whole country. Ping An Securities, Ping An Futures, Ping An Trust and other companies are entering the top five in the same industry in China.
In 2009, relevant departments pointed out that China Ping An Insurance is the insurance company with the most development potential in China. In the next decade, with the strong support of Ping An Group, China Ping An Insurance will have more than 50% of the life insurance market in China, and the competition in the future life insurance market will be intensified. At present, there are dozens of small insurance companies in China, which will be gradually annexed by large companies.