AIA and Huatai Insurance Company are both powerful insurance companies in China, and they are worthy of everyone's trust in terms of company scale and total assets.

But for those who love the products of big companies, they definitely want to know which one is better, or what are the differences between the two companies. So today, Senior Sister will give you a detailed analysis.

If you want to compare with other insurance companies, or want to know the strength of an insurance company, you can refer to the following indicators, which can help you quickly judge whether an insurance company is good or not:

"What should we look at when looking at an insurance company?

I. Introduction of AIA Company

AIA Company is a life insurance group listed on the Hong Kong Stock Exchange. It set up a branch in Shanghai in 1992, and it was also established with the approval of China Banking and Insurance Regulatory Commission. After China implemented the reform and opening-up policy in 1978, it was one of the first non-local insurance institutions approved to engage in personal life insurance business.

After long-term development, AIA's sales scope covers 18 markets in the Asia-Pacific region, including China, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia and Myanmar.

At present, AIA has established AIA Life Insurance Company in China, mainly because it is also a wholly-owned subsidiary of AIA, and it runs all AIA's life insurance business in mainland China.

AIA Life's registered capital is as high as 3.7 billion yuan. In 221, the company's assets totaled more than 22 billion yuan, an increase of more than 2 billion yuan compared with 22, with a year-on-year growth rate of 1.8%. In 221, the total premium income was relatively high, reaching 45.3 billion yuan, and the overall strength was quite good.

In addition, AIA's core solvency adequacy ratio was as high as 233.98% in the first quarter of 222, and its comprehensive solvency adequacy ratio was acceptable, reaching as high as 389.82%. The comprehensive risk rating of the latest issue was excellent, reaching Class A and reaching the solvency eligibility line stipulated by China Banking and Insurance Regulatory Commission.

I have made a detailed analysis on the strength and products of AIA before. Friends who want to know more can click the link below to read the article for free:

How about AIA? Are its products worth buying?

II. Introduction of Huatai Insurance Company

Huatai (Life Insurance) was transformed from Huatai Property Insurance Co., Ltd., which was established in 1996, and was later renamed with the approval of China Banking and Insurance Regulatory Commission.

In 25, Huatai Life Insurance officially opened its business. Headquartered in Beijing, it is a national life insurance company jointly established by powerful financial and insurance groups at home and abroad and famous enterprises. The capital invested by shareholders exceeds 2 billion yuan, and the total registered capital of the company reaches more than 3 billion yuan.

After years of development, Huatai Life Insurance has more than 4 branches and outlets in China, and its sales scope basically covers all parts of the country.

Moreover, the core solvency adequacy ratio of Huatai Life Insurance in the first quarter of 222 was as high as 149%, and the comprehensive solvency adequacy ratio was 179%. The comprehensive risk rating of the latest issue was excellent, reaching Class A and meeting the standards set by China Banking and Insurance Regulatory Commission.

If you want to know more about Huatai Insurance, you can read the following evaluation article:

How about Huatai Life Insurance Company? Is the product worth buying?

Third, AIA VS Huatai Insurance, who is better?

1. Company background

From the perspective of company background, the strengths of the two insurance companies are outstanding, and there is basically no big difference between the total assets and the domestic premium income, which is very reliable.

2. Solvency

The solvency of AIA and Huatai Insurance are up to standard. In contrast, AIA has a better solvency adequacy ratio than Huatai Insurance.

solvency, in other words, is the ability of insurance companies to claim insurance benefits.

under the supervision of China Banking and Insurance Regulatory Commission, insurance companies are given a system: the core solvency adequacy ratio is not less than 5%, the comprehensive solvency adequacy ratio is not less than 1%, and the comprehensive risk rating needs to be Class B or above. For these three indicators, they need to meet the standards at the same time to be qualified.

3. Advantage insurance

For AIA, products that focus on financial management are very high, such as annuity insurance and pension insurance.

Specific products include Friends Future Annuity Insurance 222, Zenglibao Glory Edition Universal, Free Future Annuity Insurance, Chuangying Jinsheng Annuity Insurance 221 and so on.

The main types of insurance of Huatai Insurance are health insurance, such as critical illness insurance, medical insurance and some specific diseases insurance. The specific products include G-type personal serious illness insurance, leukemia insurance, outpatient and emergency insurance for healthy babies and children, hospitalization insurance and so on.

To sum up, AIA and Huatai Insurance are both reliable companies with certain strength, but the advantages and disadvantages of their products are different. You can look at their products before making a choice.

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