Does anyone know about the insurance company Love Life?

Hello, my friend, Love Life is an Internet insurance company. Love Life was established not long ago, and it mainly relies on the company's sales capabilities and product features to attract people's attention. So where does Love Life rank in the insurance company rankings? For detailed information, you can click here: "The 2020 National Ranking of Insurance Companies is Freshly Released!" "one. Basic information of Aixin Life Insurance

The full name of Aixin Life Insurance Co., Ltd. is Aixin Life Insurance Co., Ltd. It was established in Shijingshan District, Beijing in 2017 with a registered capital of 1.7 billion.

1. Business scope:

(1) General insurance, including life insurance and annuity insurance; health insurance; accident insurance; participating insurance; universal insurance;?

(2) Reinsurance business of the above-mentioned businesses;

(3) Insurance fund utilization business permitted by national laws and regulations; 4. Other businesses approved by the China Insurance Regulatory Commission. ?

2. Business areas:

Beijing, Tianjin, Hebei (Shijiazhuang) 2. The shareholder composition of Ai Ai Life

Among them, Shenzhen Tongxin Investment Fund Co., Ltd., Shenzhen Zhongzhou Real Estate Co., Ltd., Shenzhen Xinlitai Pharmaceutical Co., Ltd. and Meida Group Co., Ltd. rank top in terms of shareholding share. Four.

Some of these companies have registered capital as high as 2.9 billion, and the lowest is more than 50 million. The economic vision behind them is relatively strong. three. Love Life Insurance Business Income

Insurance business income can directly reflect the company's product sales. How popular the insurance is depends on whether the income from the insurance business is high or not. In 2018, Aixin Life Insurance Company achieved premium income of 303.4621 million yuan, an increase of nearly 6 times compared with 2017. The overall income situation is not bad.

Among the top five insurance products, Aixin Dividend Endowment Insurance ranks first. Four. Love Life's solvency

The 2018 solvency data released by Love Life this year and the comparison data with 2017 are shown in the figure below. ?

At the end of 2018, Ai Ai Life announced actual capital of approximately 1.244 billion yuan, minimum capital of approximately 103 million yuan, and core and comprehensive solvency surplus of approximately 1.141 billion yuan; the solvency adequacy ratios were both 1,202.68 , the company's overall solvency is sufficient.

Solvency refers to the ability to repay debts, which is specifically reflected in whether an insurance company has sufficient assets to match its liabilities, especially to fulfill its obligation to pay insurance premiums or compensation. Generally, the solvency is required to be no less than 100.

The solvency adequacy ratio in 2018 dropped significantly. The main reason is that the company’s policy business increased significantly in 2018.

However, the company was approved to open in June 2017. During the new establishment period, there were few new orders and insufficient market share. As a result, the solvency adequacy ratio was relatively high in 2017. This is why the newly established insurance company The direct reason for such high solvency.

Source: Dadabao