What are the characteristics of AIA compared with other major domestic insurance companies?

I always feel that AIA has its own characteristics.

Say it one by one.

1. American International Group, the only wholly foreign-owned company in China, sold its shares in AIA in 20 12 and became a Southeast Asian insurance group company registered in Bermuda.

Well, at this point, American friends have become pan-Asian friends.

American International Assurance (Bermuda) Co., Ltd. changed to AIA (International). Different from other insurance companies, each branch is an independent entity, operating independently and accounting independently. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China

Therefore, AIA's life insurance companies in the mainland are also independent accounting and independent product systems.

Someone asked why Hong Kong AIA's products are very competitive, while mainland products are very expensive and can only be sold under the company name.

That's why.

AIA on the mainland is a brother company, with branches in Southeast Asian countries such as Hong Kong and Singapore, and has nothing to do with AIG and the United States.

We often hear about "a hundred years of friendship". How did it come into being?

19191212 Mr. Shi Dai founded AIA, later AIG, in Shanghai. Since then, an Asian life insurance company has been established to insure China people.

After the outbreak of World War II, due to the situation and other reasons, 1942 stopped all business, withdrew from the China market, and moved its headquarters to the United States, thus becoming American AIG. Therefore, the old insurance policy incident (Zhang Jinde incident) was buried, and the insurance policies handed in in the past could not be settled (the insurance was refused and the inheritance relationship with the original friends was not recognized). This can be queried by Baidu.

That is to say, the period from World War II 1942 to 1992 is a blank period, and people who bought insurance in AIA before have no way to claim compensation.

On September 25th, 1992, "AIG returns to its origin", 1992, AIA, a wholly-owned subsidiary of AIG, obtained an insurance license in China. The name is "American International Assurance". Because AIA's largest shareholder at that time was American insurance group AIG, it could be considered as wholly foreign-owned.

However, after the financial crisis in 2008, AIG was on the verge of bankruptcy. In order to pay its debts and survive, it sold its subsidiary AIA.

Although we Baidu searched AIA and found that AIA is a subsidiary of AIG (the information update is lagging behind), it is actually an insurance company registered in Bermuda, with its headquarters in Hong Kong and its branches operating independently.

China AIA is a subsidiary of Southeast Asia AIA Group, with independent registration and independent accounting.

AIA China Branch.

Customer's recognition of AIA

Let's learn about other foreign companies here.

2. The premium scale of the insurance company with the highest profit rate in China ranks 10 in the ranking of foreign insurance companies, but the profit rate is the first.

There are three sources of profit for insurance companies: dead difference, fee difference and spread. These three differences affect the pricing of insurance products, and then affect the profits of insurance companies. I have to say that AIA's profits make many companies feel ashamed.

So, some people think, then I made a profit by buying dividend-paying products.

Too young and naive.

Some people think that buying dividend-paying products is the shareholder of an insurance company?

Dividend-sharing products are divided into 70% of the distributable surplus.

It is the surplus of the difference between the predetermined interest rate of dividend products and the return on investment, and then the corresponding costs are deducted to stabilize the fund, so that the distributable income can be said. So what is distributable surplus? Do you know that?/You know what?

That's out of line Let's talk about this part when we have a chance.

If you want to pay dividends, please buy stocks.

3. The agency system was introduced to China for the first time. Speaking of which, I have to say a legend.

Although Mr. Shi Dai founded AIA, it was actually Greenberg who made it flourish.

It's all Greenberg

By the end of 2004, Greenberg had increased the market value of AIG from $300 million to more than $600 billion.

The reason why he can create a miracle is related to this man's profound understanding of China's politics and economy and his management.

The agency system is a good model.

Give full play to the characteristics of China with many people and great strength, and don't have to raise them like company employees. Once the training is in place, the loyalty is extremely high.

Of course, the crowd tactics in the later period also have many disadvantages. The quality of personnel is uneven, with great mobility and misleading sales prevailing.

I won't go into details about these.

Off-topic:

There is a history of property insurance. I wonder if anyone has heard of it. Anyone who often buys overseas travel insurance or accident insurance knows that it is really a good product. Greenberg became the head of this company in 2005, and it has also developed rapidly. Talents shine everywhere.

Those who are interested in historical tape products can read my evaluation article.

Accompanying insurance: An article studies how to choose overseas travel insurance Allianz/AXA/Times/AIA. 4. Only AIA claims in the world. In other words, if you buy critical illness insurance in China, as a result, other insurance companies can't pay for it when you study abroad or immigrate. Only AIA is a wholly foreign-owned company, which is very humanized and can settle claims for customers.

Global claims, you think people are diagnosed with cancer in the United States, and then the insurance company gives us dollars? Is this a global claim? Pay where you are sick.

Is it warm?

There's nothing better.

What is the truth!

First of all, I would like to thank AIA for causing a dispute over critical illness insurance claims in 2006 (which can be found in Baidu), and indirectly promoting the China insurance industry to launch the Specification for the Use of Critical Illness Insurance Disease Definition (jointly formulated by insurance institute of china and China Medical Doctor Association).

At present, the 25 kinds of critical illness insurance diseases defined in the Standard are unified at this time. Although the insurance company can adjust some details (for example, the compensation for hearing loss in both ears will start at the age of 3, and Alzheimer's disease will be guaranteed until the age of 70). ), as long as it is critical illness insurance, it must include these 25 critical illnesses, and other critical illnesses must be adjusted by the insurance company.

What do you mean?

In other words, if you don't make a claim, first look at whether there are any terms, then see if it meets the claim conditions, and then see how to make a claim.

Then, how to understand the global claim is actually how to deal with the content of the claim.

Health insurance/life insurance: Is it stipulated that you must get sick, be diagnosed and die in China before you can pay? Is there such a geographical restriction?

Don't!

The way to claim compensation is to get the case (pathological report, etc.). ) after diagnosis, and the documents required for claims need to apply to the insurance company for claims.

The global claims referred to by AIA here do not need translation (English cases only, no translation is needed), and you can apply for claims in China. For example, there is no need to translate the English medical records of ICBC AXA, the largest foreign insurance company in China.

What are the rules of other companies? Usually, you only need to take the case to the embassy or consulate for translation and notarization, and get it to China to apply for compensation. The reason for taking this step is to certify whether the hospital is a regular hospital.

In order not to cause misunderstanding, I simply add that the above is just an example.

Some companies require a second diagnosis in China, which should be checked in the regulations of Chinese medicine hospitals. Some companies have no requirements for hospitals, while others have detailed requirements for hospitals (such as public hospitals and hospitals recognized/designated by insurance companies).

For the final explanation, please refer to the specific provisions of each insurance company's products.

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