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Does China Taiping Insurance belong to state-owned enterprises or central enterprises?

China Taiping Insurance is both a state-owned enterprise and a central enterprise.

Taiping Insurance Company is the oldest national insurance brand in the history of China and the only financial enterprise in China that manages its headquarters overseas.

Want to know the friends who are interested in the ranking of domestic insurance companies, Dad attaches a ranking here for your reference: "What are the top ten insurance companies in China?" 》。

1. How about Taiping Life? 1.? Basic information of Taiping Life Insurance

Taiping Life Insurance Co., Ltd. is a subsidiary of China Taiping Insurance Group Co., Ltd., headquartered in Shanghai, and one of the large and medium-sized life insurance enterprises in China.

China Taiping Insurance Group Co., Ltd. manages the Hongkong-based China Financial Insurance Group, which has been selected as one of the world's top 500 companies for two consecutive years.

2.? Solvency of Taiping Life Insurance

The solvency of an insurance company refers to the ability of an insurance company to repay its debts, which is embodied in whether the insurance company has enough assets to match its liabilities.

Especially the obligation to pay insurance money or compensation.

Solvency is the premise for insurance companies to survive and achieve sustainable development, and it is also the basic guarantee for safeguarding the interests of the insured.

Taiping Life announced the summary of the solvency report of insurance companies in the first quarter of 2020 in official website, showing that the company's core solvency adequacy ratio in the first quarter of 2020 was 265,438+09%, and its comprehensive solvency adequacy ratio was 222%, which met the standards of the China Banking Regulatory Commission.

In addition, according to the results published by the second-generation supervision information system of China Banking Regulatory Commission, the company was rated as Grade A in the comprehensive risk rating (classified supervision) evaluation in the second and third quarters of 20 19 of China Banking Regulatory Commission.

Generally speaking, the comprehensive strength of Taiping Insurance Company is still relatively strong, but my father reminded that the insurance product premium of general large companies may be more expensive, and the cost performance ratio is average, so friends who want to insure should consider it carefully.

I hope the above information will help you!

Source: Nanba Daily