Senior, let's talk about the difference between AIA and Taiping Insurance Company and see which insurance company is stronger. Compare which company's products are more cost-effective?
Many people think that insurance companies are limited by their strength background, and they don't know what other indicators can be used to examine insurance companies. So you can learn the relevant details through this article:
"What should we pay attention to when we pay attention to insurance companies? 》
First of all, the strength of AIA is fully revealed.
1, strength background
In the Asia-Pacific region, AIA has a history of more than 100 years, with total assets worth 340 billion US dollars. AIA set up a branch in Shanghai on 1992, which is the first foreign-funded insurance company approved to operate insurance business in Chinese mainland.
AIA Life Insurance is a wholly-owned life insurance subsidiary of AIA, which manages AIA's life insurance business in Chinese mainland.
AIA Life's registered principal is as high as 3.777399 billion yuan. It has a very broad sales channel, providing customers with life insurance, health insurance, accident insurance and other life insurance businesses.
2. Solvency
What is solvency? Talk to your family first. Solvency is actually the lifeline of insurance companies. If an insurance company wants to be qualified, it must meet these solvency indicators formulated by the China Banking and Insurance Regulatory Commission:
The core solvency adequacy ratio is ≥50%, the comprehensive solvency adequacy ratio is ≥ 100%, and the risk rating is Grade B or above.
What is the solvency of AIA? Senior sister intercepted AIA's solvency report in the third quarter of 2022;
As shown in the figure, AIA's core solvency adequacy ratio is 228.0 1%, its comprehensive solvency adequacy ratio is 379.76%, and its comprehensive risk rating in the second quarter of 2022 is AA.
So AIA's solvency is qualified, which shows that AIA is a well-deserved insurance company.
Want to know more about AIA, an insurance company? Look here is enough:
How about AIA? Is its product worth buying? 》
2. What is the background of Taiping Insurance Company?
1, strength background
In fact, Taiping Insurance was established very early in Shanghai 1929. It is indeed the longest-running national insurance brand in the history of China. In 20021year, the total premium of China Taiping was 2 175 billion yuan, with total assets exceeding one trillion yuan and assets under management exceeding 1.87 trillion yuan.
Taiping Insurance has developed rapidly in recent years, ranking 344th in Fortune Global 500 for four consecutive years.
The business scope of Taiping Insurance covers life insurance, property insurance, old-age insurance, reinsurance, reinsurance brokers and insurance agents, internet insurance, asset management, securities brokerage, financial leasing, real estate investment, old-age medical and health industries and other fields.
2. Solvency
Let's take a look at the solvency report of Taiping Insurance in the third quarter of 2022:
It can be seen that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of Taiping Insurance reach 103. 13% and 206.25% respectively. The latest risk rating is Grade A, and the solvency is qualified.
Is Taiping Insurance Reliable? Can't you believe it? What are its products? Senior has given a summary in another article:
How can Taiping Life be reliable? A text tells you the answer! 》
3. AIA company pk Taiping Insurance Company, who is the real winner?
1, strength background comparison
As far as the strength background is concerned, both insurance companies are very strong. AIA and Taiping Insurance are both well-known insurance companies in the industry, and both are the core of the insurance industry, and the comparison between them is similar.
2. Comparison of solvency
From the data, we can see that the solvency of AIA and Taiping Insurance are up to standard, and the value is even much higher than the standard line. If we insist on comparing solvency, AIA's values are higher than Taiping's.
3. Comparison of superior insurance types
AIA's product business scope is very extensive, covering accident/medical treatment, illness, nursing, life insurance, annuity and other insurance products. Among them, the more popular products are AIA Ruyi Double-Enjoy Insurance Plan, AIA Youyou Future Annuity Insurance Series and AIA Ruyi Critical Illness Insurance Series.
Taiping Insurance is also a comprehensive insurance company, and its product sales cover a wide range. Hot-selling products include Taiping E-care medical insurance and Taiping E-care medical insurance.
Comprehensive analysis, AIA and Taiping Insurance, two subordinate insurance companies, are very reliable insurance companies, and the company has many products with good cost performance. I suggest you make a final decision after comparative analysis.
Write it at the end
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