But for those who love the products of big companies, they must want to know which one is better or what is the difference between the two companies. So today, Senior Sister will give you a detailed analysis.
If you want to know how to compare other insurance companies or 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 pay attention to when we pay attention to insurance companies? 》
I. Introduction of AIA Company
AIA is a life insurance group listed on the Hong Kong Stock Exchange. The company set up a branch in Shanghai on 1992, which was also approved by China Banking Regulatory Commission. 1978 after the implementation of the reform and opening-up policy, China was one of the first non-local insurance institutions to be allowed to engage in personal life insurance business.
After long-term development, AIA's sales scope covers 65,438+08 markets in the Asia-Pacific region, including Chinese mainland, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia and Myanmar.
At present, AIA has set up AIA Life Insurance Company in China, mainly because it is also a wholly-owned subsidiary of AIA, which operates all AIA life insurance businesses in Chinese mainland.
AIA Life's registered capital is as high as 3.7 billion yuan, and the company's total assets in 20021year exceeded 220 billion yuan, an increase of more than 20 billion yuan compared with 2020, with a year-on-year growth rate of 10.8%. 202 1 The total premium income is relatively high, reaching 45.3 billion yuan, and the overall strength is quite good.
Furthermore, AIA's core solvency adequacy ratio reached 233.98% in the first quarter of 2022, and its comprehensive solvency adequacy ratio was acceptable, reaching 389.82%. The latest comprehensive risk rating is excellent, reaching Grade A, reaching the solvency eligibility line stipulated by CBRC.
I made a detailed analysis of AIA's strength and products before. If you want to know more, you can click the following link to view the article for free:
How about AIA? Is its product worth buying? 》
2. Introduction of Huatai Insurance Company
Huatai (Life Insurance) was restructured from Huatai Property Insurance Co., Ltd. established by 1996, and was later renamed with the approval of China Banking Regulatory Commission.
Huatai Life Insurance officially opened in 2005 and is headquartered in Beijing. It is a national life insurance company jointly sponsored by powerful financial and insurance groups and famous enterprises at home and abroad. The capital invested by shareholders exceeds 2 billion yuan, and the total registered capital of the company is as high as 3 billion yuan.
After years of development, Huatai Life Insurance has more than 400 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 2022 was as high as 65,438+049%, and the comprehensive solvency adequacy ratio was 65,438+079%. The latest comprehensive risk rating is excellent, reaching Grade A, which meets the standards of China Banking and Insurance Regulatory Commission.
If you want to know more about Huatai Insurance, you can read the following evaluation article:
What about Huatai Life Insurance Company? Is the product worth buying? 》
Three. Aia VS Huatai insurance, who is stronger?
1, company background
From the company background, the strength of the two insurance companies is relatively outstanding. No matter from the perspective of total assets or comparing domestic premium income, there is basically no big difference and it is very reliable.
2. Solvency
AIA and Huatai Insurance meet the solvency standards. In contrast, AIA's solvency adequacy ratio is better than Huatai Insurance.
In other words, solvency is the ability of insurance companies to claim insurance benefits.
Under the supervision of the China Banking Regulatory Commission, insurance companies are given a system: the core solvency adequacy ratio is not less than 50%, the comprehensive solvency adequacy ratio is not less than 100%, and the comprehensive risk rating needs to reach Grade B and above. For these three indicators, it is necessary to meet the standards at the same time to be qualified.
3. Advantage insurance
For AIA, products that focus on financial management are very cost-effective, such as annuity insurance and pension insurance.
Specific products include Friends Future Annuity Insurance 2022, Zenglibao Glory Edition Universal, Free Future Annuity Insurance, Chuangying Jinsheng Annuity Insurance 202 1 and so on.
Huatai Insurance mainly covers health insurance, such as critical illness insurance, medical insurance and some specific diseases insurance. Specific products include G-type personal critical 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 relatively reliable companies, both of which have certain strength, but their products are different. You can look at their products before making a choice.
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