1. According to the development of the company, with the approval of the former China Insurance Regulatory Commission, Hengqin Life Insurance Co., Ltd. was established on February 20 16. The registered capital of the company is 2.385 billion yuan, which consists of five units: Zhuhai Huachuang, Hengtong Group, Pearl Red Trading, Suzhou Huanya and Zhongzhi Group. Therefore, in terms of platform qualification, Hengqin Life Insurance has obtained an insurance license issued by the China Banking Regulatory Commission and is a regular insurance company. Its main business scope includes general insurance, including life insurance and annuity insurance; Health insurance; Accident insurance; Dividend insurance; Universal insurance; Reinsurance business of the above business; Insurance fund utilization business permitted by national laws and regulations; And other businesses approved by the China Insurance Regulatory Commission.
2. As far as solvency is concerned, according to the quarterly solvency report of Hengqin Life Insurance Co., Ltd. in 2023 1 quarter, the core solvency adequacy ratio of Hengqin Life Insurance is 1 18.65%, and the comprehensive solvency adequacy ratio is 150.08%, both at100.
3. From the company's service outlets, Hengqin Life Insurance has set up branches in Guangdong and Jiangsu provinces, including Zhuhai, Shenzhen, Guangzhou, Jiangmen, Huizhou, Heshan, Wuxi, Suzhou and xingning city.