1. Solvency Ranking of Life Insurance Companies
Not only do consumers care about the operation of insurance companies, but the CBIRC is also very attentive to them, and has also formulated a series of regulatory policies.
An intuitive reflection of this is the regulation of the solvency of insurance companies, which requires every insurance company to meet certain standards.
1. Core solvency ratio of not less than 50%.
2. A combined solvency adequacy ratio of no less than 100%.
3. Risk composite rating of not less than B.
Let's take a look at what the solvency rankings of major insurers actually look like as of Q3 2022.
You can see that the top solvency ranking is for an insurance company called National Pension, second this is China Gateway Life, and third this is Xiaokang Life.
But actually solvency is used as an indicator of an insurance company's ability to fulfill its solvency obligations, as long as it meets the requirements of the CBI.
Too high, it will cause a waste of funds, investment returns decline, which in turn affects the insurance solvency, all do not have to go overboard in pursuit of high solvency insurance companies.
At present, the insurance companies in this list have basically met the standards of the CBI, and are currently in good operating condition.
2. Life insurance company profit loss ranking
Ahead of this, we said that solvency rankings up to the standard can be, too high easy to cause the funds to let the fee, affecting the investment income, involving income, we this to talk about income-related.
The profitability of the insurance company is also a problem that many consumers will be concerned about, after all, a few days ago there are famous gaming companies with 2.3 billion yuan of cash to invest in wealth management thunder, Ningde era with 23 billion yuan of cash in hand to seek a stable way to invest.
The table is based on the first quarter of 2022 profit loss list, the data from the network, if there is any doubt, please contact the milkman.
From the available data, the major insurance companies in the first quarter, there are profits and losses, after all, by the impact of the epidemic everyone is in the open source, lower premium income, investment returns are not high.
But this is, after all, the first quarter of the profit and loss, the biggest impact in these months is the wave of the epidemic in Shanghai, but now the epidemic is under control and also removed the star,
So the insurance company's second-quarter profit and loss performance, we will see.
3. Life insurance company surrender rate rankingWe understand that the main purpose of the insurance company is still the insurance product, by understanding the operation of the insurance company, combined with the content of the product's coverage, and finally decide whether to take out a policy.
To this end, it is worthwhile to take a look at the surrender rate of the insurance company, which is the percentage of the total number of insured people who have surrendered their insurance policies.
Of course, a high surrender rate doesn't mean that the insurer's products are unpopular, but it could be that the insured didn't do their homework properly and took out a product that wasn't right for them.
Of course the surrender rate can also be used as a reference when taking out a policy, while the milkman has also increased the year-on-year growth rate of premiums, which mainly shows the insurer's premium income growth for the quarter.
Only four of the top ten insurers with higher surrender rates had negative premium business income, and most insurers still had steady growth in premium income.
At the same time, more people are insured, it is understandable that there are more people surrendering their insurance policies, so we do not have to be too obsessed.
The data comes from the Internet, the table also has some insurance companies have not updated the data for the time being, for this reason there is no source of data, if you have any questions, please contact the milkman.