Ranking of major auto insurance companies, top 10 auto insurance companies

Top 10 Auto Insurance Companies:

1.Ping An Auto Insurance.

2.Chinese Insurance Auto Insurance.

3.Pacific Auto Insurance.

4.China United Auto Insurance.

5.Land Car Insurance.

6.Cheonan Car Insurance.

7.Yongan Auto Insurance.

8.Sunshine Car Insurance.

9.Anbang Motor Insurance.

10.Taiping Auto Insurance.

When buying car insurance, the insurance company is one of the important indicators we measure, after multiple evaluations of the senior sister summarized the latest ranking of car insurance companies, Chinese Insurance and Pacific are on the list, you can see here:The latest top 10 auto insurance companies in 2020 are ranked ** points!

So what exactly do we look for when choosing a car insurance company? You can start from the following points:

The size of the company

The size of the company reflects the number of outlets to a certain extent

When buying car insurance, we have to choose a company with many offline outlets, so that it is convenient and quick to settle claims if the self-driving trip is unfortunate.

Claims and service

The quality of claims directly reflects the credibility of an insurance company, a good insurance company claims are convenient and fast, and the service is in place, such as the best people will help to complete, without having to "break the leg".

So how do you make a claim for an unfortunate accident and what is the process? How do I make a claim if I have a car accident? What is the claims process for car insurance?

Products & Services

Different insurance companies, the same product may be different, the scope of coverage, the duration of protection will be different, you should see these details clearly when applying for insurance. Special attention should be paid to the scope of non-compensation, and you should choose an insurance company with a small non-coverage range.

A good car insurance company, in addition to comprehensive basic protection, also has many special servicesValue-added services such as providing free water, oil, electricity, trailer (within 30 km), tire replacement, drunk driving, etc., are all pluses.

Hope!

Summary. Hello dear, the top 10 auto insurance companies are ranked as follows: No. 1:

PICC Property Insurance (63.7 billion) ranked 2nd: Ping An Property Insurance (49.9 billion) ranked 3rd: Pacific Property Insurance (25.9 billion) ranked 4th:

China Life Property Insurance (15.3 billion) ranked 5th: China Property Insurance (6.8 billion) ranked 6th: Sunshine Property Insurance (5.9 billion) ranked 7th:

Dadi Property Insurance (5.6 billion) ranked 8th: Taiping Property Insurance (4 billion) ranked 9th: Huaan Property Insurance (2.9 billion) ranked 10th:

Yongan Property Insurance (2 billion).

Top 10 auto insurance companies.

Hello dear, the top ten auto insurance companies are ranked as follows: No. 1: PICC Property Insurance (63.7 billion) No. 2:

Ping An Property Insurance (49.9 billion) ranked 3rd: Pacific Property Insurance (25.9 billion) ranked 4th: China Life Property Insurance (15.3 billion) ranked 5th:

China Property & Casualty Insurance (6.8 billion) ranked 6th: Sunshine Property Insurance (5.9 billion) ranked 7th: Dadi Property Insurance (5.6 billion) 8th:

Taiping Property Insurance (4 billion) ranked 9th: Huaan Property Insurance (2.9 billion) 10th: Yongan Property Insurance (2 billion).

Auto insurance refers to a kind of commercial insurance that is liable for personal or property damage caused by natural disasters or accidents of motor vehicles. Its insurance customers are mainly corporate bodies and individuals with various motor vehicles; The subject matter of its insurance is mainly various types of automobiles.

The Chinese auto insurance companies are as follows (in no particular order):

First, the Chinese People's Insurance.

Founded in 1949 on the birthday of the People's Republic of China, it was selected as the 121st in the 2019 Fortune Global 500 list.

2. Ping An of China.

Ping An Insurance Company of China, which was born in Shekou, Shenzhen in 1988, was born in the right place and experienced the real "Shenzhen speed". It was ranked 29th in the 2019 Fortune Global 500 list and 3rd in the top 500 Chinese service enterprises.

3. Pacific Insurance.

Founded in 1991 and belonging to the world's top 500 companies, CPIC has more than tripled its premium income from 2005 to the present. It itself operates diversified insurance services, including life insurance, property insurance, etc.

Fourth, Chinese life.

Formerly known as Chinese People's Insurance **** founded in 1949, it was renamed Chinese Life Insurance Company in 1999. Although it is not as good as the status of the first three big brothers, the value of the brand has also reached RMB 100 million in 2019. The business scope includes life insurance, property insurance, banking,**, asset and wealth management, etc.

5. Land Insurance.

Founded in 2003 with a registered capital of RMB 15.1 billion, Dadi Insurance Company is headquartered in Shanghai. After 16 years of vicissitudes, the leap in development has impressed the industry. By 2018, the income of insurance business has exceeded 42.4 billion yuan.

6. China Union.

China United Insurance Group is the second state-controlled insurance company established in China after the People's Republic of China. The birth of China United Insurance broke the situation of exclusive operation in the insurance market, officially sounded the clarion call for market competition, and was selected as one of the top 500 Asian brands for two consecutive years.

7. Sunshine Insurance.

Founded in July 2005, it is one of the seven major insurance groups in China, with a number of useful life insurance, asset management and other companies. In 2019, it was ranked 88th among the top 500 service enterprises in China. Among them, there are more than 1,000 third- and fourth-level branches of property insurance, with a total of more than 36 million customers and a cumulative compensation of 28.8 billion yuan.

8. China Taiping.

Note the distinction between China Taiping and Pacific, which are two different companies. Taiping Insurance is the first multinational financial and insurance group company in China, and its brand history can be traced back to Taiping Fire and Water Insurance Company, which was founded in 1929. In July 2019, it ranked 451st on the Fortune Global 500 list.

Overview of car insurance services: There are few service outlets, a perfunctory attitude, and traps are set to reduce claims.

9. New China Insurance.

Founded in 1996 and a Fortune 500 company, New China Life Insurance Co., Ltd. provides life insurance, health insurance, personal accident insurance and endowment insurance services.

10. Taikang Insurance.

Taikang Life Insurance Co., Ltd., founded in 1996, is an innovative insurance and financial service group, with life insurance as the core, and a large insurance company with the whole industry chain of enterprise annuity, asset management, pension community and health insurance.

Top 10 Chinese auto insurance companies: Ping An of China, Chinese Life, Taiping Life, Taikang Life, Huaxia Insurance, AIA, Xinhua Insurance, Life Life, Sunshine Insurance, Anbang Insurance.

China auto insurance companies, the top 10 companies are as follows:

At the top of the list is Ping An Auto Insurance. Ping An Auto Insurance is a very important and very popular business of Ping An of China, and the types of insurance of Ping An Auto Insurance are roughly as follows: compulsory traffic insurance, vehicle loss insurance, third-party liability insurance, vehicle personnel liability insurance, full vehicle theft insurance, glass breakage insurance, spontaneous combustion loss insurance, body scratch insurance, deductible insurance, etc.

In second place is Pacific Auto Insurance. Pacific Auto Insurance is owned by Pacific Insurance Company. One of the features of Pacific Car Insurance is that there is no age limit for insurance, and the payment method is once a year.

The types are roughly divided into basic insurance, general additional insurance and special additional insurance, but general additional insurance and special additional insurance cannot be insured independently, and Taiping car insurance is indefinite value insurance.

In third place is PICC car insurance. PICC auto insurance was established by Chinese Insurance in 2003, there are many types of PICC auto insurance, 8 main insurance and 11 supporting additional insurance, and there is 1 hour notice of compensation, remote insurance, local claims, free rescue of broken vehicles, accident car custody and other exclusive services of PICC car insurance.

In fourth place is Dadi Auto Insurance. Dadi Auto Insurance Co., Ltd. is a business opened in 2003 by China Dadi Property Insurance Co., Ltd., and the management of Dadi Auto Insurance is relatively advanced, because it has its own claims team, and its branches are distributed throughout the country, and it also has a lot of insurance channels. <>

In fifth place is Yongan Auto Insurance. Yongan Auto Insurance is one of the main businesses of Yongan Property Insurance Co., Ltd., with many branches in the country, a relatively high position in the domestic auto insurance market, and the top 10 auto insurance companies rank fifth. The types of Yongan car insurance are:

Statutory compulsory insurance for motor vehicles, third party liability insurance for motor vehicles, loss insurance for family cars, loss insurance for non-business vehicles, loss insurance for business vehicles, special vehicle insurance, etc.

In sixth place is Sunshine Auto Insurance. Sunshine car insurance is my biggest highlight because the claim is simple, there are fewer links, and there are no documents.

In seventh place is Anbang Auto Insurance. Anbang Auto Insurance is a subsidiary of Anbang Insurance, which is not the main business, but it is also doing very well, and it has developed rapidly in recent years.

In eighth place is China United Auto Insurance. China United Auto Insurance is a business of China United Property & Casualty Insurance Co., Ltd., which is the first national comprehensive insurance company in China with the title of "China". The point is that there is a 24-hour uninterrupted claims service, and there are not many claims links, and the process is relatively simple.

In ninth place is Cheonan Auto Insurance. Tianan Auto Insurance is a business under Tianan Property Insurance Co., Ltd., which is very famous for its Tianan Auto Insurance, and the most important point is that there are many types of insurance.

Coming in at number 10 is Pacific Vehicle Insurance. Pacific Vehicle Insurance is motor vehicle insurance, its most famous, the most high-quality business is Shenxing Motor Vehicle Insurance, the product on the basis of traditional products, to provide lower **, better service.

Top 10 Rankings of China's Auto Insurance Companies: 1Ping An of China, 2Chinese Shou, 3Taiping Life Insurance, 4, Taikang Life Insurance, 5, Huaxia Insurance, 6, AIA, 7 Xinhua Insurance, 8, Life Insurance, 9, Sunshine Insurance, 10, Anbang Insurance.

Generally speaking, there are two aspects to look at when looking at an insurance company: income and solvency. Income represents how much money the company makes, and whether it will continue to do so affects the renewal of insurance.

1) The income ranking can be seen that the relatively high income is Chinese Life, Ping An Life and Pacific Life. The three companies are also well-known insurance companies in China, and their brand strength and reputation are good, which is indeed the first choice for many consumers.

2) Solvency rankingBehind every insurance company, there is strict supervision by regulatory mechanisms such as the China Banking and Insurance Regulatory Commission. Solvency is mainly based on these three indicators: core solvency adequacy ratio, comprehensive solvency adequacy ratio and comprehensive risk rating.

The calculation of the comprehensive solvency adequacy ratio, the core solvency adequacy ratio, and the specific standards and procedures for the comprehensive risk rating are all in accordance with the Solvency Supervision Rules of Insurance Companies and other systems, so insurance companies have a set of calculation standards for core solvency and comprehensive solvency, which need to be strictly adhered to.

Hello! The top 10 auto insurance companies in China are ranked in order: PICC Property Insurance, Ping An Property Insurance, Pacific Property Insurance, Chinese Life Property Insurance, China United Insurance, Dadi Property Insurance, Sunshine Property Insurance, Taiping Property Insurance, Huaan Property Insurance, Zhongan Property Insurance, and Huatai Property Insurance.

Car insurance is too expensive, can I only buy compulsory traffic insurance? You must know, otherwise you will suffer on the road!

From the perspective of comprehensive risk rating, there are only four companies rated A, which are Chinese Life Property Insurance in the fourth place, Dadi Property Insurance in the 6th place, Zhongan Property Insurance in the 10th place and Huatai Property Insurance in the 11th place, while the top three PICC Property Insurance, Ping An Property Insurance and Pacific Property Insurance are all B, which is inconsistent with the ranking of premium income.

From the perspective of core solvency adequacy ratio, the top 3 property insurance companies all exceeded 200%, and among the last 7 property insurance companies, only three Dadi Property Insurance, Zhongan Property Insurance and Huatai Property Insurance exceeded 200%, and the others were all below 200% but higher than 150%. It should be added that a solvency adequacy ratio of 100% is qualified, which means that the company has less than a 5 in 10,000 probability of bankruptcy in the next year.

Pay attention to attentive insurance, 1-to-1 free consultation, adhering to a professional, objective and neutral attitude, choose more cost-effective products for you, and make buying insurance an easy task!

Car insurance, as the name suggests, is vehicle insurance, including but not limited to car damage insurance, third-party liability insurance, vehicle occupant liability insurance, and so on. The main body of car insurance protection is the vehicle itself, that is, property insurance. If you want to know about other insurance companies with good service capabilities, you can see:

Which insurance company provides the best service? Take a look at the ranking

1. Ranking of auto insurance companies

After the auto insurance reform, the auto insurance products launched by various property insurance companies are similar.

Instead, the claims service of the insurance company has become the primary consideration.

Most of the top companies are old insurance companies such as PICC Property Insurance, Ping An Property Insurance, and Pacific Property Insurance, which basically have relatively strong financial resources and more service outlets.

The rating is based on the average value of the insurer's services, as follows:

We can see that the service evaluation indicators of property and casualty insurance companies are measured according to the efficiency of the completion of various services and the number of complaints, including the settlement rate of claims cases, the odds of claims and the number of complaints about the premium of 100 million yuan of motor insurance.

In other words, the top 10 insurance companies with service ratings are naturally ahead of most of their peers in terms of claims services, and they can give priority to such top-ranked insurance companies when choosing auto insurance products.

Second, the daddy summary

The better the claims service of the insurance company, the better the service rating.