Is Taikang Life a state owned enterprise? Is Taikang Life Insurance a state owned or private enterpr

Not really! Article 87 If an insurance company fails to pay its debts when due, the people's court shall declare it bankrupt with the consent of the insurance regulatory authority. If an insurance company is declared bankrupt, the people's court shall organize the insurance regulatory authority and other relevant departments and relevant personnel to set up a liquidation team to carry out liquidation.

Article 88 Where an insurance company engaged in life insurance business is revoked or declared bankrupt in accordance with law, the life insurance contracts and reserves held by it must be transferred to other insurance companies engaged in life insurance business; If it is not possible to reach an assignment agreement with another insurance company, it shall be accepted by the insurance company designated by the insurance regulatory authority to operate life insurance business.

In other words, even if an insurance company goes bankrupt, the insurance contract will not be extinguished.

But sometimes companies that have to go bankrupt, like Fortis AIG, are eventually taken over by the state, which will protect the best interests of customers!

It is not state-owned, and the life insurance company will not go bankrupt, but will be taken over by other insurance companies that operate life insurance business, and other insurance companies will.

Taikang Life Insurance is privately held.

Taikang Life Insurance Shares****.

It was approved by the head office of the People's Bank of China on August 22, 1996.

It is a national, joint-stock life insurance company headquartered in Beijing. In November 2000, Taikang Life Insurance fully completed the approval of the China Insurance Regulatory Commission.

Approved foreign capital offering work.

Extended Materials. First, the particularity of state-owned enterprises.

1. Although state-owned enterprises engaged in production and operation also have profit-making purposes, they also have non-profit purposes, or they do not have profit-making purposes. State-owned enterprises should implement the state-planned economy.

policy, which is responsible for the economic management of the state (regulation of the social economy).

For some important industries and products, knowing that they will not be profitable for a certain period of time, they still need or need the state to invest in starting enterprises, and when their operations can be profitable or the profitability is high, civil society is willing to invest, and the state can often reduce investment or even withdraw from these fields.

2. Although a state-owned enterprise is an organization, it has only or mainly one investor of the state. This is different from partnerships, cooperatives, and corporations in general, and from sole proprietorships.

The state, as the investor of the enterprise, is generally not represented by the highest state organ (the highest organ of state power.

or ****) directly carry out specific investment management and business activities, but in accordance with"Unified leadership and hierarchical management"In principle, the relevant state organs at all levels or their authorized departments are responsible for specific investment, management and business activities on behalf of the state owners.

2. How to receive insurance benefits for Taikang Xinfu Annuity?

1. Special insurance benefits.

The annual premium for the first policy year is refunded multiplied by the special premium payment ratio as the special premium, and the payment period is a single payment.

If the payment period is 10%, the payment period is 3 years, the corresponding special insurance payment ratio is 30%, the payment period is 5 years, the corresponding special insurance payment ratio is 50%, and the payment period is 10 years or more, the corresponding special insurance payment ratio is 100%.

2. Survival insurance money.

From the 8th policy year onwards, the pension benefits will be reached by the insured.

Before the age of the sock collar, you can receive 30% of the basic sum assured every year.

3. Pension insurance.

From the time the insured reaches the age of pension to the age of 105, the amount of the first pension payment is 105% of the previous year's survival insurance premium, and the second and subsequent annual pension payments are 105% of the previous year's pension amount.

Taikang Life is not a listed company, Taikang Life is a national, joint-stock life insurance company established on August 22, 1996 with the approval of the head office of the People's Bank of China, the company is headquartered in Beijing.

Although Taikang Life Insurance is not a listed company, it has been squeezed into the world's top 500 several times.

Among them, the strength is strong.

In addition, according to the proportion of China's life insurance market and premium income, Taikang Life's premium income in the first half of 2021 was 100 million, ranking 5th in terms of market share. Taikang Life Insurance is currently well-known for its health critical illness insurance.

and Health Privilege Series Million Medical Insurance.

Extended Information; Taikang Life Insurance Shares****.

It is a national, joint-stock life insurance company established on August 22, 1996 with the approval of the head office of the People's Bank of China, and the company is headquartered in Beijing.

In November 2000, Taikang Life Insurance fully completed the approval of the foreign IPO company with the approval of the China Insurance Regulatory Commission. Taikang Life Insurance has a total of 20 shareholders, including Sinotrans Changhang Group, China Guardian International Auction, and China Communications Construction Co., Ltd.

CITIC Huadong (Group) and other large and medium-sized domestic enterprises, foreign shareholders include Swiss Fengtai Life Insurance Company, New Deal TEDA Investment **** and Japan Software Bank Group.

and other well-known international financial enterprises. In April 2011, Goldman Sachs Group.

Signed a contract with Taikang Life Insurance Co., Ltd. to acquire the equity of Taikang and become the second largest shareholder of the company. [1]

On July 27, 2016, the U.S. Securities and Exchange Commission (SEC) announced that Taikang Life Insurance Co., Ltd. had acquired a stake in auction house giant Sotheby's, becoming Sotheby's largest shareholder since the beginning [2] .

In August 2016, Taikang Life Insurance was in"2016 China's Top 500 Enterprises"ranked 114th in the market. On November 30, 2018, it won the "2018 TOP Financial List - Best Life Insurance Company of the Year". In 2018 and 2019, it was ranked among the world's top 500 companies [4] .

On October 10, 2020, it ranked among the top 10 of the top 100 private enterprises in Beijing in 2020. On September 22, 2021, Taikang Life Insurance was approved to establish Taikang Life Insurance (Hong Kong)****.

Business system. Taikang Life attaches great importance to building a comprehensive and clear business structure system, and has formed a relatively complete business situation with individual insurance as the core and group insurance, bancassurance and renewal business developing simultaneously, which provides a guarantee for the healthy development of the company's life insurance business. Taikang Life Insurance has formed term and whole life insurance and critical illness insurance.

Pension insurance, medical insurance.

Children's insurance, accident insurance, women's illness insurance, high protection insurance, participating insurance, investment-linked insurance, universal insurance and other product lines. By the end of 2007, Taikang Life Insurance had provided insurance services to 13 million customers, fully meeting the public's all-round and multi-level demand for life insurance services.

Service is the life of life insurance, and we win the trust of customers with integrity, standardization and high-quality service.

Taikang Life Insurance Company is a national, joint-stock life insurance company.

Founded in 1996 and headquartered in Beijing, Taikang Life Insurance Co., Ltd. has set up 39 branches across the country, and its business scope includes insurance and financial services.

Taikang Life has always been committed to providing professional and high-quality life insurance services for the working class, advocating a youthful, healthy, fashionable and happy modern outlook on life, modern consumption and family values.

Further information: An insurance company is a corporate legal person established under the Insurance Act and the Company Act. The insurance company collects the premium, invests the capital obtained from the premium in assets such as bonds, **, loans, etc., and uses the income from these assets to pay the insurance compensation determined by the policy.

Through the above-mentioned business, the company is able to obtain a high return on investment and provide appropriate insurance services to customers at a lower premium, thereby making a profit.

The business of insurance companies is divided into two categories:

1) Life insurance business, including life insurance, health insurance, accident insurance and other insurance business.

2) Property insurance business, including property damage insurance, liability insurance, credit insurance, guarantee insurance and other insurance business. Insurance companies in China are generally not allowed to concurrently engage in the business of life insurance and property insurance.

An insurance company is a company that sells insurance contracts and provides risk protection. An insurance company is an economic organization that operates the insurance industry. Insurance companies refer to commercial insurance companies established with the approval of the China Insurance Regulatory Authority and registered in accordance with the law, including direct insurance companies and reinsurance companies.

Taikang Life Insurance Company is a private company.

Taikang Life Insurance Company is a subsidiary of Taikang Insurance Group Co., Ltd., and the shareholder of Taikang Life Insurance Company is Taikang Insurance Group Co., Ltd., with a shareholding ratio of 100%. The controlling shareholder of Taikang Group is Guardian Investment Holdings****, which is a limited liability company and a private enterprise.

Kang Insurance Group Co., Ltd. is a large-scale insurance and financial services group covering the three core businesses of insurance, asset management and medical care, which was established in 1996, and its sub-Gonglu Mafan Division includes Taikang Life Insurance, Taikang Assets, Taikang Pension, Taikang Health Investment, Taikang **, etc. The business scope includes life insurance, Internet property insurance, asset management, enterprise annuity, occupational annuity, medical pension, health management, commercial real estate and other fields.

Company Introduction

Taikang has always adhered to the principle of specialization, marketization and standardized operation, never changed its original intention, innovation and sustainability, and business for good, from the cradle to paradise, with products and services covering the whole life cycle, building a four-in-one business model of dynamic pension, high-end medical care, excellent financial management and life care, and is committed to becoming a world-leading insurance and financial service group for the big health industry.

Adhering to the concept of "serving the public and giving back to the society", Taikang actively fulfills its corporate social responsibility and builds public welfare sectors such as Colorful Elderly Assistance, Public Health, and Contemporary Art to improve people's livelihood and well-being.

Taikang Life Insurance Group and Taikang Insurance Group are not the same company, Taikang Life Insurance is a subsidiary of Taikang Insurance Group Co., Ltd.

Founded in 1996 and headquartered in Beijing, Taikang Life Insurance has a registered capital of 3 billion yuan, and as of the fourth quarter of 2022, the company's total assets exceeded one trillion yuan. Seepage correction.

The detailed information about Taikang Life, the senior sister has been sorted out in this article, if you still want to know more, you can click to get:Is Taikang Life reliable? What about these products?

Seeing this, I believe everyone knows what the relationship between Taikang Life Insurance and Taikang Insurance Group is. But in order to buy a suitable insurance, it is not enough to only pay attention to the insurance company, it is recommended to follow the following principles when applying for insurance:

1.Priority is given to the allocation of protection insurance.

Senior sister recommends that when buying insurance, you should first buy protection insurance, such as critical illness insurance, medical insurance, accident insurance, life insurance, and then choose financial insurance. If we first configure financial insurance when the protection insurance is not fully equipped, then when our body is in trouble, financial insurance will not be able to provide corresponding protection for ourselves. Some friends may not know the difference between these types of protection insurance, and you will understand it after reading the analysis of this article series:

What is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? Will there be a conflict when making a claim?

2.Shop around.

When buying insurance, Senior Sister suggests that you find the same type of product from different insurance companies for comparison. Since everyone's situation is different, the products that are suitable for others may not be suitable for themselves, and if you want to know which product is suitable for you, you need to compare and know. If you don't know how to choose the right insurance plan for you, you can check out this article

[Insurance] which is good, how to buy a good deal, hand in hand to teach you to avoid these pitfalls of insuranceHope.

Reliable. Taikang Life Insurance is an insurance company approved by the China Banking and Insurance Regulatory Commission (CBIRC), and its products are supervised by the China Banking and Insurance Regulatory Commission. In the first quarter of 2019, the core solvency adequacy ratio and comprehensive solvency adequacy ratio were both higher than 150%.

Therefore, Taikang Life Insurance is relatively reliable in terms of both product and solvency.

The left eye is missing to see peace, the right eye is to see the friendly countries, and the two eyes to see the world", this is the slogan of Mr. Chen Dongsheng when he founded Taikang. Since its establishment in 1996, after more than 20 years of development, Taikang has become one of the most familiar "old five" insurance companies. It is undeniable that buying insurance from large companies does have obvious advantages, and Taikang is well-known:

Large companies are willing to advertise, and seeing more will naturally make people feel more at ease.

Buying insurance is a good thing, the purpose is to avoid easy insurance in the future, and to avoid having no money to use insurance when you are old. The starting point is good, the allocation of insurance, is all people with low income, should be the focus of consideration, high income people half of the personal risk is bearable. The second is that although the insurance is very good, we can't blindly buy it.

When we decide to buy insurance, we may receive a lot of different messages, some saying that we want to buy this, and some saying that we want to buy that. Insurance is a kind of financial product, which cannot be seen or touched, and cannot be easily and intuitively compared, so many friends only know that they have bought inappropriate insurance after reading our article. If you choose to surrender the policy, you may have a lot of losses, but if you don't surrender the policy, you will be in a dilemma if you pay so much money every year, but the amount of insurance is not much, and the risk will not play a big role.