I would like to ask which is better, Ping An Insurance or Huaxia Insurance, thank you

If you want to compare which is better, Ping An Insurance or Huaxia Insurance, you can judge it through a variety of criteria. Moreover, the results are often different under different standards.

From the perspective of enterprise scale alone, Ping An Insurance is one of the three major comprehensive financial groups in China, with a number of subsidiaries such as Ping An Life, Ping An Property Insurance, and Ping An Pension, which are relatively large. Huaxia Insurance is a national, joint-stock life insurance company, which is smaller than Ping An Insurance.

In order to compare the strength of the insurance company, it is not enough to compare the above aspects. This article provides an in-depth comparison and analysis of the two insurance companies, don't miss it: Who is the king? Ping An of China PK Huaxia Life Insurance!

The strength of the two insurance companies, Ping An Insurance and Huaxia Insurance, is comparable, and you don't need to worry about which insurance company is better, because the China Banking and Insurance Regulatory Commission will strictly control the license approval of insurance companies, the requirements for the establishment of insurance companies, and the listing of products.

In the following time, the senior sister made a comparative analysis from the strength background and solvency of these two insurance companies.

First, the strength of the background.

Ping An Insurance: Ping An Insurance is the first joint-stock insurance company in China, and after long-term development, the company ranked 21st in the global brand value list and fourth among global financial enterprises in 2022 with a brand value of US$54.6 billion and a brand strength index of AAA-.

Huaxia Insurance: Huaxia Insurance is also a domestic old brand insurance company, founded in 2006, with total assets of more than 600 billion, 24 directly affiliated branches, a total of 661 branches, 100 million customers, and 500,000 manpower. It can be seen that the background strength of these two insurance companies is very strong.

However, when we look at insurance companies, we should not only look at reputation, but also judge from these aspects: when we look at insurance companies, what do we really look at?

2. Solvency.

Solvency can reflect the financial stability of an insurance company. In its solvency report for the first quarter of 2022, Ping An Life, a subsidiary of Ping An Insurance, showed that the core solvency adequacy ratio was a comprehensive solvency adequacy ratio and a comprehensive risk rating of B. And Huaxia Insurance Company due to in 202

0 is supervised by the China Banking and Insurance Regulatory Commission, the solvency information on the official website is only disclosed until the first quarter of 2020, the core solvency adequacy ratio, the comprehensive solvency adequacy ratio, and the comprehensive risk rating have not been updated.

In general, the strength of these two companies is the best, in fact, the choice of products is more important than the choice of insurance companies. The senior sister also arranged an insurance application guide for everyone: [insurance] which is good, how to buy a cost-effective one, and teach you to avoid these pitfalls of insurance.

It's all good, mainly to see which product is more suitable for you. For insurance products with the same sum insured, the premium of Huaxia Insurance will be lower than that of Ping An.

It is recommended to know about PICC Chinese Insurance.

Hello, it's not that company is better, but that insurance is more suitable for you.

Hello! You can compare it from all sides! Which one suits you and which one is better.

Insurance is a lifelong thing, you have to choose a company, choose a product, and choose a responsible business manager! What's right for you is the best!

Hello, each product has its own characteristics, and the evergain in Huaxia is relatively cheaper.

When buying insurance, it is more important to choose the right product for yourself.

Ping An of China

Founded in 1988 in Shekou, Shenzhen, it is the first joint-stock insurance company in China, and has become an integrated, close and diversified comprehensive financial service group integrating insurance, banking, investment and other financial services. Other businesses approved by the China Insurance Regulatory Commission and relevant state departments. On September 2, 2018, the China Enterprise Confederation and the China Entrepreneurs Association released the list of the top 500 Chinese enterprises in 2018, and Ping An Insurance of China ranked 6th.

Huaxia Insurance

Huaxia Insurance is a large-scale national, joint-stock insurance company officially approved by the State Insurance Regulatory Commission, with total assets exceeding the 500 billion mark. In 2018, the company's total premiums reached 230.6 billion yuan, ranking fourth in the market, and as of the end of June this year, the total premiums of Huaxia Insurance Company have reached 174 billion yuan, and the market ranking has also improved to third.

Moreover, no matter how large or small an insurance company is, it is backed by the China Banking and Insurance Regulatory Commission and is recognized by national laws.

If you want to be an industry boss, it's not simple, everything still depends on strength!

The ranking at the beginning of the article is based on a comprehensive comparison of the four dimensions of equity structure, operational stability, fist products, and market cognition of major insurance companies, and there is a reason to base it. But looking at a ranking alone seems a bit one-sided, since it is an industry leader, it must stand up to comparison. So I started with the solvency that everyone is most concerned about to see who can pay the most!

The detailed list can be clicked here, what are the companies you value or have been insured?

In the latest solvency rankings in 2020, which company is the most compensable?

There is no good or bad insurance product, only suitable or inappropriate. You can choose the most suitable insurance product according to your financial situation, family responsibilities, and physical health. I spent a lot of effort to sort out this insurance cheats, take it away, thank you:

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

Huaxia Insurance Company is one of the top insurance companies in the country. The company mainly sells critical illness insurance, life insurance, annuity insurance and other types of insurance products.

By analyzing the company's popular product, Evergain Multifold Edition, to better understand this company:

This product is grouped with critical illness and is a multi-claim critical illness insurance that protects life.

The attractive points of this product are:

1. The scope of protection is relatively wide and comprehensive.

2. Multiple claims for critical illness only need to be separated by 180 days.

3. The disease grouping is reasonable, and the probability of consumers making multiple claims has increased. For example, malignancies with a high incidence are grouped separately.

However, this product also has certain shortcomings, such as being expensive. At present, most families do not easily spend more than 10,000 yuan in an insurance policy. I have to say that its leverage is really low, and the maximum payment period is only 20 years.

This product is still more suitable for friends who like critical illness grouping and enough budget to buy.

If you want cheap and practical critical illness insurance, you can check out this article:"Top 10 Popular Critical Illness Insurance Points Worth Buying! 》

Daddy has repeatedly emphasized many times that the company is not the primary criterion for choosing insurance products, and we should pay more attention to the contract terms of insurance products when choosing insurance products.

What the? Are you still wondering what are the big insurance companies? Okay, it's all here, you can click on it and you'll see it. "2020 National Ranking of Insurance Companies Newly Released! 》

Here, Daddy also introduces a Ping An by the wayLifetime cancer insuranceBar:

Specifics

1.Cancer (including carcinoma-in-situ) insurance benefits

As a cancer prevention medical insurance, Ping An Lifetime Cancer Insurance mainly reimburses the medical expenses of malignant tumors, so the amount of cancer medical insurance is very important.

2.Proton Heavy Ion Medical

This product gives proton and heavy ion medical insurance in the first year, with an insurance amount of 1 million, but there is no guarantee of renewal.

3.Value-added services

Ping An Lifetime Cancer Prevention Medical Insurance provides common value-added services such as green channel and hospitalization advance, which are more practical.

4.Reimbursement ratio and deductible

The reimbursement scope of Ping An Lifetime Cancer Insurance is not limited to social insurance, and the reimbursement ratio depends on the situation.

Daddy concluded:

Cancer medical insurance mainly protects cancer, and if possible, Daddy still recommends buying million medical insurance.

The insurance company is not the most important consideration, the protection content and terms of the product are related to our interests, so we can compare the same type of products of the two companies, which one has comprehensive coverage and more advantages in insurance benefits, we will choose which.

Take critical illness insurance as an example:

Ping An and Huaxia also have an insured amount of 300,000 yuan, and there is a gap in premiums, with the number of critical illness claims being 1 time for Ping An and 6 times for Huaxia; Mild to moderate illness Huaxia is also paid multiple times, and comes with a premium waiver for mild illness, and Ping An's premium waiver requires additional premiums.

Which is better, Ping An Insurance's wealth management or protection insurance?

In fact, the most important thing to buy insurance is to choose the right insurance person, because it is the first person who directly serves you. An excellent person may serve you for life, and a senior manager of our Ping An Life has achieved the realm of customer end-of-life care. I think such a ** person is worthy of the trust of customers no matter which insurance company they are in.

This depends on each person's opinion, and I feel that Ping An Insurance is better.

Ping An is ranked 35th in the global Forbes list! The world's No. 1 insurance company! In 2016, the comprehensive premium has exceeded that of its peers, and it is on an equal footing with the big brother of the insurance industry, Chinese Shou!

Huaxia has been confirmed by the Insurance Regulatory Commission as a loss-making company for six consecutive years! I think you can see it at a glance!

Ping An is in the first place in the domestic insurance industry, and if you want to choose, you must choose a large company, and the platform is good and strong.

Ping An Insurance is the largest insurance company in China, one of the world's top 500 companies, and the first non-state-owned enterprise in China.

I don't know what you mean by being good? The size of the company is Ping An's largest.

Huaxia is too bad, the service is not good, and playing word games will not work.

Of course, it's Ping An, which is a comprehensive financial company with strong strength.

Huaxia Insurance is cost-effective, and the after-sales service is also good, depending on the product needs of the policyholder.

Ping An is good: 1 Ping An is the beginning of insurance. 2. Ping An Insurance has been developing for a long time, has perfect products, and has many institutions.

3. Ping An ranked 41st among the world's top 100 companies. 5. Ping An is a small private enterprise step by step development, now such a scale is a good management model and full trust of the product.

Do you care about health protection, or accident protection?

There is no better, only the right one! Ping An is now ranked 41st in the top 500, and there is no comparison!

It's all the same, regular insurance, the rules are pretty much the same.

Ping An is strong and has high premiums, these are the facts.

For customers, Huaxia Insurance has low premiums and comprehensive protection. There are no management fees and no other fees when the money is deposited. If there is something to pay, nothing will be paid safely to the old and return the premium (Huaxia Fu).

For salesmen, the basic law of China is good, the business assessment is easy to pass, and the insurance type is easy to order.

In just a few years, Huaxia has created a "Huaxia speed" that has surprised the insurance industry, with a total premium of 181.5 billion yuan in 2016, ranking fourth in the market.

Each insurance company has its own different types of insurance, and each has its own good! It depends on what kind of insurance you want to buy.

PeaceIt is a long-established insurance company in China, ranking second in terms of premiums in 2019; China Life InsuranceIn 2019, it ranked 4th in terms of market size, with a premium scale of 182.7 billion. The strength of the two insurance companies is comparable!

In fact, the insurance company you can see and hear is good, and the insurance company you don't know does not mean that it is not good. Here's why:

fromSourceSay, inIt is very, very difficult to set up an insurance company in China, at leastThe following three conditions are met

>> to be consistently rich. Money alone is useless, the law stipulates that there must be at least 200 million, but at present, the capital contribution of insurance companies is at least billions.

>> shareholders must be strong. Good reputation, clean industry background, no record of violations of laws and regulations.

>> managers must understand management. Running an insurance company is not so simple, executives need to know strategic planning, and there must be a systematic corporate management mechanism.

However, even if the above three conditions are met, there are not a few, and hundreds of companies queue up to apply every year.

The number of insurance licenses issued every year is still scarce, why?

In other words, every company that can enter the insurance industry to develop insurance products cannot be regarded as a "small company" in the substantive sense. Because they are all chosen by thousands.

So instead of caring about whether the insurance company is good or not, it is better to study the product:

"Top 10 Popular Critical Illness Insurance Points Worth Buying!

To buy insurance, choose the company first, and then choose the product.

The scale and profitability of Ping An can throw off a few streets in China.

Huaxia Insurance is cost-effective, and the after-sales service is also good, depending on the needs of the policyholder.

The strength of China Life Insurance and Ping An Life Insurance in the market is very good, both are insurance companies established after the approval of the China Banking and Insurance Regulatory Commission, and both are subject to the supervision of the China Banking and Insurance Regulatory Commission, so they are both reliable.

1. China Life Insurance.

With a registered capital of 15.3 billion yuan and headquartered in Beijing, Huaxia Life Insurance currently has 24 directly affiliated branches, with a total of 673 branches (including fundraising), 100 million customers and 250,000 manpower. It has been listed in the Fortune Global 500 for two consecutive years. As of the end of June 2022, the company has accumulated a total premium of 100 million yuan, ranking fourth in the market.

According to the 2021 claims data released by China Life Insurance, in 2021, China Life's claims service capabilities continued to improve, with 10,000 claims services throughout the year, with a claim amount of 100 million yuan, a waiver of premiums of 100 million yuan, and odds for small claims.

2. Ping An Life.

Ping An Life is an important member of Ping An Insurance (Group) Co., Ltd. of China. As of the end of 2021, it has 35 branches and 7 ** sales centers across the country, with more than 3,250 business outlets.

About the information of Ping An Life, the senior sister has been sorted out in this article, interested friends can click here to understand: how about Ping An Life, what products are there, which is good, and what problems are worthy of in-depth analysis?

Claims data: In the first half of 2022, Ping An Life paid 2.06 million claims, with a total amount of 20.1 billion yuan, with an average of more than 10,000 claims per day and a compensation amount of over 100 million yuan.

It can be seen that the strength of China Life Insurance and Ping An Life is very good, and they are worthy of everyone's trust, but if you want to buy the right insurance, it is not enough to look at the insurance company.