Is China Life Insurance a Chinese life insurance?

Updated on Financial 2024-03-06
21 answers
  1. Anonymous users2024-02-06

    Yes, China Life Insurance refers to Chinese Life Insurance in the industry.

    Chinese Life Insurance (Group) Company is a large state-owned financial and insurance group, which has 8 first-class subsidiaries, including Chinese Life Insurance Shares****, Chinese Life Asset Management****, Chinese Life Property Insurance Shares****, Chinese Life Pension Insurance Shares**** and so on.

    If you want to know which products under Chinese Life are worth insuring, you may wish to see: freshly baked! The top seven [Chinese Life] insurance products in terms of cost performance.

    I believe that many people will think that large companies must be better than small companies, but in fact, they are not.

    In China, if you want to establish an insurance company, you not only need to be very rich and powerful, but also require managers to know how to manage, and after its establishment, it must be subject to the seven major supervision of the China Banking and Insurance Regulatory Commission.

    If you want to know more about this aspect, you can see: Is it better to buy insurance for a large company or a small company?

    Among them, solvency supervision is closely related to consumers.

    The so-called solvency is a standard used to measure whether an insurance company can have enough funds to settle claims after the insured is out of insurance.

    If an insurance company's solvency meets the standard, there is no need to worry about the situation that the insurance company cannot pay.

    According to the regulations of the China Banking and Insurance Regulatory Commission, the core solvency adequacy ratio should not be less than 50%, and the comprehensive solvency adequacy ratio should not be less than 100% and the comprehensive risk rating should be B or above to be considered to meet the standard.

  2. Anonymous users2024-02-05

    No, in the 90s of the last century, the life insurance business of the Chinese People's Insurance Company was separated and divided into two companies, and the life insurance company was China Insurance Life.

    The property insurance is operated by Chinese Insurance Company.

    After entering the 20th century, China Insurance Life changed its name to Chinese Life.

    In the industry, it is referred to as China Life. At present, the three giants in the domestic insurance industry are China Life, which is the only one with the title of China, PICC, which is the only one with the title of the people, and Ping An Group.

    Extended Resources:

    Ranking of China's top 10 insurance companies

    1. Entered the world's top 500.

    of 11 Chinese insurance companies.

    If you want to talk about the comprehensive evaluation of the company, the Fortune 500 ranking is more authoritative. A total of 11 Chinese insurance institutions were selected as one of the Fortune Global 500 in 2021. Among them, China Re is reinsurance, which mainly does business with insurance companies, and we ordinary people can't get in touch.

    The top 10 insurance companies in China are Ping An.

    Chinese Life, Chinese Insurance, China Pacific Insurance, AIA, Taikang Insurance.

    China Taiping, Cathay Financial Holdings, Fubon Financial Holdings, New China Life and China Reinsurance Group.

    2. Top 10 in terms of premium scale.

    Most of the time, what we call the "top 10" is actually based on the size of the premium. Some people say that in the field of life insurance, Chinese life is the only one, in fact, it is not so big, the gap between the second and the third is not large, and the second and third together are more than the boss.

    The top 10 insurance companies in China are Chinese Life, Ping An Life, Taitai Insurance, New China Life, China Life, Taiping Life, Taikang Life, PICC Life, China Post Life and Qianhai Life.

    3. Top 10 solvency.

    Solvency is an indicator of the "solvency" of an insurance company, solvency adequacy ratio = actual capital minimum capital, according to regulatory requirements, this value cannot be less than 100%. Insurers are required to report their solvency to the regulator on a quarterly basis.

    From the perspective of broad categories, insurance companies are divided into life insurance and property insurance companies. We ordinary people are insured, mainly life insurance, especially life insurance companies. The top 10 life insurers in terms of solvency adequacy ratios in 2020 are China Life Insurance, Huahui Life, Dingcheng Life, AIA Life, Sino-US Luen Thai, Minsheng Life, HSBC Life, Hengan Standard, Chinese Life and Xinhua Insurance.

    Among them, there are no big companies such as China Life, Ping An, and Taikang.

  3. Anonymous users2024-02-04

    No, Chinese Life Insurance (Group) (referred to as Chinese Life) is a state-owned super-large financial and insurance company; Headquartered in Beijing, it is one of the world's top 500 enterprises and China's top 500 brands. The predecessor of the company was the original Chinese People's Insurance Company, which was established in 1949, and was divided into China Insurance Life Insurance **** in 1996, and changed its name to Chinese Life Insurance Company in 1999. In 2003, with the approval of *** and the former China Insurance Regulatory Commission, the former Chinese Life Insurance Company was restructured and restructured into Chinese Life Insurance (Group) Company.

    Ping An car owner loan] can get a loan if you have a car, up to 500,000.

  4. Anonymous users2024-02-03

    China Life Insurance is generally the abbreviation of Chinese Life Insurance Group, and Chinese Life Insurance Company is the core member of Chinese Life Insurance Group. Chinese Life Insurance Group is a large state-owned financial and insurance group founded in 1996, and its subsidiary Chinese Life Insurance Company, founded in 2003, is a life insurance company mainly engaged in life, annuity, health and accident insurance.

    If you want to know more about Chinese life, you can poke here: How is Chinese life, what products are there, is it good?

  5. Anonymous users2024-02-02

    China Life and Life are the same company. China Life refers to Chinese Life, that is, Chinese Life Insurance (Group) Company, but it belongs to a different abbreviation. Chinese Life is a leading financial enterprise, a state-owned super-large financial and insurance enterprise company, formerly known as the former Chinese People's Insurance Company, whose business scope covers many fields, including life insurance, property insurance, enterprise and occupational annuity, asset management, industrial investment, overseas business, etc.

    There are many subsidiaries of Chinese Life, and consumers can go to the nearby Chinese Life service outlets to go through insurance-related procedures, or they can apply for insurance products on the official website of Chinese Life.

  6. Anonymous users2024-02-01

    It's the same Chinese Life Insurance (Group) Company (China Life) Chinese Life Insurance (Group) Company and its subsidiaries constitute the largest commercial insurance group in China, the only insurance group in China with assets of more than one trillion yuan, and one of the largest institutional investors in China's capital market.

    In 2008, the total premium income of Chinese Life Insurance (Group) Company and its subsidiaries reached 100 million yuan, and the domestic life insurance business accounted for about the market share of life insurance. The total assets have reached 100 million yuan, and the available funds have exceeded 1.1 trillion yuan. On January 31, 2011, the National Audit Office investigated and dealt with violations in the operation and management of insurance operations by 100 million yuan in the audit of the 2009 assets and liabilities profit and loss of Chinese Life Insurance (Group) Company. Accordingly, the relevant responsible persons shall be dealt with and punished.

  7. Anonymous users2024-01-31

    China Life and Life Insurance are companies, both of which are abbreviations of Chinese Life Insurance Company. The predecessor of the insurance company was the Chinese People's Insurance Company, which was established in 1949 and was restructured into life insurance in 2003 with the approval of the China Insurance Regulatory Commission.

  8. Anonymous users2024-01-30

    The difference between China Life and Life Insurance is that there is only a difference in the name, there is no other difference, the nature of the insurance company is the same, and the main purpose is to deceive and deceive.

  9. Anonymous users2024-01-29

    There is no difference, they are all Chinese life, but the general national life refers to the Chinese life insurance company, and the life insurance generally refers to the Chinese life insurance company.

  10. Anonymous users2024-01-28

    China Life, is the company abbreviation of "Chinese Life Insurance Company"; Life Insurance is the abbreviation of life insurance companies, such as Ping An Life, Taikang Life, Pacific Life, Chinese Life, ...... Life

  11. Anonymous users2024-01-27

    China Life and Life Insurance were originally one company and later separated, and the previous business was different, but now they also overlap.

  12. Anonymous users2024-01-26

    Through the above, it is not difficult to find that the insurance that can be purchased by different ages is different, but basically it is the four categories of critical illness, accident, medical and life insurance. Critical illness insurance: Be sure to buy a mild illness insurance, and there must be a high incidence of mild illness in the mild disease, such as carcinoma in situ, atypical myocardial infarction, coronary interventional artery surgery, mild stroke, etc.; Accident Insurance:

    The sum insured of comprehensive accident insurance must be high enough! What traffic accidents and expiration returns are floating clouds, and they are directly ignored; Medical insurance: medical insurance with no medical insurance, 100% reimbursement ratio, special outpatient clinics, radiotherapy, chemotherapy and targeted ** expenses are reimbursed is really excellent!

    Life insurance: relatively simple, focus on the exemption clause, the fewer the clause, the better, the cheaper the better; Annuity insurance: There is nothing to say, after the protection is perfect, you can buy it as you want.

    Minor illnesses can be paid 3 times, each time paying 20% of the basic sum assured, and the common 8 high-incidence mild illnesses are also included! There is no interval between minor illness claims, and the protection is relatively strong and the protection is sufficient! 3. There is a death benefit in death, no matter what the reason for death, the insurance company will pay the death insurance benefit.

    There is a Minor Illness Waiver for the Insured and a Minor Illness, Critical Illness, Death or Disability Waiver for the Insured! Waiver of policyholder: If the person who pays the money unfortunately suffers from a mild illness, serious illness or disability or death as agreed in the contract, then all the remaining premiums of the contract do not need to be paid.

    The policyholder waiver is very suitable for parents to buy for their children, and if something happens to the parents, at least they can keep the policy for their children, so that the children will not lose their protection due to inability to pay.

  13. Anonymous users2024-01-25

    China Life and Life Insurance are two different names for Chinese Life Insurance Company, and there is no difference between the two.

  14. Anonymous users2024-01-24

    China Life and Life are the same company, there is no difference.

  15. Anonymous users2024-01-23

    They are all the same type of insurance companies, and their business is similar, and only a small part of them are different.

  16. Anonymous users2024-01-22

    The difference between Chinese life and national life is that the front one has two more words than the back one.

  17. Anonymous users2024-01-21

    That is, the difference between one being a and one being b.

  18. Anonymous users2024-01-20

    It's just that the units are different, and the others are basically the same.

  19. Anonymous users2024-01-19

    First of all: Chinese Life Insurance and Chinese Life Insurance are two different companies, Chinese Life Insurance Group is called "Chinese Insurance" (also referred to as "People's Insurance"), and Chinese Life Insurance Shares **** are called "Chinese Life" (also referred to as "China Life").

    Secondly, insurance is divided into life insurance and property insurance, and life insurance protects the life of people - life and death, critical illness, accidental disability, etc., and also comes with some savings functions; Property insurance covers property – cars, family property, business property, etc.

    Third, Chinese Life Insurance is a life insurance branch of Chinese People's Insurance, the full name is "Chinese People's Life Insurance Shares****", and Chinese Property Insurance is a property insurance company of Chinese People's Insurance, the full name is "Chinese People's Property Insurance Shares****".

    Fourth, the name of Chinese Life Insurance is relatively vague, it is estimated that it is Chinese Life Insurance Group, which is also divided into Chinese Life Insurance Shares **** (Life Insurance) and Chinese Life Property Insurance Shares **** (Property Insurance).

    Fifth, PICC is the logo of the Chinese People's Insurance Group, which will be used by its life insurance and property insurance companies. The small print below is different, which are "Chinese Insurance Property Insurance" and "Chinese Life Insurance".

    Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

  20. Anonymous users2024-01-18

    Hello, there is no relationship between Chinese Insurance and Chinese Life Insurance, they are different enterprises, and their main business is to sell insurance. 1.Chinese Insurance and Chinese Life Insurance are not directly related, they are different enterprises and belong to different groups; 2.

    The main business of Chinese Insurance Company and Chinese Life Insurance is insurance sales, and they have a direct competitive relationship; 3.The insurance market is very competitive, the market has basically reached saturation, and the current insurance business is not easy to do. With the development of China's economy and the enhancement of people's awareness of safety, the insurance business has grown very fast in the past ten years, and the insurance business after rapid development is also in a saturated state, the competition for insurance performance is becoming more and more fierce, and the insurance sales are becoming more and more difficult.

    1. There is no relationship between Chinese People's Insurance and Chinese Life Insurance Chinese Insurance: Chinese People's Insurance Group Shares ****, established on October 20, 1949; The full name of Chinese Life Insurance (Group) Company is Chinese Life Insurance (Group) Company, which was established in 1996, and the two companies belong to different groups, and there is no direct relationship between them, and the time gap between their establishment is also very large. Second, the main business of Chinese Insurance and Chinese Life Insurance is insurance salesChina's rapid economic development, more and more families have spare money in their hands will consider health issues, in order to avoid risks to the greatest extent, they will make some insurance investment.

    The main business of Chinese Insurance and Chinese Life Insurance is insurance sales, they are competitive in the market, both enterprises are developing well, in the insurance market development in a leading position, consumer recognition of them is relatively high. Third, the insurance market competition is very fierce, the market has basically reached a saturated state of insurance market after more than 10 years of development, people have a very good understanding of the insurance business, people who buy insurance have basically reached a saturated state, the insurance business to continue to grow at a high speed is more difficult, so this industry is not a lot of opportunities now, and the average person is not willing to engage in insurance sales, the main reason is that it is difficult to develop the market.

  21. Anonymous users2024-01-17

    China Life and Life Insurance are companies, both of which are Chinese Life Insurance Companies.

    Abbreviation! The predecessor of the insurance company was the Chinese People's Insurance Company, which was established in 1949 and approved by the China Insurance Regulatory Commission in 2003.

    Approved the establishment of the company for restructuring and restructuring into life insurance.

    Chinese Life Insurance Shares****.

    China Life Insurance) is a large state-owned financial and insurance enterprise, established on October 20, 1949. It is the largest commercial insurance company in China.

    The Group is listed in New York, China A-share and Hong Kong. Chinese Life is an important institutional investor in China's capital market.

    The business scope covers life insurance, asset management, industrial investment, overseas business and other fields.

    Test your anti-risk index, experts will interpret it for you for free!

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