How about Bohai Life Insurance, is Bohai Life Insurance Co., Ltd. reliable

Bohai Life Insurance is a rising star in the domestic insurance industry, which has been established for eight years, and has gradually become the backbone of the insurance industry with its high-quality product output.

Since so many people are interested in Bohai Life Insurance Company, I will give you a detailed analysis. If you are in a hurry, you might as well take away the key points of the evaluation: How is Bohai Life? Is the product worth buying? The answer is all in this article!

Founded in December 2014, Bohai Life Insurance Co., Ltd., the full name of Bohai Life Insurance Co., Ltd., is the first professional life insurance company headquartered in Tianjin Free Trade Zone.

The main shareholders of Bohai Life Insurance Co., Ltd. are composed of modern enterprises such as Bohai Leasing Co., Ltd. and Tianjin Tianbao Holdings, with a registered capital of up to 13 billion yuan, and its main business scope includes general insurance (including life insurance and annuity insurance), health insurance, accident insurance, participating insurance, universal insurance and other life insurance businesses.

As of the first half of 2022, Bohai Life's total assets exceeded 54.9 billion yuan, serving more than 1.57 million customers, and providing insurance protection with a cumulative insurance amount of nearly 105845 billion yuan for the society.

In addition to the strength background, we can also examine the strength of Bohai Life Insurance from these places: when we look at insurance companies, what do we look at?

Next, I will analyze the solvency situation of Bohai Life to see if Bohai Life has the ability to make claims for our policy.

From the perspective of Bohai Life's solvency in the second quarter of 2022, its core solvency adequacy ratio and comprehensive solvency adequacy ratio have reached the same level, and the latest risk rating is C.

In addition to failing to meet the risk rating, Bohai Life's various indicators exceeded the minimum standards set by the China Banking and Insurance Regulatory Commission (core solvency adequacy ratio of 50%, comprehensive solvency adequacy ratio of 100%, and risk rating of B and above).

So, how does Bohai Life's solvency rank among domestic insurers? You can learn through this solvency ranking list: the solvency ranking list of the most complete insurance companies in 2022!

According to the solvency report for the second quarter of 2023, its core and comprehensive solvency adequacy ratios are in line with the requirements of the China Banking and Insurance Regulatory Commission.

By the end of 2022, the company's overall tax payment exceeded 100 million yuan, served more than 1.6 million customers, provided insurance protection with an insurance amount of nearly one trillion yuan for the society, accepted more than 370,000 customer claims and closed cases, and provided insurance compensation protection of nearly 100 million yuan.

When choosing insurance, it is best to choose a strong insurance company to insure, Ping An is the first brother of China's insurance industry, and Ping An is the first brother to buy insurance. Buy with confidence, keep at ease.

Hello! Each insurance has its own advantages, just to see which company's products are most helpful to you, welcome to learn about Hengan Standard Life, parts products, very suitable for you, thank you!

Compare the total amount of payment and income, the income is good, stable, and the first element of choice.

Minsheng Life Insurance has the highest yield in the same industry.

China Life Insurance is your best lover!

Come to the premium department of New China Insurance.

Bohai Life Insurance Company is reliable. The registration threshold in mainland China is relatively high, and the registered capital of more than 200 million yuan needs to be paid in order to be established, and the registered capital of Bohai Life Insurance has reached 13 billion yuan. Moreover, Bohai Life Insurance has always been strictly supervised by the China Banking and Insurance Regulatory Commission, and is a relatively reliable insurance company.

How about Bohai Life? Is the product worth buying? The answer is all in this article!

Founded in 2014, Bohai Life Insurance is the first life insurance company headquartered in the Tianjin Free Trade Zone. Bohai Life Insurance has also been ranked among the "Top 500 Service Enterprises in China" for many years and ranked among the "Top 100 Enterprises in Tianjin". It is a strong insurance company.

The main types of insurance are mainly health insurance, life insurance, accident insurance, etc. For example, Forward Worry-free Incremental Whole Life Insurance (Roughly Talking about the Creation Version), Fushou Tianjin Whole Life Insurance, etc., are currently selling hotly. Space is limited, so the senior sister will take the increased whole life insurance of Qianxing Worry-free Whole Life Insurance (Genesis Version) as an example to tell you how the product protection of Bohai Life Insurance is.

For those who don't know much about increased whole life insurance, you can take a look at this popular science article first:

What is the sacredness of [increased whole life insurance] that can manage money and protect it? Is it worth starting?

In addition to the death or total disability benefit, the protection content of Forward Worry-Free Whole Life Insurance (Genesis Version) also includes the accidental death or total disability benefit of holiday transportation. If the insured dies or becomes totally disabled in an accident involving a rock limb collision on a national statutory holiday, the insurance company will pay a sum of money as compensation in addition to the death or total disability insurance benefits, which is more powerful. However, it should be noted that the waiting period for this product is 180 days, and it is important to know that some similar products on the market have a waiting period of 90 days.

Want to apply for Bohai Life Forward Worry-Free Whole Life Insurance (Genesis Edition)? Read the article before deciding!

Reliable. As usual about whether the insurance is good or not and whether it is reliable, you will first affirm that your insurance company in China is reliable. Because in the insurance industry, there is a section called "China Insurance Regulatory Commission."

referred to as the CIRC) will be in accordance with laws and regulations.

Unified regulation of China's insurance market. In other words, insurance companies, insurance products, insurance sales, and claims settlement will be supervised by the Insurance Authority.

Bohai Life Insurance was established in 2014 and is the first headquarters to settle in the Tianjin Free Trade Zone.

professional life insurance company.

To set up an insurance company in China, you can't do it without money. According to Article 7 of the Regulations on the Administration of Insurance Companies, the registered capital of an insurance company shall not be less than RMB 200 million and must be paid-in monetary capital. The registered capital of Bohai Life Insurance.

It is 13 billion yuan, and the total assets as of the end of 2020.

More than 43.5 billion yuan, providing a cumulative amount of insurance for the society.

Nearly 600 billion yuan of insurance protection.

China Banking and Insurance Regulatory Commission. There are hard indicators for the solvency of insurance companies: the core solvency adequacy ratio is 50%; Comprehensive solvency adequacy ratio of 100%; The overall risk rating is B or above.

In the latest solvency report released by Bohai Life Insurance, all three indicators are up to standard, and it is a solvency company.

Solvency is a fundamental indicator that must be considered when measuring the financial health of an insurance company. Solvency is the ability of the insurer to repay its debts. The company's assets must be greater than its liabilities, and the difference between the total value of the authorized assets and the liabilities is the policyowner's surplus.

In order to confirm that insurers are not inflating their policyowner surpluses, regulators require them to adopt conservative accounting procedures. These procedures only allow insurers to reflect authorized assets in their financial statements.

Above. There are certain types of authorised assets that can be easily converted into cash. The accounting procedures that insurers must adopt also require insurers to present loss reserves and unearned premium reserves as liabilities.

Solvency is the ability of an insurance company to clear its debts and pay its debts. The insurance company should have the capital appropriate to its risk and business scale, and ensure that the solvency adequacy ratio is not less than 100%. Solvency adequacy ratio = actual capital of the insurance company Minimum capital.

The actual capital of an insurance company refers to the difference between authorized assets and authorized liabilities.

The minimum capital of an insurance company refers to the amount of capital that an insurance company should have in order to absorb the adverse impact of asset risks, underwriting risks and other related risks on solvency according to the requirements of the regulatory authorities. To put it simply, the company's premiums have grown too fast in the past two years, and in the absence of increasing the registered capital, the more premiums, the lower the solvency credit leakage rate, but everything is within the scope required by the Insurance Regulatory Commission.

Summary. Hello, Bohai Life Insurance**** is reliable. Founded in 2014, Bohai Life Insurance is the first professional life insurance company headquartered in the Tianjin Free Trade Zone.

Hello, Potato Spine Chi Bohai Life Insurance has a limited number of Wild Cong Company is reliable in the number of Li. Founded in 2014, Bohai Life Insurance is the first professional life insurance company headquartered in the Tianjin Free Trade Zone.

Bohai Life Insurance Co., Ltd. was established on December 18, 2014, and its registered place is located in Room 308, 3rd Floor, Enterprise Service Center, No. 1 Second Street, Airport International Logistics Zone, Tianjin Free Trade Zone (Airport Economic Zone), and its legal representative is Lv Yingbo. The business scope includes general insurance, including life insurance and annuity insurance; Health insurance; accident insurance; participating insurance; universal insurance; reinsurance business for the above businesses; The use of insurance funds permitted by national laws and regulations; Other businesses approved by the China Insurance Regulatory Commission (projects subject to approval in accordance with the law, and can only be carried out after approval by relevant departments) Bohai Life Insurance Co., Ltd. has invested in 15 companies and has 6 branches.

Summary. 2. SolvencySolvencySolvency is a dynamic indicator that measures whether an insurance company has the ability to repay debts. In order to pass solvency, all three conditions must be met:

The core solvency adequacy ratio is above 50%; The comprehensive solvency adequacy ratio is above 100%; The overall risk rating is B or above. From the report of Bohai Life Insurance in the first quarter of 2022, it can be seen that its core solvency adequacy ratio is a comprehensive solvency adequacy ratio, and the latest comprehensive risk rating is C. Some friends saw that Bohai Life's comprehensive risk rating did not reach Class B, and they were worried that the insurance company would go bankrupt and collapse due to poor management in the future.

In fact, you don't have to worry, generally speaking, insurance companies will not go bankrupt so easily.

Hello, I am very honored to answer for you, although the popularity of Bohai Life Insurance is not as high as that of some domestic insurance companies, and the establishment of Friends is not particularly long, but the strength of this insurance company should not be underestimated.

2. SolvencySolvencySolvency is a dynamic indicator that measures whether an insurance company has the ability to repay debts. In order to pass solvency, these three conditions must be met at the same time: the core solvency adequacy ratio must be above 50%; The comprehensive solvency adequacy ratio is only above 100%; The overall risk rating is B or above.

From the report of Bohai Life Insurance in the first quarter of 2022, it can be seen that its core solvency adequacy ratio is a comprehensive solvency adequacy ratio, and the latest comprehensive risk rating is C. Some friends saw that Bohai Life's comprehensive risk rating did not reach Class B, and they were worried that the insurance company would go bankrupt and collapse due to poor management in the future. In fact, you don't have to worry, generally speaking, insurance companies will not go bankrupt so easily.

Bohai Life Insurance **** is still relatively reliable.

Bohai Life Insurance Company is inferior to large domestic insurance companies in terms of company strength and scale; However, Bohai Life Insurance has indeed made a lot of efforts for market share in recent years, and has launched many cost-effective products, which have made many consumers excited. The scale of Bohai Life Insurance is not large, but it can operate normally, which also means that it is a reliable insurance company, after all, the China Banking and Insurance Regulatory Commission supervises major insurance companies.

Founded in 2014, Bohai Life Insurance is mainly engaged in general insurance products such as life insurance, annuity insurance and health insurance. Bohai Life Insurance has been included in the list of China's top 500 service enterprises in 2019, and it still has a certain strength in general.

Precautions for Bohai Life Insurance

1. Policy Sum Insured: Many times we buy insurance is to buy an amount of insured, the higher the amount insured, the better protection it can naturally give us; However, when we apply for insurance, we cannot blindly pursue a high sum insured, after all, we also need to bear a higher premium behind the high sum insured; Therefore, you should also pay attention when choosing the sum insured.

2. Policy exemption clause: The exemption clause is exempted from liability by the insurance company in the policy contract, and this part must be paid more attention to see if the insurance company has increased the unreasonable part.

3. Policy waiting period: Most insurance products will have a waiting period, especially Yu Bao Huiqi is a type of critical illness insurance product, and its waiting period will be relatively long; If the need for protection is urgent, then it is recommended to choose a product with a shorter waiting period.

Founded in December 2014, Bohai Life Insurance Co., Ltd. (hereinafter referred to as "Bohai Life") is the first professional life insurance company headquartered in Tianjin Free Trade Zone. The business scope is small, only in Tianjin, Beijing and Hebei with the main branch and branches, a total of 6. So far, Bohai Life has served about 910,000 customers.

It can be seen that the scale of the company and the fast core service team are not large. Let's talk about its market capitalization. The registered capital of the company is 13 billion yuan.

As of the first half of 2020, the company's total assets exceeded 41.1 billion yuan, serving about 1.01 million customers. It is worth mentioning that at the end of the second quarter of this year, Bohai Life Insurance achieved a breakthrough in the insurance business, with a premium income of 100 million yuan, an increase over the same period last year, and the completion of the budget task was good. In addition, Bohai Life Insurance has also made a certain improvement in the overall market share of the industry, that is, the original premium income ranks 42nd, an increase of 5 places from the end of 2019.