How about New China Life Insurance If you invest in it, you will gain it

Xinhua Insurance Company is a well-known insurance company in China, with many branch outlets. Most of the insurance that Xinhua is buying is life insurance, critical illness insurance, annuity insurance and other life insurance business.

To understand the company, you have to understand how the company's products are. The insurance products that Xinhua is selling are not too problematic except for individual products. Specifically, let's take a look at the critical illness insurance promoted by this company

As can be seen from the figure, the Healthy C1 has the following advantages:

1. In the first 10 years of the benefit period, 120% of the basic sum assured will be paid if you are diagnosed with critical illness or death.

2. If you are unfortunate enough to suffer from 6 specific diseases, such as brain cancer, pancreatic cancer, etc., you can get 120% of the basic sum insured.

But this product still has certain flaws:

1. The cost performance is not good, and the content of the guarantee is not particularly matched. With a premium of about 10,000 yuan, I can buy several single-claim critical illness insurance.

2. The claim amount for mild illness is too small. With a premium of more than 10,000 yuan, the claim rate for mild cases is only 20%, which is really not worth it.

It is advisable to look before purchasing critical illness insurance.

That's my insight on this issue, and I hope it will be useful to you.

Hello. New China Life Insurance: New China Life Insurance Co., Ltd. **** is one of the leading enterprises in the Chinese and filial piety insurance industry.

Its main business and characteristics are as follows:1New China Life's main business is life insurance, including life insurance, health insurance, accident insurance and annuity insurance.

The company's premium income and insurance business scale rank among the top in the Chinese life insurance industry. 2.New China Life Insurance has strong strength and extensive channel network.

Its parent company is Naluo Xinhua Insurance Group, which has strong strength; It has established long-term strategic cooperative relations with a number of commercial banks and other institutions, and has a wide range of sales channels. 3.New China Life Insurance has strong product innovation capabilities and market cultivation capabilities.

The company continues to launch new insurance products such as endowment insurance, critical illness insurance, and children's insurance, which are out of draft to better meet the insurance needs of different consumers. 4.New China Life adopts a multi-channel sales model based on telemarketing and mobile Internet sales.

Telemarketing centers and mobile clients are its main customer service and trading platforms, which entered the digital transformation early.

Summary. Founded in September 1996 and headquartered in Beijing, Xinhua Life Insurance Co., Ltd. (hereinafter referred to as Xinhua Insurance Company or New China Life) is a large-scale life insurance company. In 2011, New China Insurance was simultaneously listed on the Hong Kong Stock Exchange and the Shanghai ** Stock Exchange, with 601,336 A shares and 01,336 H shares.

In 2013, the company achieved insurance business income of RMB 100 million, the company's total assets reached 100 million yuan, achieved positive growth in premium income, and continued to maintain the top three position in the domestic life insurance industry. In 2014, the company achieved insurance business income of RMB 100 million, the company's total assets reached 100 million yuan, achieved positive growth in premium income, continued to maintain the top three position in the industry, and was shortlisted in the Forbes Global 500 for the first time in 2014. [1]

Company name. New China Life Insurance Shares****.

Foreign name. new china life insurance company ltd.

Founded. September 1996.

Headquarters location. Beijing.

Scope of business. Insurance.

Please wait. Founded in September 1996 and headquartered in Hengshi City, Beijing, Xinhua Life Insurance Co., Ltd. (hereinafter referred to as Xinhua Insurance Company or Xinhua Life) is a large-scale life insurance company. In 2011, Xinhua Insurance was listed on the Hong Kong Stock Exchange and the Shanghai ** Stock Exchange at the same time, with 601,336 A shares and 601,336 H shares, and the company's total assets reached 100 million yuan, achieving positive growth in premium income and continuing to maintain the top three position in the domestic life insurance industry.

In 2014, the company achieved insurance business income of RMB 100 million, the company's total assets reached 100 million yuan, achieved positive growth in premium income, continued to maintain the top three position in the industry, and was shortlisted in the Forbes Global 500 for the first time in 2014. [1] Company name: New China Life Insurance Co., Ltd. **** Foreign name: New China Life Insurance Company LtdEstablished in September 1996, headquartered in Beijing, business scope insurance.

New China Insurance is reliable! Judging from the time of its establishment, Xinhua Insurance has been established for a long time and is quite famous in the industry.

Besides, in China, the insurance companies established are all supervised by the China Banking and Insurance Regulatory Commission, and Xinhua Insurance is no exception.

Next, Qiuyang will introduce this company to you.

Friends who don't know how to understand insurance companies with pure hands, you can take a look at this article: When we look at insurance companies, what do we want to see?

1. The strength of the company.

Founded in September 1996, Xinhua Life Insurance Co., Ltd. is a state-controlled listed life insurance company, a company directly managed by CIC and one of the Fortune and Forbes Fortune 500 companies.

The main shareholders of Xinhua Insurance are ** Huijin Investment Co., Ltd., China Baowu Iron and Steel Group, etc. In 2011, New China Insurance was simultaneously listed on the Shanghai ** Stock Exchange and the Hong Kong Stock Exchange.

2. Solvency.

In order to pass solvency, all three conditions must be met: the core solvency adequacy ratio must be 50% or above; The comprehensive solvency adequacy ratio is 100% or above; The overall risk rating is B or above.

According to the third quarter report of Xinhua Life Insurance Co., Ltd. in the third quarter of 2022, its core solvency adequacy ratio is a comprehensive solvency adequacy ratio, and the latest comprehensive risk rating is AA.

It can be seen that the solvency of Xinhua Life Insurance shares is reliable.

New China Life Insurance is one of the leading insurance companies in China, established in 1996 and a wholly-owned subsidiary of New China Insurance Group Co., Ltd. Adhering to the business philosophy of "integrity, innovation, service, and mutual stimulation and win", New China Life is committed to providing customers with high-quality insurance products and services.

According to data released by the China Insurance Regulatory Commission, as of the end of 2021, New China Life's total assets exceeded one trillion yuan, and the return on equity investment ranked among the top in the industry. At the same time, New China Life has also won the honorary titles of "Best Investment Value Award of Financial Institutions" and "Most Socially Responsible Insurance Company" for many times.

To sum up, judging from the macro data and industry evaluation, the strength and stability of Xinhua Life Insurance have been affirmed, so it can be considered that Xinhua Life Insurance is relatively reliable. Of course, when choosing an insurance company, you need to consider your own needs and the insurance company's various indicators to make the best decision.

Founded in September 1996, New China Life Insurance is a formal insurance company approved by the China Banking and Insurance Regulatory Commission. For those who don't know much about Xinhua Insurance, you can read this article first:Is Xinhua Insurance good?

The company is revealed, and the products are peeled, all in this article!

However, if we want to know whether New China Life is good or not, we can judge it from the two perspectives of solvency level and claims service. If you don't know how to judge whether an insurance company is good or not, you can read this article first:When we look at insurance companies, what exactly do we look at?

First of all, New China Life Insurance's quarterly solvency report for the third quarter of 2022 shows that its core solvency adequacy ratio has reached in the third quarter of 2022, and its comprehensive solvency ratio has been reached, and the latest comprehensive risk rating is AA, all of which meet the standards of the China Banking and Insurance Regulatory Commission. If you want to know what position the solvency of New China Life Insurance is in among many insurance companies, you can take a look at this solvency ranking:2022 Most Complete Insurance Company Solvency Ranking List!

Secondly, in terms of claims services, New China Life Insurance has always adhered to the concept of "quick management of Yanzhi He Compensation and excellent service", and provided claims services for 3.13 million people in 2022, with a cumulative compensation amount of 13.5 billion yuan. In terms of the timeliness of claims, it only takes one day from application to closure of New China Life Insurance, and the fastest case is only 12 seconds. In addition, Xinhua Insurance is also actively exploring smart claims settlement, using a powerful AI adjustment engine, with 300,000 smart claims cases in 2022 and a crude compensation amount of 100 million yuan.

It can be seen that the claims service of Xinhua Insurance is quite good. Hope!