company strength
China Pacific Insurance Company was established in 199 1, headquartered in Shanghai, with a registered capital of 9 billion, and listed on both A shares and H shares. It is the second largest property insurance company in Chinese mainland and the third largest life insurance company in China after China Life and Ping An in China. According to the data of the world's top 500 published by 19, Pacific Insurance is located at 199, and the default is "big company, big brand", which reminds me of the classic advertising slogan: usually a drop of water is injected, and the Pacific Ocean is available when it is difficult.
solvency
As for the solvency assessment indicators of insurance companies, insurance will impose two hard conditions. Only when the core solvency adequacy ratio is higher than 50% and the comprehensive solvency ratio is higher than 100% can it be considered qualified. By the end of the third quarter of 20 19, the core solvency adequacy ratio and comprehensive solvency adequacy ratio of Pacific Insurance Company were both 259%, and the comprehensive risk rating released in the latest issue was A, which was still relatively strong.
So what is the solvency position of Pacific Insurance Company compared with other companies in the industry? I have compiled a list, you can have a look: the solvency ranking of insurance companies is super comprehensive! 》
Claim data
Let's take a look at the claim report released by Pacific Insurance Company 20 19. The number of claims in the whole year reached 365,438+million, and the amount of claims exceeded1500 million. The odds of small claims reach 99.98%, and the limitation of claims is 0.2 1 day. I see many people worry that the insurance company may refuse to pay compensation. After reading this set of claims data, are you relieved?
Product introduction
The main types of insurance operated by Pacific Life Insurance include health insurance, accident insurance, life insurance and annuity insurance.