If they fight together, they never lose!

At present, there are nearly 1 insurance companies in China, and * * * share the cake of the mainland insurance market. Many friends will react to companies that they have never heard of, and their first reaction is, hey, this is a small company. In fact, there are no small insurance companies. Once they put together their parents, they never lose.

Banking, securities and insurance are the three sons of the financial industry, which are related to the lifeline of the country and must be controlled by the state. Just as many banks in the banking industry are controlled by the state, so are insurance companies in the insurance industry. For example, China PICC Group, China Life Insurance Group, China Taiping, China Xinbao and China Reinsurance Group. Many of these companies are insurance giants listed on the mainland, Hongkong and even new york.

First, PICC: * * * and the eldest son of the country

Many friends often refer to PICC as life insurance. In fact, China People's Insurance Company is abbreviated as PICC. Generally speaking, it refers to protecting the whole group, just as Ping An refers to Ping An.

PICC Group, with trillions of assets, is one of the five giant insurance companies in mainland China, with more than 1 companies. PICC Group holds licenses for property insurance, life insurance, health insurance, endowment insurance and reinsurance, and it is PICC P&C that gets the old signboard of "China People's Insurance Company". PICC Life Insurance was established in 25. Compared with the "old five families" such as China Life Insurance and Taikang, it is a junior.

PICC's popularity is far less than Ping An's and China's longevity. This may be related to the low cost of advertising. According to statistics, in 217, Ping An, China Life Insurance, Pacific Insurance and Xinhua spent 27 billion yuan on advertising expenses, with an average of 74.7 million yuan per day. People's Insurance Company of China (PICC) has never been in the top four in advertising fees in the past four years.

Second, the second son, Guo Shou: the old man who trades at a loss

China Life, referred to as Guo Shou for short, is the insurance endorsed by Yao Ming. China Life is also an insurance company engaged in comprehensive finance, holding various insurance licenses in its hands. According to the data of China Life Insurance official website, the company was born out of PICC Life Insurance Co., Ltd.. In 23, China Life Insurance Company was restructured and established China Life Insurance Group and China Life Insurance Co., Ltd. China Life Insurance Group took over the stripped bad assets, and listed the national joint-stock company. Dad from the Ministry of Finance subsidized a sum of money to digest this bad debt for China Life.

The bad assets of China Life should start with the high-yield insurance policies in the 199s. In 1997, affected by the financial crisis, the central bank lowered deposit interest seven times. During this period, however, insurance companies sold a lot of high-yield insurance to ordinary people. Later, the insurance company found that this was a loss-making business and suffered a huge "spread loss".

Third, China Taiping: National Brand

China Taiping Insurance Group, which started in turbulent 1929 and has a history of nearly 9 years, is the oldest local insurance brand in China. China Taiping is headquartered in Hongkong, and currently has 24 subsidiaries, whose business area spans half the world. According to official website data of China Taiping, from 1956 to 1999, Taiping mainly did business abroad. In 21, China Taiping returned to the mainland to start a business.

Some friends will confuse Taiping Insurance and Pacific Insurance, but they are actually different companies.

Fourth, China Xinbao: My father gave me a golden rice bowl

China Export Credit Insurance Corporation, born in 21, is engaged in state-owned policy trading, such as various export credit insurance, overseas investment insurance and domestic trade credit insurance. These insurance products of their family are rarely touched by ordinary people, so we won't talk about them here.

V. Reinsurance in China: the first brother of domestic reinsurance

I have said that insurance companies will also buy insurance. Reinsurance companies are insurance companies that sell insurance to insurance companies and share risks with them. Insurance companies with less strength can buy insurance from reinsurance companies if they sell high-quality products from payout ratio and are afraid of losing them.

domestic reinsurance companies with relatively strong strength, including China reinsurance group. This giant, the reinsurance scale premium ranks first in Asia and eighth in the world. The registered capital of Zhongzai Group is 36.48 billion yuan. The major shareholder's father is Central Huijin Company and michel platini is the Ministry of Finance.

Zhongzai Group has several subsidiaries at home and abroad, including Zhongzai Property Insurance, Zhongzai Life Insurance and China Dadi Insurance.

In the insurance circle, China Life Insurance, Pacific Insurance, Ping An, Taikang and Xinhua are called "Old Five Family". Among them, China Life and Ping An have been grabbing the throne of domestic insurance, which is neck and neck. Next, we will tell their stories. China Life has been introduced before, so I won't repeat it.

1. China Ping 'an: a small expert who made a fortune

Ping 'an started in Shekou, Shenzhen in 1988, and worked as a comprehensive finance company, whose main businesses include insurance, banking and investment. In the eyes of shareholders, Ping An is undoubtedly a good company. Millions of insurance agents and well-rising stocks have made a lot of money for shareholders. The net of peace is very big, and it earns a lot of money. In the first quarter of this year alone, Ping An earned 18.713 billion yuan, more than China Life.

In the insurance circle, Ping An is famous for its shrewdness. However, this smart person has also been planted in a fight. In the 199s, Ping An also sold a large number of high-return policies, which caused great spread loss. In 28, Ping An was robbed of wealth and issued additional shares, and the stock price fell, resulting in a sharp decline in investment ... < P > However, it was the investment-linked insurance storm around 2 that brought the greatest lethality to Ping An. For Ping An, this is a disaster, which has caused unprecedented damage to Ping An's reputation.

coupled with the high marketing cost, their housekeeping products are safe and blessed, and the brand premium rate is so high, which has become the hardest hit area for everyone to vomit, and there may be some unspeakable secrets.

Second, Taikang: Enclosing territory in the medical care market

Taikang, an old insurance company, was founded in 1996. Taikang's profitability is not bad, and its profitability in the first quarter ranks in the first echelon.

in addition to insurance, Taikang is also engaged in asset management and community services for the aged. At present, the insurance companies in the community for the aged include Taikang, Evergrande Life Insurance and Hezhong Life Insurance. Taikang's 12 old-age community businesses have been promoted on different platforms.

in the first half of the year, Taikang also spent more than 2 billion yuan to acquire 51.56% equity of Baibo Medical, which was accused of intentionally digging deep into the big health market.

iii. New China Life Insurance: New China Life Insurance, which was once taken over and now has a market value of over 1 billion

, was founded in 1996 and listed in 211 with a market value of over 1 billion. In 22-23, New China Life Insurance expanded wildly. In one year, it set up 25 branches and 15 branches, and quickly completed the nationwide layout. Today, the insurance company's sales network covers almost all provinces, municipalities and autonomous regions in China.

New China Life Insurance is also too big to (mei) fail (fa). At that time, executives misappropriated large amounts of assets, and internal management was chaotic. New China Life Insurance faced a major crisis. With the "emergency rescue" of the insurance guarantee fund and the introduction of foreign shareholders, New China Life Insurance finally successfully resumed its business order.

Whenever some insurance companies have negative news about their executives, or their solvency is less than 1%, and some salesmen spread rumors that these insurance companies are going to close down or go bankrupt, the seniors always like to mention the takeover of New China Life Insurance: the salesmen who spread such rumors simply despise China's insurance supervision system.

fourth, Pacific Insurance: Dad is a state-owned enterprise in Modu

Pacific Insurance, which is active in the eyes of ordinary people, and is referred to as Pacific Insurance for short in the industry. This company started in 1991. In the early years, the big boss was Bank of Communications, and now the big shareholder is a state-owned enterprise in Shanghai with strong financial resources.

As early as 1999, when the central bank cut interest rates seven times in succession, CPIC, like China Life and Ping An, sold too many high-interest policies and suffered from "interest spread loss".

CPIC is also one of the listed companies. However, the listing of CPIC has been going on for several years. From the beginning, to the crazy expansion, and then to the listing, CPIC has also suffered from insufficient solvency and interest rate loss.

There is a joke about the Laowujia: avoiding Ping × Life Insurance is equivalent to avoiding 3% of the pits, and avoiding the Laowujia is equivalent to avoiding 7% of the pits in the insurance industry ... This statement is too much. It is also a critical illness insurance. Taikang also has good products such as Le Anxin, Le Ankang and Health Appointment. Life insurance, PICC also has excellent term life insurance, which is carefully selected by PICC and is said to be a favorite product of actuaries. Ping An, which has been spit out, and its subsidiaries also have very good products for safe health and safe old-age care. Ping An E Life Insurance and Shenzhen Critical Illness Supplementary Medical Insurance have a good reputation.

clause is the life of insurance. To buy insurance, you should read more terms and less advertisements.

to register an insurance company, you must pay at least 2 million yuan in real money-there are no small insurance companies. The same is true for domestic insurance companies. The shareholders are usually large enterprises that dominate the country, or state-owned enterprises with hard pockets. These domestic life insurance companies, with registered capital of over 1 billion yuan, have a sales network all over the country, and their products are not bad, such as Tianan Life Insurance and Huaxia Life Insurance.

Huaxia and Tianan, with registered capital of 15.3 billion and 14.5 billion respectively, rank 6th and 7th among life insurance companies. Registered capital, but the real money invested by the shareholder father. Being so rich, of course, is related to the fact that two companies are backed by big money owners.

1. Tianan Life Insurance: Tear off the label of "Huagulong"

Tianan Life Insurance was established in 2, and was originally a joint venture insurance company. Later, the foreign mother divorced the Chinese father, and Tianan became a Chinese insurance company.

Tianan Life Insurance, an 18-year-old boy, has been accused by the outside world that it has not made any money for more than ten years. There is a saying in the insurance industry that "seven losses and eight gains", which means that insurance companies may be in a state of burning money seven years before they start business, and they may only make money in the eighth year. According to the data of Tianan Life Insurance in official website, the company entered a profit cycle in 215-it has stopped being a "bone-turning dragon". Others can make money by raising a "bone dragon" for 8 years, and his shareholder father has been raising it for more than 1 years, and his ability is not ordinary.

The money is not as much as that earned by the fifth family, but Tianan Life's share of the money is very frank. At present, the annualized income of Tianan's universal insurance products is about 4.%-5.65%, which is much more than that of many "old five families".

From the data, Tianan Life's service is also improving. For example, in terms of limitation of claims, the average limitation of claims for Tianan Life Insurance in the first quarter was 1.2 days. In March, Ping An Life Insurance Company of China was divided into 1.24 days in the north, and other "old five families" were slower than Ping An Life Insurance Company of China. Is Tianan's claim limitation for the whole quarter still wide?

second, Huaxia life insurance: the dark horse of the insurance industry

Huaxia life insurance was established in 26, with total assets of 44.5 billion yuan in 217. This company is amazing. It took 11 years to make premium income the top ten in the industry.

Huaxia Life is not as famous as the "old five family", but its yield is enviable. According to statistics, among life insurance companies, Huaxia Life ranked in the top ten in terms of actual rate of return in 217. Before making money by universal insurance, Huaxia Life Insurance was criticized. Now this company is undergoing transformation, which makes people look forward to it.

3. Xintai Life Insurance: Jiangnan's "rich family"

Xintai Life Insurance was established in 27 with a registered capital of 5 billion yuan. Generally, the headquarters of old insurance companies like to be located in Beijing, and Xintai Life Insurance is headquartered in Hangzhou. The shareholder's father is a private enterprise, and we regard her as the "daughter" of wealthy businessmen in the south of the Yangtze River. At present, Xintai Life Insurance has nearly 2 branches, mainly distributed in coastal provinces and cities with active economy.

There are many excellent insurance companies in mainland China, such as Evergrande Life Insurance, Hongkang Life Insurance and Centennial Life Insurance.

o Evergrande Life Insurance was born in 26, and its shareholder's father is Evergrande Group. Evergrande's real estate projects are all over China. Like Vanke Group and Country Garden, Evergrande is a well-known large-scale housing enterprise.

o Centennial Life was born in 29, and its major shareholder is Wanda Group, which is also owned by Wang Sicong.

o hongkang life insurance, established in 212, mainly conducts business through e-commerce, bank insurance and intermediary channels. The speed of claim settlement is fast, and the insured amount of a single case is very high. It is a very attractive company.

after China joined the WTO, foreign capital poured into the mainland. According to the regulatory rules at that time, foreign-funded companies and mainland companies set up life insurance companies together, holding the total shares of the company, and the proportion should not exceed 51%. As a result, a large number of joint venture insurance companies have emerged, such as Sino-British Life Insurance, Sino-Italian Life Insurance and Hengan Standard Life Insurance.

the foreign-funded companies that entered the mainland in the early days are all time-honored insurance companies and financial institutions in various countries. Most of the mainland companies "married" with these giants are powerful state-owned enterprises and banks.

I. Banks are joint-venture insurance companies

From 29 to 212, five major banks, including Bank of China, successively acquired different insurance companies with their strong capital strength. For example, Bank of Communications controlled China Insurance Kanglian and changed its name to Bank of Communications Kanglian Life Insurance; Agricultural Bank controlled Jiahe Life Insurance and changed its name to Agricultural Bank Life Insurance. Since then, these banks have not only made loans, but also opened insurance companies.

1. ICBC-AXA Life Insurance: The most talked about is ICBC-AXA Life Insurance. This mixed-race baby born in 212 has excellent genes and a well-off family: the Chinese father is the largest commercial bank in the universe-Industrial and Commercial Bank of China, michel platini is China Minmetals Group, and the foreign mother is the world's largest insurance group-French AXA Group.

2. Everbright Life Insurance: China-Canada hybrid

Everbright Life Insurance was born in 22 and is 16 years old this year. The Chinese shareholders of the company, China Everbright Group, China Ordnance Group and Anshan Iron and Steel Group, are all Fortune 5 companies. Canada Yongming Finance is also an established financial institution, which started in 1865 and has a history of 153 years.

Second, time-honored joint venture insurance companies

Since ancient times, marriage has paid attention to "matching the right households", and the same is true for foreign companies to "propose relatives" in the mainland.

1. Tongfang Global Life: Gao Fushuai of scholarly family

Tongfang Global Life, a Sino-Dutch mixed-race born in 23. The current father is Tsinghua Tongfang, a listed company in Tsinghua University, specializing in high-tech projects, and his business covers five continents. I haven't heard of Tsinghua Tongfang. You must have heard of Tsinghua University, right? Tongfang's global mother is Dutch global life insurance group and multinational life insurance group.

2. Sino-Italian Life Insurance: Mom entered the business for 19 years

In 22, China Oil and Gas Group married Italy Zhongli Group and gave birth to Sino-Italian Life Insurance. China's favorite father PetroChina, a well-known central enterprise, ranked fourth among the world's top 5 companies in 218. Zhongyi's mother Zhongli Group, founded in 1831, has been specialized in insurance and asset management for nearly 19 years.

3. Sino-British Life Insurance: My mother has been in business for 3 years, and her family is well-off.

Sino-British Life Insurance has a deep shareholder base: Grandpa is a central enterprise COFCO, and his family is well-off. COFCO, the largest grain, oil and food export company in China; Mom, Aviva Group, the sixth largest insurance group in the world, is a 3-year-old shop.

4. Hengan Standard Life Insurance: a British-funded product

Hengan Standard Life Insurance, an insurance company established in 23. The company has a sound management style and currently has 1 branches. Hengan standard, Chinese-funded dad is a Tianjin state-owned enterprise; The foreign mother is British Standard Life Aberdeen Group. Standard Life Aberdeen Group, the world's largest