Ranking of Agricultural Insurance Co., Ltd.

Top 10 competitiveness of mainland life insurance companies in 2016

First place: China Life Insurance Co., Ltd.

As the largest insurance company in mainland China, China Relying on its huge market scale, Life Insurance has ranked first in competitiveness rankings for many consecutive years. In this annual report, although China Life's ranking in the capital adequacy test dropped to 77 from 59 last year, its market size, which ranks first in Asia, provides strong support for its overall ranking. In terms of other indicators, China Life has basically remained stable, only fluctuating between 1 and 3 places.

Second place: Ping An Life Insurance Co., Ltd. of China

Although Ping An Life has been ranked second in the Chinese mainland market for many years, in the 2015 ranking, its ranking in the Asian market dropped from The third place rose to the second place in Asia, successfully surpassing South Korea's Samsung Life Insurance. Its market size test maintained its third place in Asia last year; its stability test ranking and capital test ranking both increased significantly. Its stability ranking rose from 26th in Asia last year to fourth in Asia this year; its capital test ranking also rose from 48th last year to 26th.

Third place: China Pacific Life Insurance Co., Ltd.

Pacific Life Insurance, which ranks third in the Chinese mainland market, also maintains its fourth position in Asia this year. In the 2015 rankings, Pacific Life Market Scale Test continued to rank seventh in Asia. However, its capital test ranking fell from second place in Asia to 26th; stability test has increased this year, from 45th last year to 31st this year. The remaining indicators remained basically stable, fluctuating slightly.

Fourth place: New China Life Insurance Co., Ltd.

New China Life’s competitiveness ranking this year also continues to maintain the fifth place in mainland China and Asia. In the 2015 rankings, New China Life's market size test ranking was the same as last year, ranking sixth in Asia. Its capital test ranking continued to rise. This year, its capital test ranking rose from third in Asia to first in Asia. However, in this year's study, its stability test ranking, liquidity ranking and compensation reserve ranking all declined slightly.

Fifth place: Taikang Life Insurance Co., Ltd.

Taikang Life’s ranking in mainland China this year remains unchanged, but its ranking among the top ten in Asia has been affected by two companies in Taiwan, China. dropped two places due to its good performance, ranking eighth in Asia. In the 2015 ranking, its market size surpassed that of the People's Life Insurance Company of China, causing its ranking to rise one place to tenth in Asia. In addition, its profitability test has also increased to a certain extent, rising from 60th last year to 42nd. However, its capital test, compensation reserve test and stability test rankings have all declined, especially its stability test, which dropped 25 places, ranking 37th in Asia this year.

Sixth place: People's Life Insurance Company of China Co., Ltd.

Similar to Taikang Life, PICC Life fell one place among Asia's top ten this year, ranking ninth. In the 2015 ranking, the market size test was overtaken by Taikang Life Insurance, and the ranking fell one place to 11th in Asia. Although its premium income ranks ahead of Taikang Life and fifth in mainland China, its total assets are only 345 billion yuan, about 50% lower than Taikang Life. In the remaining sub-rankings this year, its capital test and profitability test rankings have risen by more than ten places, rising to 15th and 74th in Asia respectively. However, the stability test and financial liquidity test declined slightly, falling to 19th and 133rd respectively.

Seventh place: Fude Life Insurance Co., Ltd.

In the 2015 ranking, Fude Life Insurance rose two places in the ranking of life insurance companies in mainland China. It also broke into the top ten life insurance companies in Asia for the first time in Asia, climbing from 25th to 10th in Asia. Its market size test ranking continued to rise to 17th; its stability ranking performed well this year, ranking second in Asia, with an increase of 41 places.

Eighth place: Taiping Life Insurance Co., Ltd.

Taiping Life Insurance’s 2015 competitiveness ranking fell one place in mainland China due to the rise of Fulde Life Insurance. However, its Its ranking in Asia rose by 5 places to 13th in Asia.

In the 2015 rankings, Taiping Life rose one place to 14th in Asia in the market size test, and rose 20 places to 62nd in the profitability test. However, its stability ranking has declined somewhat, falling out of the top 100; other sub-category rankings have basically remained stable.

Ninth place: Ping An Pension Insurance Co., Ltd.

Ping An Pension successfully entered the top ten last year from the 11th place in the 2013 ranking, and this year it moved up the ranking to China Mainland ninth. In this year's sub-category rankings, Ping An Pension has declined in the capital adequacy test, and its rankings in various tests have improved to varying degrees. Among them, the ranking in the market size test has risen by one place compared with last year, ranking 63rd in Asia; in the stability test There has been a certain increase in the rankings in the capital liquidity test. In particular, the stability test has increased significantly, ranking sixth in Asia.

Tenth place: Sino-American Luen Tai Metropolitan Life Insurance Co., Ltd.

Although Sino-American Luen Tai Metropolitan Life Insurance Co., Ltd. maintained its ranking in the top ten in mainland China this year, it ranked third in Asia. There was a slight decline. Mainland China fell two places in the rankings and fell six places in the Asian rankings, falling from 21st to 27th last year. In this year's ranking, all its indicators have declined to varying degrees, especially the market size test ranking, which dropped 5 places to 72nd in Asia; the compensation reserve test ranking dropped 17 places to 101; the capital liquidity test ranking The ranking dropped 47 places to 92nd.

Top 10 competitiveness rankings of mainland property and casualty insurance companies in 2016

First place: PICC Property & Casualty Co., Ltd.

In the 2015 ranking, PICC Property & Casualty Co., Ltd. The market size test ranking of the insurance company still ranks first without any suspense, which is enough to ensure its first position among non-life insurance companies in Asia and mainland China. Its huge market share has always been a strong support for its leading position in the Asian non-life insurance market. In this year's sub-category rankings of PICC, the capital adequacy test has increased significantly, rising to 92nd in Asia, an increase of 33 places.

Second place: Ping An Property & Casualty Insurance Company of China Co., Ltd.

Ping An Property & Casualty Insurance Co., Ltd., which ranked second among non-life insurance companies in mainland China in 2015, surpassed Samsung Fire and Marine Insurance Company of South Korea in Asia. , ranking second in Asia. Its market size, which has been ranked third in Asia for five consecutive years, has always been a strong support for its high ranking, and the company's development level is very stable. In the 2015 ranking, all indicators remained stable, especially the stability ranking, which rose from 18th in Asia to first in Asia.

Third place: China Pacific Property & Casualty Insurance Co., Ltd.

Pacific Property & Casualty Insurance Co., Ltd. continues to maintain its position as the third largest non-life insurance company in mainland China and the fourth in Asia due to its market size. It continued to maintain the fourth position in Asia in the test, and the stability test also rebounded to Asia 47, an increase of 26 places, but the remaining test rankings all dropped by about 30 places.

Fourth place: China United Property & Casualty Insurance Co., Ltd.

China United Property & Casualty Insurance Co., Ltd. ranked fourth among mainland China’s non-life insurance companies in 2015. Due to the company’s financial report for fiscal year 2011 showing a net loss The asset has a negative value, which affects its stability test indicator, so it has not been ranked before. China United Property & Casualty Insurance, which entered the ranking sample for the first time this year, ranked eleventh in the market size test. It also ranked very high in the stability test this year, ranking eleventh in Asia.

Fifth place: China Continent Property & Casualty Insurance Co., Ltd.

The ranking of Continent Property & Casualty Insurance Co., Ltd. rose from sixth to fifth in 2015; its Asian ranking rose significantly, from 20th to 20th. 9th, successfully entered the top ten in Asia. Although its market size ranking dropped by three places to 15th in Asia, its stability test, liquidity test and capital adequacy test rankings all increased significantly. In particular, its stability test ranking rose by 30 places, ranking 13th in Asia.

Sixth place: China Life Property & Casualty Insurance Co., Ltd.

Compared with the previous year’s ranking, China Life Property & Casualty Insurance’s ranking in mainland China fell by two places this year. Its ranking in Asia has declined even more significantly, falling out of the top ten from ninth in Asia last year to 21st in Asia. The main reason is that its stability ranking dropped from 56 last year to 183. China Life Property & Casualty Insurance ranked 10th in Asia in the market size test, keeping its overall ranking among the top 30 in Asia.

Seventh place: Huaan Property & Casualty Insurance Co., Ltd.

Huaan Property & Casualty Insurance Co., Ltd. continues to maintain the seventh place in mainland China, but its Asian ranking dropped two places to 24th.

In the sub-category rankings of Huaan Property & Casualty Insurance in 2015, its market size remained unchanged and ranked 25th in Asia. However, the rankings of loss reserve test and capital liquidity test both declined to a certain extent, falling to 77th and 52nd in Asia respectively. , however its stability test ranking has increased to 49th.

Eighth place: Sunshine Property & Casualty Insurance Co., Ltd.

Sunshine Property & Casualty Insurance missed the top ten in mainland China by one place last year. This year, due to the decline of Guoyuan Agriculture and its own market The increase in scale and stability has allowed it to rise 3 places into the top ten in this year's mainland China rankings. Its ranking in Asia has also been greatly improved, from 46th in Asia to the top 30 and ranked 27th in Asia.

Ninth place: Huanong Property & Casualty Insurance Co., Ltd.

Huanong Property & Casualty Insurance Co., Ltd. entered the top ten in mainland China for the first time this year, rising 12 places from 21st last year. Its ranking in Asia also rose from 84th to 33rd. Although its market size ranking is not high, its liquidity test ranking has improved from 11th last year to third in Asia; its stability ranking has also increased significantly, from 115th last year to 39th this year; capital adequacy There has also been a certain increase in the test ranking, rising from 42nd to 32nd last year.

Tenth place: Sunshine Agricultural Mutual Insurance Company

Sunshine Agricultural rose 5 places in the non-life insurance rankings in mainland China this year, rising from 15th last year to 11th. Its ranking in Asia has also risen from 56th to 36th. Sunshine Agricultural Mutual Insurance Company was established in 2005. In the 2015 ranking, Sunshine Agricultural Insurance's biggest increase was in its liquidity test, with its ranking rising from 177th last year to fourth in Asia; however, its stability ranking dropped significantly, from sixth last year to 113th.

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