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Will Pacific Insurance Company go bankrupt?
I won't. Insurance companies are not allowed to close down. Even if the business fails, it will be merged by other companies. Follow-up matters will be handled by the state and consumers' rights and interests will be protected.

Pacific Insurance Company:

1. Company strength

China Pacific Insurance Company, referred to as China Pacific Insurance for short, 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 and the third largest life insurance company in Chinese mainland, second only to China Life Insurance and China Ping An. According to the data of the world's top 500 companies published by 19, the Pacific Insurance Ranking 199 is the default "big company, big brand", which just corresponds to their brand slogan: inject a drop of water at ordinary times, and have the Pacific Ocean when it is difficult.

2. Solvency

Judging whether the solvency of an insurance company is up to standard from two hard indicators proposed by the CIRC, namely, the core solvency adequacy ratio is higher than 50% and the comprehensive solvency ratio is higher than 100%. From the data at the end of the third quarter of 20 19, it can be seen that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of Pacific Insurance Company are both 259%, and the latest comprehensive risk rating is A, which can be said to be very stable.

What is the solvency of Pacific Insurance Company in the whole insurance industry? Take a look at this latest list: "which is stronger in the latest solvency ranking of insurance companies?" 》

3. Claim data

Let's take a look at the claim report released by Pacific Insurance Company 20 19. In the whole year, the amount of claims reached/kloc-0.5 billion, the number of claims was about 3 10 million, the odds of small claims reached 99.98%, and the limitation of claims was 0.2 1 day. Many people are worried about buying insurance. "What if they refuse to pay later?" You may be relieved to see these claim data.

4. Product introduction

The main insurance businesses of Pacific Life are as follows: health insurance, accident insurance, life insurance and annuity insurance. Next, I will show you some major products of Pacific Life.