It's not that serious, just to assist in the investigation. The actual announcement shall prevail. But in any case, it will not affect the insurance purchased by customers.
I checked the solvency reports of various insurance companies in the fourth quarter of 217 disclosed on the website of China Insurance Association. According to incomplete statistics, there are 17 companies with a comprehensive solvency adequacy ratio of 1% to 15%, including 13 life insurance companies and 4 property insurance companies.
among them, life insurance companies include: Centennial Life Insurance Co., Ltd., Hongkang Life Insurance Co., Ltd., Zhujiang Life Insurance Co., Ltd., Huaxia Life Insurance Co., Ltd. and Xintai Life Insurance Co., Ltd.
Happiness Life Insurance Company Limited, ruitai Life Insurance Company Limited, Guohua Life Insurance Company Limited, Qianhai Life Insurance Company Limited, Agricultural Bank Life Insurance Company Limited, Fude Life Insurance Company Limited, Shanghai Life Insurance Company Limited, Tianan Life Insurance Company Limited.
Property insurance companies include Tianan Property Insurance Co., Ltd., Fubon Property Insurance Co., Ltd., Bohai Property Insurance Co., Ltd. and Libao Insurance Co., Ltd..
Extended information:
According to the relevant regulations of the former CIRC, the standards for insurance companies to meet the standards are: the core solvency adequacy ratio should be no less than 5%, the comprehensive solvency adequacy ratio should be no less than 1%, and the comprehensive risk rating should be Class B and above. If any of the above indicators is not up to standard, it is a company whose solvency is not up to standard.
according to the circular, some companies have the problem of inaccurate solvency data. The authenticity check of solvency data shows that some companies have some problems such as false assets, false reserves, false capital, false basic data of comprehensive risk rating and false information disclosure data.
To this end, China Banking and Insurance Regulatory Commission proposed to further improve the implementation mechanism of compensation for the second generation. Complete the authenticity inspection of solvency data, intensify the investigation and punishment of problems found in the inspection, and take strict measures against counterfeit companies. Integrate regulatory resources and establish a normalized solvency data authenticity check system. Continue to promote solvency risk management requirements and assessment (SARMRA) and comprehensive risk rating (IRR).
people's daily online-217 "report card" of solvency of insurance companies: 3 companies failed to meet the standard, and 7 companies failed to meet the standard.