ICBC AXA Life Insurance won the Best Bank based Life Insurance Company of the Year .

Mondo Finance Updated on 2024-01-31

On December 27, the press conference of the 2023 China Financial Institutions Gold Medal List and Golden Dragon Award List was held in Beijing. ICBC AXA Life Insurance won the "Best Bank-based Life Insurance Company of the Year" award for its outstanding performance in transformation and development and serving the people.

The Golden Dragon Award for the Gold Medal List of Chinese Financial Institutions is hosted by the Financial Times. Relying on the credibility and professional wisdom of authoritative financial institutions, and focusing on the value judgments of experts and think tanks, it has become one of the most influential annual national financial selections since its launch in 2008.

In 2023, ICBC AXA continued to promote high-quality transformation, balanced development of assets and liabilities, significant improvement in operating efficiency, effective risk management, continuous optimization of business structure, and continuous highlighting of operating value, forming a good industry demonstration and driving effect.

While improving its operation, ICBC AXA adheres to the principle of insurance for the people, pays close attention to the urgency, needs and expectations of the people, gives full play to the function of insurance as a "social stabilizer", and continuously enhances the people's sense of happiness and gain. As of the third quarter of 2023, the company has covered more than 1,700 people, effectively helping to reduce the medical expenses of the people and reduce the burden of medical expensesIn response to the problem of large risk exposure of new citizen groups, ICBC AXA focuses on the needs and pain points of different new citizen groups in life, travel, employment and medical treatment, and continuously innovates products and services to help new citizens "settle down" in the city and better integrate into urban life. Under the guidance of its parent bank, Industrial and Commercial Bank of China, the company has also carried out the activity of "Helping Rural Revitalization, Walking with Healthy Post Road" in 5,000 county outlets and more than 2,800 agricultural service points, giving free serious illness insurance to county and township residents, providing economic support for county and township residents in the event of a serious illness, and contributing financial strength to consolidate and expand the effective connection between poverty alleviation achievements and rural revitalization.

Looking forward to the future, ICBC AXA will adhere to the concept of 'finance for the people', take the key requirements of the party and the state for the insurance industry as the fundamental basis and basic compliance of the work, find the correct positioning in the multi-level social security system, make up for the shortcomings in meeting the needs of the people, play a role in serving the real economy, unswervingly serve the Chinese modernization with the high-quality development of ICBC AXA, and constantly create a new situation of high-quality development of the company."

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