Huaan Insurance is a comprehensive insurance company approved by the People's Bank of China, established in October 1996. As a member of China's insurance market, it is similar to companies such as Xinhua Insurance, Ping An Insurance, and Pacific Insurance. So, is Huaan Insurance a regular insurance company?
First of all, Huaan Insurance is a formal insurance company licensed by the China Insurance Regulatory Commission. The China Insurance Regulatory Commission (CIRC) was established by *** and is the only insurance industry regulator in China, and its main responsibility is to supervise and manage insurance companies. Huaan Insurance operates under the supervision of the China Insurance Regulatory Commission (CIRC) and complies with the relevant regulations and laws of the insurance industry. From this point of view, Huaan Insurance is a formal insurance company.
Secondly, Huaan Insurance has a certain asset scale and business scale, has a relatively complete product line and service system, and has different insurance products for individual and corporate customers. Huaan Insurance also has a high ability to pay and pay, and since its establishment, the company has promised a full loss rate of 100%. At the same time, the company's solid performance in the financial market has also been widely recognized by the market and investors.
Thirdly, in the evaluation and rating of the insurance industry, Huaan Insurance has also received a good evaluation. For example, in the rating of Stodda&P (S&P), an international rating agency, it was rated A (stable) in 2019, and it has also been affirmed and cooperated by institutions such as Industrial Bank and Tencent.
To sum up, Huaan Insurance is a formal insurance company, which is regulated and managed by the China Insurance Regulatory Commission. At the same time, the company's scale, business and revenue, product quality and service quality have been recognized and highly evaluated by the market and rating agencies. Huaan Insurance attaches great importance to social responsibility and customer interests, adheres to the business philosophy of "responsibility, professionalism and progress", and strives to forge ahead and work hard by virtue of the spirit of continuous innovation and professional advantages, and has made positive contributions to the development of China's insurance industry and won the trust and support of the public while achieving good business performance. Therefore, for consumers and investors, choosing Huaan Insurance to purchase insurance products is a more reliable choice.
Insurance