The favorite of a lifetime, this flourishing increase in longevity,It will come to an end on February 29
Not only does it have top-notch returns, but what is even more rare is that its underwriting company, Zhongyi Life, is also a leader in the industry.
Since last year, the predetermined interest rate of insurance has entered a new era, and the number of dividend-paying increased life has entered a period of explosive growth.
During this period, many insurance companies have launched dividend-paying increased life, some of which have higher returns than the desired life, but none of them can have both returns and insurance company strength like the lifelong favorite. As we all know, the regulator requires insurance companies to disclose the solvency report on their official website every quarter, which is a powerful way for us to understand the current status of a company's operations. Coincidentally, Zhongyi Life disclosed the latest last monthSolvency Report Q4 2023
At the last moment, let's take a look at how Zhongyi Life has been doing recently, and whether it is still stable.
Solvency indicators
First of all, I would like to add a little basic knowledge, what is solvency?
It's the insurance companyAbility to pay debts (pay policies)., which can be measured by an insurance companyFinancials。After the implementation of the "Regulations on the Solvency Management of Insurance Companies", according to the regulations, "solvency compliance" must meet the following requirements at the same time3 indicators
Comprehensive solvency adequacy ratio: not less than 100%; Core solvency ratio: not less than 50%; Comprehensive risk rating: B and above. We can judge the insurance company by the solvency of the companyAbility to redeem policy benefits, and for a company like Zhongyi Life Insurance with dividend business, it is even more important.
If your solvency is already on the verge of the passing line, or even below the passing line, and your financial situation is worrying, how can you fulfill the expected dividends promised?
Therefore, we often say that to buy a dividend-paying increased life, we should screen the strength of the insurance company more, and beware of the behavior of some insurance companies "slapping a swollen face and becoming fat".
1. Core comprehensive solvency adequacy ratio (not less than 50 100%)Core solvency = core capital of the insurance company The minimum capital, which is used to measure the insurance companyHigh-quality capital adequacy。Comprehensive solvency = actual capital of the insurance company The minimum capital, which is used to measure the insurance companycapitalThe overall adequacy of the situation
Q4 2023:
Core solvency adequacy ratio: 16007%；Comprehensive solvency adequacy ratio: 21496%。Both indicators far exceed the regulatory requirements, at least proving that the company has been operating well in the near future.
However, solvency adequacy indicators are dynamic and volatile, and the data is more telling if they can remain at a good level over a long period of time.
So I summarized the solvency adequacy ratio indicators of Zhongyi Life in 2023:
Q1: Core: 13063%；General: 17895%；Q2: core: 13340%；General: 18151%；Q3: core: 16486%；General: 22127%；Q4: core: 16007%；Overall: 21496%。The solvency adequacy ratio indicator for the whole year of 2023 is significantly higher than the regulatory requirements, and of course, even if you go back further, there is no problem with the solvency adequacy ratio of Zhongyi Life.
2. Comprehensive risk rating (B grade and above).The risk rating is regulated according to the insurance companyOperational riskReputational riskClaims serviceand other indicators, the grades from top to bottom are:AAA, AA, A, BBB, BB, B, C, D。Among them, AAA is the lowest risk and D is the highest risk, which can also reflect the strength (operational stability) of the insurance company to a certain extent.
The latest risk rating of GCL is:AAA levelfor the life insurance industryof the highest standards,And last quarter was also AAA graded.
This means that GCL Life's solvency adequacy ratio meets the standard, and its operational, strategic, reputational and liquidity risks are among the smallest insurance companies in the industry. In addition, the solvency report for the fourth quarter of 2023 data for non-listed companies was released on January 31, 2024:
The table below does not include listed companies, which will not be announced until April.
As you can see from the table above, there are non-listed life insurance companies with a triple A ratingThere are only 5 of them, andIt is monopolized by joint venture insurance companies such as Zhongyi Life Insurance。In fact, it is not surprising, after all, the joint venture insurance company has benefited from the precipitation of foreign shareholders for hundreds of years, and has given a lot of experience and financial support, so most of them operate steadily.
Second, the return on investment
The rate of return on investment is a measure of the insurance company"EarnMoney ability".
The return on investment of GCL in 2023 is 486%, with a comprehensive return on investment of 616%。
What is the level, we use the following table to intuitively feel the position of Zhongyi Life's investment ability in the industry.
Return on financial investment: Zhongyi Life Insurance Industry RankingArticle 6
Comprehensive investment rate of return: Zhongyi Life Insurance Industry RankingArticle 5
These two indicators reflect the investment ability, no matter which one you look at, GCL is among the top 10 in the industry.
It is not difficult to come to such a conclusion:GCL's investment capabilities are excellent, with an investment level that outperforms the industry
It's fromThe average comprehensive investment return in the past three yearsCome and see, 586% of the data is also in the top 10 of the entire life insurance industry. And these three years are not ordinary, in the three years of epidemic control, when the country's economy is stagnant, Zhongyi can still maintain such a high rate of return on investment, its investment ability can be seen.
In addition, Zhongyi made money and gave it back to customers.
GCL paid dividends in the fourth quarter26.5.6 billion yuan, more than the previous quarterMore than 700 million were divided
At a time when interest rates continue to fall, this data is eye-catching. Finally, passedSummary of the Solvency Report for the 4th Quarter 2023", we can learn:
GCL Life is in good financial condition, ranking among the top 10 in the industry in terms of solvency, and its overall operation is very stable. And the company's investment ability is very outstanding, with a very strong dividend ability, trustworthy.
The last few days of the life of such a stable insurance company launched, you must grasp it!