Port communicationInsurance intermediary license analysis|Analysis of the insurance intermediary licenses of 9 Chinese insurance companies shortlisted for the Fortune Global 500|9 Chinese insurance companies shortlisted for Fortune 500 list on July 22，2025The complete list of the Fortune Global 500 was officially announced，Insurance companies also appear in this。
According to incomplete statistics from a Beijing News reporter，A total of 9 Chinese insurance companies are on the Fortune Global 500 list，They are Ping An of China (29th)、China Life (51st)、PICC (No. 121)、China Pacific Insurance (199th)、AIA Group (388th)、China Insurance (442nd)、China Taiping (451st)、Cathay Life (455th)、Taikang Insurance Group (498th)。
Compared to the 2025 list，There is one more insurance company on the list this year，That is China Insurance, ranked 442nd。China Insurance Company
- 93billion dollar operating income，Becomes a new Chinese insurance company to enter the Fortune Global 500 list。According to data released by Huaxia Insurance，first half of this year，The company’s total premium income reached 174 billion yuan，An increase of 76% over the same period，Net profit reaches
- 22100 million yuan has been profitable for 5 consecutive years。
also，This year, Ping An still ranks first among Chinese insurance companies with operating income of US$163.597 billion.，Ranked 29th in the overall list，No change compared to last year。It is reported that，This is the 11th consecutive time that Ping An has been on the Fortune Global 500 list.。
Data display，2025Year，Ping An's operating income reaches 1.0821 billion yuan，11% year-on-year increase；Net profit attributable to parent company reached
- 04billion，year-on-year growth
- 6%。It is worth paying attention to，Although all insurance companies on the list in 2025 will also be on the list in 2025，No insurance companies “off the list”，However, the rankings of 5 insurance companies have declined.。China Life’s ranking in 2025 is 42nd，2025fell to 51st in 2017。
The People's Insurance Company of China has also fallen from 117 in 2025 to 121；AIA Group has dropped directly from 295 in 2025 to 388.；Cathay Life slips from 410 in 2025 to 455；Taikang Insurance Group fell from 489 to 498。
certainly，There are also China Pacific Insurance and China Taiping 2 insurance companies whose rankings have improved compared with last year.，in，CPIC was promoted from 220 to 199，China Taiping improved from 465 to 451。
one、It has become increasingly difficult for capital to enter the insurance intermediary market in recent times.，China Insurance Regulatory Commission’s determination to raise admission threshold，It is gradually becoming more difficult for insurance companies to obtain business licenses，Many companies with capital quickly moved into the insurance intermediary market，I hope to get a share of the insurance market’s dividends now.。in，Internet giants such as BAT are also vying to enter the game，Trying to seize the opportunity in the highly competitive insurance intermediary market。
two、It is difficult to release insurance licenses in the short term. Recently，Beijing Life officially received approval from the China Insurance Regulatory Commission for business opening，Became the third insurance company allowed to open this year，The other two companies are Taiping Technology Insurance and Huanghe Property & Casualty Insurance.。But in fact，Many insurance companies that have been approved for establishment are still "queuing up" at the China Insurance Regulatory Commission，Obtaining a business license is increasingly difficult。
Some analysts believe，There are two reasons why it is currently difficult for insurance companies to obtain licenses.：First, after some companies entered the insurance industry last year,，Using insurance as a low-cost financing tool，Expand business scale in a high-risk way，Deviating from the protection function of insurance，Second, the homogeneity of insurance products is serious.，price war、Vicious competition caused by competition for profits has been repeatedly banned，Still at a low level of competition for business scale and market share。
Raise barriers to entry，Reflects the determination of regulators to rectify the insurance industry。
In order to improve the corporate governance structure from the source，Prevent business risks，The China Insurance Regulatory Commission issued the "Notice on Further Strengthening the Acceptance Work of Insurance Companies for Opening" last year.，Strengthening the review of the preparation and implementation of insurance companies、Strengthen shareholder qualification verification、Increase interview assessment、Improve the acceptance standards and strictly implement the opening acceptance work in these four aspects，Aimed at preventing inadequate company control、Aggressive management、Governance failure、Risks such as incorrect capital。
three、Capital has found another way to enter the market, although it is increasingly difficult to enter the market，But all kinds of capital are still flocking to the "big cake" of insurance.，A representative phenomenon is that the insurance intermediary license is becoming more and more popular.。
Different from the strict control of insurance licenses，this year，The China Insurance Regulatory Commission has issued 6 intermediary licenses，Including Zhongrui Wanbang Insurance Brokers Company、Chongqing Jincheng Hunuo Insurance Brokerage Co., Ltd.、eBao Insurance Agency Co., Ltd.、Six insurance intermediaries including Jiangxi Jimin Credible Insurance Brokerage Co., Ltd. have been approved to operate insurance intermediary business.。
Statistical findings，2025A total of 32 insurance intermediaries were approved in 2018，This year’s approvals highlight that last year’s regulatory thinking may continue.。
Take Shenzhen as an example，The reporter learned from the recently held 2025 insurance intermediary industry situation analysis meeting，As of the end of last year，There are 129 insurance intermediary headquarters in Shenzhen.，Among them, 58 are professional agents，43 brokers，27 public estimate companies，1 intermediary group，Ranked sixth in the country，In addition, there are 206 branches，An increase of 26 compared with the previous year。
The industry generally points out，Supervision is revealing its intention to support the development of insurance intermediaries，Policies will guide high-quality capital into the insurance intermediary industry，Thereby optimizing the market system and open pattern of insurance intermediaries。Four、Internet companies highlight
Advantages
Breakdown of companies that have obtained intermediary licenses，One distinctive feature can be found - Internet giants led by BAT have entered the "battlefield" of insurance intermediaries.。
last year，Baidu Finance acquires Heilongjiang Joint Insurance Company Longjiang Insurance Brokers、Weimin Insurance Agency Co., Ltd.、Hangzhou Baojin Insurance Agency Co., Ltd. controlled by Ant Financial has received approval from the China Insurance Regulatory Commission for business development。The aforementioned Chongqing Jincheng Hunuo Insurance Brokerage Co., Ltd. was licensed this year，It also attracts attention because it is a wholly-owned subsidiary of the leading food delivery company Meituan Dianping.。
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