Recently, Ping An Insurance (Group) Company Of China Ltd(601318) Life Insurance Co., Ltd. (hereinafter referred to as “Ping An Life” or “the company”) released the annual report on claims settlement in 2021. The report shows that the number of compensation paid by Ping An Life Insurance in the whole year reached 4.28 million, with a total amount of 41.2 billion yuan. Among them, the amount of compensation for serious diseases was 21 billion yuan, accounting for 51% of the total amount of compensation. Malignant tumor is the first serious disease risk threatening health, and the compensation for malignant tumor in women is much higher than that in men.
In 2021, the number of claims paid by Ping An Life Insurance reached 4.28 million, up 10% from 3.88 million in 2020. The total amount of compensation continues to be at the forefront of the industry, up to 41.2 billion yuan, up 17% from 35.2 billion yuan in 2020. The average number of compensation pieces per day exceeds 11726, and the amount of compensation exceeds 110 million yuan.
According to the annual claim settlement report of Ping An Life Insurance, the number of serious illness claims paid by the company in 2021 exceeded 250000, with a compensation amount of 21 billion yuan, accounting for 51% of the total compensation amount, accounting for half of the total claims.
In this regard, the claims annual report makes big data statistics on the three risk factors of major diseases, and analyzes the types of serious diseases, age distribution, gender distribution and other factors, which can bring some reference and reference to the development of the industry and the improvement of social insurance awareness.
The report points out that the top three risk factors of Ping An Life’s major disease compensation are malignant tumor, acute myocardial infarction and sequelae of stroke. The claims for these three major serious diseases account for 82% of the total amount of super serious disease compensation, and the claim settlement population is mainly concentrated in the stage of 41-60 years old.
In addition to serious illness claims, for life insurance companies, medical and death compensation data also deserve attention.
According to the claim settlement report of Ping An Life Insurance, in 2021, disease medical treatment accounted for 65%, far exceeding 35% of accident medical treatment. The main causes of compensation for accidental medical treatment are falling injury, animal grasping and biting, traffic accidents, and disease medical treatment is respiratory diseases, cardiovascular and cerebrovascular diseases and acute appendicitis.
In the death cases of Ping An Life in 2021, 13% were accidental deaths and 87% were disease deaths. Specifically, the risk factors of accidental death are mainly traffic accidents, high falling and drowning; The top three causes of death compensation were malignant tumor, cardiovascular and cerebrovascular disease and sudden death. It is noteworthy that sudden death ranks the third risk factor for disease death, which has something to do with the increasing pressure of contemporary people’s life and work. Therefore, the report suggests that customers might as well have regular health checks, stay up less, exercise more and maintain a healthy lifestyle.
(Xinhua Finance)
