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The insurance industry quickly responded to the China Eastern Airlines passenger plane crash: PICC, Ping An and CPIC have verified their participation in underwriting, and Ping An has received a report from customers

According to the news of China Central Television, at about 14:38 on March 21, China Eastern Airlines flight mu5735 lost contact and crashed over Wuzhou City, Guangxi, during its Kunming Guangzhou mission. There were 123 passengers and 9 crew members on board.

In response to the China Eastern Airlines mu5735 flight crash, the insurance industry responded quickly, and many institutions started the emergency plan for major emergencies at the first time. The latest information before the press release is that Ping An Insurance (Group) Company Of China Ltd(601318) has received four customer reports. In addition, the insurance company has made progress in the underwriting verification of the aircraft: the crashed aircraft of China Eastern Airlines was underwritten by The People’S Insurance Company (Group) Of China Limited(601319) chief, Ping An Property Insurance Guangdong branch jointly insured all risks and liability insurance of China Eastern Airlines mu5735 fuselage, and China Pacific Insurance (Group) Co.Ltd(601601) China Pacific Insurance (Group) Co.Ltd(601601) property insurance has verified and confirmed that the documentary underwriting of aviation insurance of China Civil Aviation joint insurance fleet.

dozens of insurance companies start emergency mechanism

Many institutions launched the emergency plan for major emergencies at the first time, established an emergency response team, and investigated the accident situation of insurance companies in time.

After the accident, the Party committee of The People’S Insurance Company (Group) Of China Limited(601319) group attached great importance to it and immediately implemented important instructions. PICC Property and casualty insurance started the emergency mechanism for major accident claim settlement at the first time, established a special leading group and working groups for claim settlement, business and support, and connected with CAAC and China Eastern Airlines at the first time to rush to the scene to guide the follow-up work.

China Life Insurance Company Limited(601628) life insurance company launched the emergency plan for major emergencies at the first time, and the total and branch linkage immediately carried out the investigation and rescue of customers in danger and other related work, and formulated six service measures, including: actively and comprehensively looking for customers; Accept and report cases through multiple channels and all-weather; Optimize the supporting materials of special cases, etc China Life Insurance Company Limited(601628) property insurance company launched the emergency plan for major emergencies at the first time, established an emergency leading group headed by Liu Anlin, President of the company, and a joint emergency working group of general, provincial, municipal and county companies to carry out the investigation and claim settlement of customers in danger.

Ping An Insurance (Group) Company Of China Ltd(601318) set up an emergency response team headed by Ji guangheng, deputy general manager of the group at the first time, and its life insurance, property insurance, endowment insurance, health insurance and other companies quickly started the emergency response of major emergencies and carried out relevant rescue and investigation work.

China Pacific Insurance (Group) Co.Ltd(601601) has started the emergency response mechanism for major emergencies at the first time, and its China Pacific Insurance (Group) Co.Ltd(601601) property and life insurance, together with Yunnan institutions, have started the internal verification of fuselage insurance, group insurance, aviation insurance and other relevant types of insurance at the first time China Pacific Insurance (Group) Co.Ltd(601601) said that the green claim settlement channel has been opened, the claim investigators are on standby for 24 hours, and five emergency service measures such as 7 24-hour acceptance of report consultation, active investigation of customer information and simplification of claim settlement materials have been launched urgently. In the follow-up, we will pay attention to humanistic care and make every effort to do a good job of claim settlement services in the follow-up of the accident. At present, China Pacific Insurance (Group) Co.Ltd(601601) is maintaining close communication with relevant parties and striving to take the initiative to further investigate and find customers in time after obtaining passenger information.

China Taiping said that its relevant subsidiaries have launched emergency plans, actively investigated and opened a green channel for claims settlement. TPL said that the head office, together with its branches in Guangxi, Yunnan and Guangdong, launched the emergency plan for major emergencies at the first time, quickly responded to insurance services, actively cooperated with government departments and regulatory units to provide disaster relief, emergency services and troubleshooting, opened a 24-hour emergency claim settlement service line 95589, started the green channel for claim settlement, and fully provided insurance services.

In addition, New China Life Insurance Company Ltd(601336) , Taikang Insurance Group, sunshine insurance group, everyone insurance group, China post insurance, Fude life, ICBC AXA Life, AIA life, Allianz life, China Merchants Cino life, CITIC Prudential Life, Everbright Yongming life, Dehua Angu life, Qianhai life, Xinmei mutual life, Guolian life and dozens of other insurance institutions have launched emergency mechanisms.

PICC, Ping An and CPIC have verified their participation in underwriting

Ping An Insurance (Group) Company Of China Ltd(601318) received 4 customer reports

With the promotion of investigation and the introduction of emergency service measures, some insurance companies have preliminarily verified the underwriting situation and received reports from customers one after another.

In terms of underwriting, the reporter learned from The People’S Insurance Company (Group) Of China Limited(601319) property insurance that according to the verification, the crashed aircraft of China Eastern Airlines was underwritten by The People’S Insurance Company (Group) Of China Limited(601319) chief The People’S Insurance Company (Group) Of China Limited(601319) property insurance’s service measures for handling the accident include: starting the advance preparation of compensation and preparing the reserve funds in advance.

At the same time, after preliminary investigation, Ping An Property Insurance Guangdong branch jointly insured China Eastern Airlines mu5735 fuselage all risks and liability insurance, and will follow up the progress of accident handling in real time.

The China Pacific Insurance (Group) Co.Ltd(601601) property and life insurance of China Pacific Insurance (Group) Co.Ltd(601601) under China Pacific Insurance (Group) Co.Ltd(601601) started the internal verification of airframe insurance, group Italy insurance, aviation Italy insurance and other relevant insurance types in the first time together with Yunnan institutions. The China Pacific Insurance (Group) Co.Ltd(601601) 601 property insurance has verified and confirmed that the documentary underwriting of aviation insurance of CAAC combined insurance fleet.

In terms of accepting reports, as of 18:30 p.m. on the 21st, Ping An Insurance (Group) Company Of China Ltd(601318) had received four customer reports. Among them, Ping an endowment insurance received two customer reports, Ping An Property Insurance and Ping An Health Insurance received one report respectively, and the specific information is being verified.

A number of insurance companies said they would continue to pay attention to the progress of search and rescue, pay attention to the customer’s accident information, and provide convenient claim settlement services for the customers and their families.

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