国内第3家保险公司已歇业，规模曾高达2万亿，客户买的保单该怎么处理？

Core Points - The recent bankruptcy of a major insurance company has raised concerns among policyholders regarding the status of their insurance policies and the recovery of their funds [1][3] - This marks the third insurance company bankruptcy in China, with the previous two occurring in 2012 and 2018, highlighting the rarity of such events in the insurance industry [3][4] - The bankruptcy was attributed to aggressive investment strategies and improper related-party transactions, leading to a liquidity crisis [3][4] Summary by Sections Bankruptcy Overview - As of June 2025, there are 178 insurance companies in China, with three having declared bankruptcy [3] - Insurance companies are subject to strict solvency regulations, requiring a solvency ratio of at least 100% [3] - The recent bankruptcy has caused significant market disruption, given the company's management of assets totaling 2 trillion yuan and millions of clients [1][3] Policyholder Rights and Protections - There are several potential outcomes for policyholders when an insurance company goes bankrupt: 1. Policy Transfer: Regulatory authorities may transfer policies to a stronger insurance company, maintaining the original terms [4][6] 2. Cash Value Return: If no transfer is possible, policyholders may receive the cash value of their policies, which is typically lower than the total premiums paid [4][6] 3. Insurance Guarantee Fund: The fund can compensate up to 90% of the policy reserve for personal insurance policies, with a maximum limit of 100,000 yuan per policyholder [6][7] 4. Bankruptcy Liquidation: If other options fail, policyholders can participate in the bankruptcy proceedings as creditors, but recovery may be limited [7][8] Historical Context and Data - In previous bankruptcy cases, approximately 85% of valid policies were successfully transferred to other insurers [4] - The recent bankrupt insurance company has an estimated asset coverage ratio of 65%, indicating that policyholders may only recover a portion of their claims through liquidation [7] Recommendations for Policyholders - Policyholders are advised to stay calm and monitor official communications regarding their rights and the status of their policies [7][8] - It is essential to gather and retain all relevant policy documents for future reference [7][8] - Evaluating insurance needs and considering additional coverage may be necessary if existing policies are affected [7][8] Lessons for Future Insurance Purchases - Consumers should assess the financial health and solvency ratios of insurance companies before purchasing policies, with a recommendation to choose companies with a solvency ratio above 150% [10][11] - The operational history and brand reputation of insurance companies are critical indicators of stability [10][11] - Diversifying insurance purchases across different companies can mitigate risks associated with a single company's potential failure [11][12] - Overall, the insurance industry in China remains stable, with a solvency ratio of 244.3% reported in the first quarter of 2025 [12][13]