Insurance week personnel changes (4.11

Name current duties Xu Zhihong peace endowment insurance company General Manager Assistant Ni Rongqing peace endowment insurance company General Manager Assistant liangxiuqiongyingdatai and life insurance company General Manager Assistant Sun Baoquan Huaxia life insurance company directors Qin Sheng three well live friends sea fire insurance company legal responsibility people lifushenanhua agricultural insurance company legal responsibility people Cai Tingqian UNITA insurance company fine is responsibility people Luo Yuxing Hyder property insurance company General Manager Li Deping in the coal property insurance company Board Secretary Huang Yushan love and Yi day health with and property insurance (China) fine is responsibility people Wang, Yun of letter Lee insurance (China) company fine is responsibility people Chen Wenzhi balance car insurance company General Manager Assistant Zhao Mo service insurance (China) company directors and Deputy General Manager Wang Leshu Chinese people property insurance company audit responsibility people Zhang Huanke in the silver insurance company audit responsibility people Wang Wei Sun property insurance company General Manager Assistant Fei Yifei Sun property insurance company Deputy General Manager songjianghuahua agricultural property insurance company Deputy General Manager tanrenxiaoanbang property insurance company General Manager Assistant zhouanchunyingdatai and property insurance company directors wenjuan Zhang credit agricultural insurance company legal heads Zhang Yuguang Taiping property insurance company legal responsibility people Hui Guojin harmonious health insurance company Board Secretary Zhang Bojiang huatai insurance company Board Secretary Gong Jingrong Italy life Beijing Branch Deputy General Manager Note: above information from insurance regulatory Commission website and related media reported, as has does not real, welcomes you corrected. &Amp;nbsp;   for more information see: dynamic   personnel;

Pacific Aetna history

Wen Hu Jinhua Shanghai cover in the wait for a whole year and four months later, by the China Construction Bank (601,939, unit) combined with Turbo group and led by Netherlands International Group equity transfer transaction on Palic, finally settled. "Compared other several has completed shareholders change of Bank Department company, Pacific (601,099, unit 's) antairenshou is shareholders changes maximum of a, regardless of is cross line holding of cross silver Kang joint, also is ICBC holding of workers yinansheng, or Beijing Bank (601,169, unit 's) holding of first Antai, original of foreign shareholders also retained part equity, but Pacific Antai of two large shareholders full will equity transfer, in 13 years in completed has a wheel large Exchange transfusion. "Shanghai insurance market, a senior person told reporters. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture however in completed has equity change zhihou, jianxinrenshou by to face of is is build new of management layer and in national of dot layout. 1.5 billion won half equity on April 11, this understanding to, China insurance regulatory Commission official reply Pacific Antai change shareholders of application, agreed Netherlands International will holds the company 50% of equity transfer to CCB; while Turbo by holds also 50% of equity also transfer to has CCB led of joint by let body, which CCB by let too keep has 1% of equity, CCB its of built silver investment by let 19.35% of equity, Chinese life (Taiwan) insurance company by let 19.9%, Shanghai Jinjiang international and Shanghai China Asahi investment by let has other 9.75% of equity. At this point, the Group Turbo and Netherlands International full exit from the Palic, Palic's name has also become history in the market, is a bank named jianxinrenshou appears on the market of insurance companies. On November 26 last year, Turbo in Shanghai United assets and equity exchange hang up the Pacific Antai stock price is $ 50% to $, China life insurance (Taiwan) also publish news that the company to RMB $ 379 million, approximately NT $ 1.78 billion, equity participation in Palic, the stock is 19.9%. An insurance analyst in Shanghai said to this speculation, construction Bank, China Construction Bank and its investment company funded a total of about $ 1.5 billion, won the Pacific-Antai life insurance more than 70% per cent. "Although China Construction Bank in Netherlands 50% stake held by the international group, did not disclose the details of transaction prices, refer to the wide boy hanging out of the sale price, then Pacific-Antai 100% equity prices will reach $ Bank and several small shareholders accepted overall Bank itself will reach approximately $ 1.5 billion bid. "The insurance analyst believes. And reporters access to Palic's information about display, the company was founded in 1998, the registered capital of 800 million Yuan and net assets of $ 898 million, in the first three quarters of 2010 year operating profit is 41.606 million Yuan, but national business network in Shanghai, Jiangsu and Guangdong only three districts, as well as all foreign companies network at least one of the company. On April 12, guotai Junan securities, an insurance analyst also pointed out that, in Pacific Antai 50% shares at $ 940 million terms, PB (net average rate) about twice times, such valuation than listed insurance companies such as Turbo, peace, protection of less PB, shortly before the Taikang life, Xinhua life insurance upon the sale of a stake in, PB is more than 3 times. "This equity valuations more reasonable, as Pacific Antai only three branches, so relative maturity life insurance company equity, lower valuation within a reasonable range. "The analysts said. Change of management reporter learned that, in regulatory official approval after shareholding modification of Pacific-Antai, for the new Department of Bank life insurance company, is going to have to face the changes in the management and the laying of new outlets. Last December, 50% buy the Turbo group to sell stake in CCB said when buying life insurance company is a platform for further expansion of services customers, using their individual customers and customer resources and a robust risk management techniques and experience, cross-selling life insurance products to customers and bank products and services, so as to achieve maximum synergies, while also promoting rapid development of robust investment life insurance company. Although China made it clear that in channel banks and insurance companies to maximize synergies, however, confined to the parties on the network gap was too large, controlled by China Construction Bank in realization of Pacific-Antai, on the basis laid must speed up the network. According to the China Construction Bank by the end of last year its total assets of more than 10 trillion yuan, fixed assets of over $ 700 billion, outlets more than 14,000; looking back at Pacific-Antai, up to now have the customer number approximately 300,000, the cumulative total premium of over $ 6 billion and total assets of $ 3.7 billion, in 28 foreign and joint-venture insurance company ranked in the bottom. However, reporters learned that Pacific Antai largest adjustment of change management. Existing in the management of the company, executives are Turbo group and Netherlands members of the international presence. Company Chairman Shi Jierong is Vice President and head of the production Turbo the Turbo group life insurance supervisors long; Vice Chairman Chao Guo and is Netherlands international legal Director of the Asia-Pacific region, the company's General Manager Tao Menghua was Netherlands International Taiwan branch in charge of; others include company director Ying Wang, Yu Hua, Kathy Yang, Shi Huanjia, chixiaolei etc are the original two Turbo groups of shareholders and Netherlands international management. "As two large shareholders of exit, these management layer should will from Pacific Antai company left, therefore for Pacific Antai,, this is established 13 years to maximum of once management layer changes, may to than other several Bank Department insurance company executives changes of to more, and is equity transfer will experience over a years of time, may also and three large shareholders Zhijian on management layer of exit and entered has great of relationship. "On April 13, a person familiar with the sources. However journalists call the Pacific-Antai persons, ask the management change, has not received a clear reply, but was told to wait until everything is indeedAfter will give a unified response. However, in the view of the industry, has as a controlling shareholder of the China Construction Bank, will certainly new high-rise in new life insurance company, China life insurance (Taiwan) company may also be related persons as the post of General Manager, responsible for managing the company's strategic business.

Three basic elements of insurance marketing career building

Concerned about the construction of the harmony of the workplace is a systematic project, it involves the multiple aspects of marketing. In view of the current problems existing in the operation of the workplace, workplace managers in attendance management approaches, management capacity, affinity cultural efforts, efforts to create a harmonious workplace culture. Wang Keqi Insurance Conference on building the most basic rule is the workplace management, Conference Management is to enhance the professional qualities of marketers, enhance business skills, building a harmonious team, customer service development, promote the rejuvenation of business firm cornerstone. Based on the current construction and meeting management companies working in the prevalence of problems and deficiencies, author in-depth survey, a comprehensive understanding, fully grasp the crux of the matter on the basis of the summarized basic means of strengthening the construction of harmonious workplace. Recommended reading insurance weekly: variable annuity pilot started five first elected to the insurance enterprises in violation of Beijing-Shanghai promotions fined 500,000 insurance circles "Wang yawei" surfaced exaggerating the gains did not mention the risk of banking and insurance disputes should continuously give families "pillar" feet on joint insurance regardless of non-indemnity insurance is zehui Shi Qiming Immortals watch lectures on disk to create the superior job market operate four sticking points in the first, low attendance. Author on a number of insurance marketing career early attendance survey found that marketing workplace attendance number of attendance in urban area and the actual attendance number gap considerably, some workplace attendance does not meet the 56%; rural Marketing Services Department held most cannot uphold every day morning, and some will open three days a week, attendance at 40%. In particular the early recruitment of marketers, they are officers of the reemployment of laid-off workers back, some are back again in induction of personnel. Most of them thinking and a degradation of knowledge, outreach initiative is not high, resulting in low attendance, company the call cannot be smooth communication, superior company is unable fully to implement the spirit of the new, new knowledge cannot be absorbed by team members, team cohesion and combat strength of decline, which seriously restricted the development of the company's business. Second, the morning meeting content lacks innovation. Current workplace morning of most companies is the lack of innovation, day after day, year after year, has been in use for many years traditional organization, will also not be much of an update this morning. Some marketing partners find boring, thus, you on stage to speak, I speak in Taiwan, making mess hall order. Thus, the morning is like chicken, tasteless, be unwilling to cast away. The morning play to their effect, fall short of desired results. Thirdly, weak morning meeting planners. Plan a beautiful war need a high IQ for a period of business development, who need powerful impetus. Well workplace management, you need a capable and have the skills to work planners. According to the survey, the original has rich experience working farm managers, most new jobs, becoming more senior managers of insurance marketing. Workplace most operators are currently recruiting new people in recent years, a significant portion of the lack of work experience, and some become one can't really integrate into the workplace, and partners. Job market operators cannot become the wizard of the dissemination of knowledge teachers, business development, but a pure premium resources for developers, the whole business is all in the presentation of the workplace atmosphere and premium, drain the pond to get all the fish kill the goose that lays the golden eggs to marketing partners on the company feel, make the workplace less attractive. Four, weaker workplace culture. Enterprise development, short-term, medium-term education, long-term culture. Culture is to promote the sustainable, stable and healthy development of a strong foundation. Insurance marketing is even more so, is currently weak construction of culture in the workplace, most of the layout of the workplace is performance on the wall, top star, incentive number used as an engine of business forward, some slogans across a few sales campaign, lack of originality, effectiveness. Those with strong strong atmosphere of learning, progressive-, incentive type, with a distinctive atmosphere, with unique insurance culture no highlighting, catalyst of culture does not really become a team incentive, business booster, has no proper role and effect of insurance culture. Three basic elements for the construction of the workplace problems and deficiencies of the current management in the workplace, I propose, in the future of the workplace must conscientiously grasp the three basic elements in the operation. First, innovative marketing attendance management approach. A cultural performance, a sports match, organizer and without great fanfare of publicity, but audience full, packed, the main reason is the active content has strong appeal. Attendance of workplace management development, if you want to have great improvement, depend on ideological education. Only ideological understanding in place, to action in place. For partners to further recognize the importance and necessity of strengthening the attendance of the company, clearly only attendance promotion, to ensure implementation of new policies in order to upgrade the quality of its business, outreach skills, ability to improve customer service, meet the needs of market competition; second, we must rely on the system constraints. Nothing can be accomplished without, no system management, marketing career as disunity, causing team members are not binding, the team supervisor did not appeal, the whole team lack combat effectiveness. To maintain strong team dynamic, institutional constraints is essential. Under the current status of the marketing team, companies can introduce stringent workplace the workplace management, consciously attendance marketing partner to gang; three depend on reward incentive. Companies within the workplace team attendance management appraisal system, the attendance higher, better management team should be informed of recognition, there are conditions of the workplace to the establishment of full attendance award. Month, quarter of attendance counts partners give the necessary economic incentives, for attendance to the upgrading of the role. Second, improve the management capacity. Hangaozuliubang once said "map out a strategy, winning in the miles I than Zhang Liang. Dingguo able, to appease people, supplying military supplies, ensure smooth grain Street, I not as good as Xiao He. Leading the army of millions, win the battle, attacking will g, I better Han Xin. These three people are among the elite, but I make good use of them, this is what I seize the capital of the world. In today's market on the workplace, who lead the marketing team, to easily manage marketing team, you must have the ability to lead and level, under the new situation, marketing job market operators to four skills: a profound knowledge of the capability. Operators of the workplace, not only to master the geography, history, law, regulation, humanities, social sciences, but also to learn about the international situation, China modern economic, using economic theory to guide the operation of the economy, bankingLearning, insurance, securities, funds, stocks can have a deep understanding and awareness, thus according to the team members to be targeted to helping develop the management development plan, implementation of the members of the team and development goals, protruding the characteristics of personality and development; second, strong communication skills. Said in the philosophy, contradiction exists in all things in the process of change, that is, everywhere, not without. Marketing teams also exist in complicated contradictions, such as among members of the marketing team framework adjustments, disputes between the team of interest, most contradictions. Therefore, the main Manager of the workplace, should be good at finding contradictions, used in the construction of effective methods and techniques to resolve team conflict; third, strong presentation and organization skills. United States President Barack Obama presidential campaign, its just a few minutes speech, caused a stir, shocked the world. Because he has strong organizational and presentation skills, can grasp the audience were most concerned about the content of his speech, the most direct and practical question, can seize the center point to cater to the needs of the audience. Operators of the workplace, to make efforts in this area, and use your head, in the Conference on every day of the workplace, there are colorful, intriguing new knowledge emerges, to unique forms and styles, content printing into the marketing partner's mind, allow partners to participate in the morning will be fruitful, one day a day of progress, improvement of day one day, this morning will be more attractive. Third, creating a strong affinity of culture. We often hear "company is my home, developed by everyone" slogan. Marketing job market operator, Manager of the team, to enhance team cohesion and fighting strength, always maintain the development vitality, affinity cultural effects must be used. In the specific work to be used in four movements: a typical led. Marketing in the workplace, in attendance management, outreach development, integrity management, compliance, and so set a good example. At the same time, employees good deeds publicized their photos posted in the workplace, mobilization called on partners to follow their example, with their advanced thinking, noble character, spirit of dedication, impact partners, driving everyone; second, sincerely touched. Operator, team manager of the workplace, be sure to put "our staff was no small matter" as a fundamental principle of management staff, do care about is in place, the satisfaction of our staff in place, insurance fully reflected a strong emotion; three is planning and pulling. Marketing and business development, planning and pulling played a huge role. Working in construction, scientific and rational development and use of good business planning, to mobilize the enthusiasm of marketing partners have a greater impact in business planning and development of the workplace to be closer to marketing partners on demand features, focus targets on nothingness have planning and working with the driving force, influence, and the service surge. Development of the insurance industry, the key is promotion of services, working in construction, to increase the service to a new State company to do a good service for operators of the workplace, team managers, staff to do a good service to customers, so that no gaps in service throughout the workplace, zero distance. Construction of the harmony of the workplace is a systematic project, it involves the multiple aspects of marketing, requires joint efforts of the system from top to bottom. The workplace according to their own reality, suit measures to local conditions, classified, targeted work, constantly summing up perfect, gradually improving. We believe that our construction can certainly create new achievements in the workplace, play a new movement.

Risk capital show up 325 listed companies

Shenzhen evening news according to statistics, has released the annual report of listed in the top ten shares of the company shareholders, 325 figure appeared in the insurance funds. , There were 22 listed companies's largest circulating stock shareholders are insurance funds. Judging from the distribution industry, iron and steel, chemical, real estate, banking, pharmaceutical, biotechnology, and so on. Huaan casualty as controlling shareholder, whether they are holding only amount of shares of listed companies, is holding a proportion of shares, huaan casualty jingda shares (600,577 shares) to the cartridge case was the first of and huaan casualty jingda share holdings of shareholders. March 24 insurance securities daily published the small risk of enterprise stock market get out: the 10 coming out top flow 11 only a share of the company shareholders report huaan property let jingda shares, "the left hand right hand" of the two birds with one stone. Recommended reading insurance weekly: variable annuity pilot started five first elected to the insurance enterprises in violation of Beijing-Shanghai promotions fined 500,000 insurance circles "Wang yawei" surfaced exaggerating the gains did not mention the risk of banking and insurance disputes should continuously give families "pillar" feet on joint insurance regardless of non-indemnity insurance is zehui Shi Qiming immortal report shows disc to create the superior lecture, jingda shares new controlling shareholder change date of August 16, 2010. Notice displayed at the time, due to causes of debt, the company's largest shareholder Guangzhou-China will hold 54 million shares at $ 10/share ownership to us casualty. Jingda share price only $ 9.62/unit at that time, as at the close yesterday, jingda shares traded $ 11.68, Hua an property holdings have been floating the Pacific century. Huaan casualty and actual control of China in Guangzhou who was Li Kuang-jung. That is, through the transfer of Guangzhou-China jingda shares on the stock of debt, huaan casualty from jingda shares the book achieve floating profits. For the actual control of Li Kuang-jung, is the good thing of two birds with one stone. 8 companies are risk capital holding Super 5%, ping (601,318, unit) insurance (Group) company limited-group level-deep development of own capital held (000001, stock) A52147.09 shares, accounting for shares 16.79%, is the largest circulating stock shareholders. Ping an life insurance A14096.35 a traditional insurance account held deep development unit, ranked second. Annual report that, as at the end, deep development of a non-controlling shareholders, had no actual control. As at the end, over stake in Shenzhen development A5% shareholder for ping an life insurance and its holding company ping an insurance (Group) company limited ("ping"), both holds 1,045,322,687 shares in aggregate, per cent of the total equity of Shenzhen development 29.99%. But ping more dispersed ownership structure, there is no controlling shareholders, there is no actual control. Other circulation of 20 listed companies equity has not been completely, although the circulation first shareholders, but smaller stake, is not holding. Risk capital holding shares above 5% the company has 6. China life reduction first open shares (600,376, unit 's) 150,000 unit Hou, still positions 51.85 million unit, accounted for first open circulation Unit 9.97%; peace life a traditional insurance account holdings young Eagle agricultural Shepherd (002477, unit 's) 2.2758 million unit, total holds 2.8144 million unit, accounted for circulation unit of 8.04%; people Hoju a dividends insurance account new into Kang force elevator (002367, unit 's), holding 2.4 million. In addition, there are natural infrastructure (000965, unit), mountains of coal International (600,546, unit) and China Everbright Bank (601,818, unit). Insurance funded holds circulation unit proportion insufficient 5% but still ranked first large circulation unit shareholders of company stock also has: double as shares (002395, unit 's), and navinfo (002405, unit 's), and Guilin three gold (002275, unit 's), and country star electric (002449, unit 's), and yanjing beer (000729, unit 's), and CR 39 (000999, unit 's), and blue sail shares (002382, unit 's), and pass of shares (002010, unit 's), and Hao China energy (601,101, unit 's), and Ling steel shares (600,231, unit 's) and Zhuo Yi technology (002369, unit 's). (Kong Ruimin)

Quick return to overdraft protection dividend risk lagging behind inflation 10 products carefully selected

Rapid return "hen", collect the cash value of future earnings on insurance policies prematurely and protection will adversely affect the financial weekly reporter Zhu Changbin/text May 2011, the consumer price index to create a new high over the years, rose 5.5%. Although the bank deposit interest rates several times to improve, but still miss the CPI's footsteps. The money in the Bank, only watched the currency depreciation. Xiong Tao usually focus on family finance, apparently not ready to put money in the Bank. She recently saw the community banks in sales next to several financial-insurance products, bank manager told her, "This compared to several other insurance products for premium short lock time, will soon be able to see investment income, inflation so high against inflation situation very well. "Recommended reading insurance weekly: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Deciphering the trader password grasp trends in the main fact is that this is not the case, rapid return of principal can give policyholders are well protected from inflation? China life insurance product development actuary tell Money Week reporter Chen Jin-song, "fast return means that policyholders can quickly get back to their capital, but the product itself does not protect against inflation. Inflation to relying on dividends or insurance insurance products and investment income to fight. "Sources of quick return to policyholders pay premiums, and collect the cash value of future benefits for insurance policies prematurely and guarantee functions will have a negative impact. Insured can lead to survive 3 months gold, rapid return "hen" "Bank staff recommended insurance product before most of them receive a long time, is also to receive money from the insurance company after five years at least, very much in the recent recommended products can quickly receive live gold. "Xiong Tao noted that changes in Bank outlets selling insurance products. Insurance products the guarantee period is relatively long, premiums for policyholders have certain "lockout period" If the early redemption will lose part of the premium. Traditional dividend coverage is "one to three years", but in order to meet policy holders want to quickly see the benefits of psychological, shrinking product life insurance company introduced recipients experience. Happy people Shou Xiangli endowment insurance (participating) survival gold payments once every two years, one year after the entry into force and provides policy basic insurance amount is able to get insurance policy 8% for the existence of gold. Survival gold returned more quickly by contrast China life insurance, endowment insurance, China life insurance product "Tong Xin lock endowment insurance (participating)" provides the insured in the policy the date 90 days to get your return the amount of insurance 3% survival of gold. And some of the old-age pension insurance is returning gold survival period down to the extreme, Taikang "happy life a life annuity insurance (participating)" show insurance interests, policyholders hesitated for survival first payment after the expiration. A small insurance company banking and Insurance Department official told reporters in Beijing, "channels of banks and insurance companies since the end of last year was a heavy blow, the insurance company to maintain the scale of premiums would like to a lot of ways, shortening some bonus return life is one of the risks. Although only returning for a moment, but it is very attractive to some customers. "Survival gold quick return to a certain extent to ensure that the customer's funds liquidity, but to the applicant, this is not necessarily a good thing. Overdraft in the future: the future payment of insurance premiums is reduced by the policy, basic insured amount is lowered life insurance life insurance Feng Yingying considered too eager fast return insurance product, is not able to do to maximize the benefits for policyholders: "Although some types of customers will find this product more attractive, but I'm not usually very recommended that they purchase. "She believes that the customer if necessary to ensure cash flow, there are many other financial products to choose from," I will explain them, but is soon to be attracted to this part of the cash, can choose a different financing tools. "The so-called wool from the sheep, quickly returned to the return of products survival gold have come from the premiums paid. China life insurance actuary tell Money Week reporter Chen Jin-song, "fast return means that policyholders can quickly get back to his capital. "But he felt that the insurance products protect against inflation was achieved through stability and better investment returns, not through the rapid return of principal. Another quick return will reduce the amount of funds available for investment of insurance companies, increases the difficulty of insurance companies ' profits, forcing the country to reduce the policy paying insurance premiums or reduce the basic amount of the future. Quick-return product push more might already not very mature insurance markets more to ignore nature of insurance products to safeguard. In response to this phenomenon following media Biological Aerated, regulators to limit fast return insurance product. China life insurance finance manager Zhang Jie told reporters, "we usually want to take a customer-oriented insurance products cover features, weakening insurance investment income as possible, because on the advantage benefits insurance products may not be too large. Quick-return insurance return of shorter duration, or more strict focus on the killing. ”

Protection group listed as a whole countdown

Wen Ding Bing protection group of the recent introduction of a $ 10 billion investment of Social Security Fund, marks its success in introducing strategic investors work is complete. Analysts pointed out that, in overall reform, introduced after the war vote, now listed all obstacles have been cleared of all protection group, listed as a whole into the Sprint period. It is understood that there are already a number of investment banks involved are preparing full swing was listed as a whole. Multiple value late last year earnings upgrade, protection group-related sources, introducing strategic investors will be completed at the end, but the matter is settled in mid-June this year. "Social Security Fund has done adequate due diligence investigations, based on the life insurance group diversified revenue model of prospect and the scarcity of financial group shares before they finalize decided to initially raise $ 5 billion in investment to $ 10 billion. "A source close to sources of related transactions. Recommended reading insurance weekly: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Decipher the trader password, grasp the main trends after leaping development in recent years, protection groups had built the property insurance, life insurance, health insurance, and investment multiple profitable new plate patterns, SSF value precisely the point. The protection group was founded in 1949, "new founders of China's insurance industry," said. In 1997 in the reform of production, separation of the life insurance, life insurance group's life insurance operations were stripped out, its main source of profits to a single property. Due to the relative casualty market saturation, to the end of 2006, calculated according to asset size, protection group far behind China, ping an of China (601,318, unit) and Turbo in China (601,601, unit). Business single, insufficient solvency of casualty, life and health insurance lack of development capital, limited size of the investment funds, which severely restricted the development of the protection group. In early 2007, Wu Yan served as President of a protection group, he decisively proposed "business sector collaborative development" strategy. Since then, the protection group in the absence of external direct investment conditions, short Board was quickly up on life insurance business. Life insurance life insurance took less than 5 years to achieve operating profit, becoming one of the fastest growing life insurance market "dark horse", covered 7-9 life insurance company in the past years to go the distance. PICC health insurance also spent less than 5 years has made profits, breaking the major health insurance companies profit cycle of 8-10. These two business profitability, the assets accumulated speed ranks first in the domestic market. Under the pull of the life insurance sector, multi-profit model maturity of the protection group. In 2009, the first casualty in the protection group, life insurance, health insurance and investment business segments a comprehensive profit of a historic breakthrough. In 2010, the life insurance group's overall profitability and underwriting profits hit a best, overall earnings $ 7.33 billion, is a 2006 $ 4.5 times times net asset yield near 17%, successful realization from diversified investment shift to the profit of the period. In 2011, the overall profit is expected to exceed $ 10 billion. "Multiple profit pattern of investment value and enhance the protection of mature group, some of the key index has reached or exceeded the relevant listing standards. "Wu Yan said," protection group has fully equipped with the a-share and h share listing criteria. "Strengthening overall control of the Group at present, CITIC groups, the Everbright group listed target financial, such as aircraft carriers are presented as a whole, but judging from stock listing process, preparation, protection group could go ahead. Protection group now has over more than 10 major subsidiaries, scope of business covers casualty and life insurance, asset management, insurance brokerage, trust, Fund, and other fields. Market participants pointed out that, if the protection group successfully listed, create a new model in China's financial holding group listed as a whole, as China life insurance, reinsurance and other insurance group of China next listed provide reference as a whole. Analysts pointed out that, through overall reform, the protection group for its subsidiaries control ability greatly enhanced. Nearly three years, the protection group has been consciously improve the Group's controlling stake in subsidiary. Through a series of replenishment of the activity, the protection group for PICC asset management company's share rose from 41% per cent, on the protection of life insurance rose from 51% per cent of the stake, on the protection of Health's share rose from 51% per cent. Under the overall control of the group, synergy has been reflected in various business segments. "Mode of quality assets to be listed is the passage of large State-owned enterprises, and protection group listed as a whole without leaving acquired assets and personnel, no sequels, and require that all assets and business segments of the group to have very strong profitability, meet the criteria listed, which established for the large State-owned enterprises is a very easy thing. "Analysts say. Wu Yan believes that by strengthening internal control of the group, in collaboration with benign interaction between the business sector, help to improve the ability of profits retained, for core capital growth, helps to achieve from dependence on foreign sources of capital support to rely primarily on internal sources of capital accumulation of benign changes, provide capital for sustainable development support. The "national" prefix advantage appeared "I emphasized many times in internal meeting, to concentrate the time, had missed the opportunity to Rob back protection. "Wu Yan said," the protection of people, brands, networks and " " background of the prefix itself is the greatest asset of the group, as long as the full advantage of these advantages, you can create value. "The protection of groups by taking various policy insurance business, built up in-depth coverage of rural grass-roots networks. By the end of March, the protection of personal customer service for more than 110 million people, corporate customers in more than 14 million households. Market participants pointed out that the protection relies on a full range of insurance services has established a hyper-trillion customer base, if the spade husbandry, cross-selling in the future, assets under management, trust, Fund will benefit. The "national" prefix the background also provides protection and innovative business models, which appear even more obvious on the protection of health. Specialty health insurance products in China at present is small, general medical risks facing white-hot competition makes health insurance from life insurance companies are squeezed. "Why not grasping the opportunities of the new health reform push, builtState and national policy of health insurance, and commissioned by the Government health insurance business model to achieve breakthrough health insurance? "Senior protection group the idea of eventually forming a" Zhanjiang mode. " Since 2007, the protection of health are fully involved in construction of social medical insurance system for urban and rural residents in Zhanjiang and Manpower, in the case of payment and financial pressure does not increase the residents to protect from the original $ 15,000 a year that the maximum number referred to the $ 80,000, while medical resources were fully utilized, insured hospital fees drop by up to 10% per capita of the masses. "Zhanjiang mode" in 2010, the State Council approval. Insured protection of health at present has the cumulative social security supplement Government delegate business 572, cover 22 provinces, autonomous regions, municipalities, 86, service population of nearly 90 million passengers. Enter "35", the protection group, aiming to 2015, Group revenues more than doubled, annual compound growth rate of more than 15%, exceeded $ 1.5 trillion in total assets, return on equity reached the leading level. According to previously published data, the first 4 months of this year, the protection group net profit of about $ 4.4 billion of the $ 4.5 billion, profit record. For protection, and this is a good place to start.

13 single Libya investment insurance coverage only 5.68%

Funded insurance "go" still weak economic Herald reporter Yu Chuan Jinan reported Libya since the war broke out for several months, China overseas investment projects caused hundreds of millions of dollars in economic losses. Economic review reporter was informed that China export credit insurance corporation as part of the enterprise the Libya investment project risk protection. However, statistics show that in 13 single Libya investment project, insurance coverage only for 5.68%. In addition, there are many private enterprises in the Libya investment losses have not yet surfaced. Overseas investment of Chinese enterprises face the risks become apparent. Recommended reading insurance weekly: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Decipher the trader password, grasp the main trends of zhongyangcaijingdaxue insurance, Dean said in an interview with Herald reporters Hao Yansu, a long time, China's insurance industry just content to occupy the domestic market, baiyujia Chinese-funded insurance companies in the "go" on the issue of slowness, and compared to the banking sector, weak domestic insurance industry as a whole have seen overseas expansion. $ 1.5 billion in direct economic losses Herald reporter was informed that Libya political turmoil, major overseas investment losses, stranded, including contract project stopped, resident Chinese attacks, massive withdrawal, loss no less than hundreds of millions of dollars. Published by the Ministry of commerce statistics show, before ending this unrest, Libya has 75 50 engineering contract project contractors of Chinese enterprises, involving an amount of us $ 18.8 billion. According to the current exchange rate conversion, equivalent to more than 120 billion yuan. According to statistics, as of now, in Libya in internal conflicts, owned enterprises in more than 10 people were injured, corporate site, camp attacked robbery, up to 1.5 billion yuan in direct economic losses. Subsequently, my Government to ensure that Libya lives and property of ethnic Chinese, sent land, sea and air forces, withdrew over more than 30,000 Chinese staff, at a cost of about $ 300 million RMB. Herald reporters learned, these statistics have not been many private enterprises in Libya, investment loss statistics, coupled with the withdrawal of more than 30,000 employees of domestic Chinese staff problems, loss of salary problem of rehousing and compensation issues arising therefrom, loss amounts would be far greater than the above statistics. Overseas expansion slow Hao Yansu Wizard newspaper reporters, dependence on international trade in our country at present is close to 70%, with the degree of opening up to the rising face of the real economy "going", China's insurance industry should adopt "go" support our capital investment and overseas development. However, the domestic insurance industry but hesitate, only a very small number of insurance companies were established in some countries and regions overseas branches. "Overseas investment in order to protect domestic companies and the lives and property of citizens, many large international insurance group investment insurance agency was established around the world, engaged in overseas insurance business. 200 years ago the British insurance brought this model of service to our country, is to protect the needs of its capital to China. "Hao Yansu says. Herald reporter learned that large insurance groups currently overseas investments in the Mainland to set up a total of 20 and 26 home property insurance company life insurance company, insurance institutions in the country, however, only very few companies such as protection, Turbo and peace were established in some countries and regions overseas branches. In August 2008, Taiwan Cathay Financial Group subsidiary Cathay life insurance, and Cathay Pacific Century Insurance jointly invested 400 million dollars, Cathay Pacific property insurance was established in Shanghai, the company set up specifically stated at the beginning when "mainly to serve Taiwan businessmen", currently in Jiangsu, Zhejiang, Fujian, Guangdong, and Shandong, has set up a branch of the Taiwan capital intensive. Hao Yansu thinks, and banking, compared to China's insurance industry in the "go" on the issue of slowness. At present, China's banking industry was established in more than 50 countries and regions in the world has nearly 2000 branches and overseas development of enterprises in China as the main customers.