Three major challenges facing the life insurance market or subversive marketing system adjustments

Securities Times reporter Sun Yu was held in Shenzhen yesterday China 2010 Turbo (601,601, unit) on the general meeting of shareholders, said Gao Guofu, Chairman of China's Turbo, the life insurance industry is facing from the employment system of insurance, Department of marketing channels and bank insurance companies bring great impact on three aspects of extraordinary development challenges. Gao Guofu pointed out that with the implementation of the new labor contract law, the employment system of life insurance marketing channels will face major institutional challenge. If the insurance industry under the new labour contract law, on insurance company marketing member of the existing employment system for subversive adjustment will increase the cost of human resources of the insurance company, the cost factor price changes, brought major challenges to the life insurance industry as a whole. 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 "life insurance industry faced of second large challenge from Yu channel transformation pressure, this is currently has revealed out has. "Gao Guofu said that from historical experience, driving the rapid growth of the insurance premiums" motors "from the Canal banks and insurance companies, but now things are changing. "Last year out of the 90th, the CBRC, China insurance regulatory Commission, the CBRC common this year out of the 10th, series issued a banking and insurance is required on the back of the insurance industry development mode for transformation. "He pointed out that this means that in the next period of time, in the life insurance industry as a whole, who in transition faster, who is likely to win in the changing opportunities but for now, channel sales challenge is very large. "In addition, many banks a stake, holding insurance companies is another challenge to the development of the life insurance industry. "Gao Guofu, through banks, capital continue to inject the insurance company, is expected to bank insurance company of the future will have a generation of ultra rapid development. This pattern will have a larger impact on small and medium insurance companies; but the insurers to scale, impact and influence is relatively limited.