China's Insurance Industry Association recently held a special bank insurance project team set up the meeting in order to strengthen the bank insurance business exchanges, so as to promote the Bank's insurance market continued, steady development.
It is understood that the Bank of China's insurance business remains in the search for sustainable development of the business model and profit model of exploration stage, most of the savings is a simple alternative products, a larger proportion paid in the mid-stream, the cut-throat competition among insurance companies So that the high fees, in the basic "赔本赚吆喝" state.
"Banks and Insurance Companies Association to set up project teams in order to further implement the August Insurance Life Insurance Work Conference, and give full play to the association of self-control and auxiliary functions of the silver industry will work to adjust the direction of development of insurance business, and straighten out the industry Behavior, norms and the development of industry standards, and social sectors to clarify the one-sided understanding, and promote the healthy development of the Bank of security operations. "Secretary-General Insurance Association of China Wang Chao said that the association will be the next step to strengthen the building of the organization, to start self-discipline convention to amend the procedures, Step up inspection of the implementation of the work to ensure that industry self-regulation in place to implement the Convention.
It is reported that the project team by the China Life Insurance, Taiping Life, Taikang Life Insurance, Pacific Life, Ping An Life Insurance, Xinhua Life Insurance, the people's livelihood Life, PICC Life Insurance, Prudential Life and Skandia Life 10 companies from China Life Insurance Group as Long, the group set up under the norms of group development, professional groups and institutions to promote research group of the three groups to jointly promote the industry to carry out the work of the Security Bank.
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