December 10, 2008

Insurance companies this year is expected to burden 2,000,000,000 yuan (map)

With the financial turmoil, the insurance company's rapidly shrinking business there. To this end, the National Development and Reform Commission, Ministry of Finance a few days ago to the China Insurance Regulatory Commission issued a notice to the approval of the China Insurance Regulatory Commission to lower insurance costs charged by the insurance regulatory fees in order to reduce the burden on insurance companies.



The new charges from January 1, 2008 come into operation. Reporters found that the decline in the overall supervision cost about 0.2 percent. Or so.



According to CIRC statistics show that the January to October this year, the country achieve the original insurance premium income 8554.480273 billion, according to 0.2 percent. The calculation of regulatory costs, insurance rates for savings up to 1,711,000,000 yuan. It is estimated that burden is expected to 2,000,000,000 yuan.



Data show that the January to October this year, the three major insurance premium income growth slowed down with varying degrees. So far this year, China Life Insurance (601,628, it shares) in October on a single premium income for the first time less than 20,000,000,000 yuan, 1-Oct unaudited total of the original insurance premium income of about 264,800,000,000 yuan; Taibao life insurance in October Premium income for the first time this year, year-on-year negative growth. Insurance premium income in as many as hundreds of billions, at least tens of billions. If China Life premium income this year, 0.2 percent. The fee reduction will enable the company to monitor spending less supervision cost more than 500,000,000 yuan.



Securities and Futures Commission of the insurance business liability insurance and short-term health insurance from insurance companies according to the retention of the annual premium income of 1.8 percent. Fell 1.6 percent. Charge; other business property insurance, personal accident insurance business, by 1.9 percent. Fell 1.7 percent. Collection; insurance companies operating on long-term life insurance business, by 1.1 percent. Fell 0.9 percent. Collection; insurance companies operating on long-term health insurance by 1.0 percent. Fell 0.8 percent. Charge. The overall decline of about 0.2 percent. Or so.



In addition, the insurance company to operate a policy of export credit insurance, new rural cooperative medical insurance, rural small business person, family planning, insurance and agriculture insurance business, supervision of insurance business will be free of charge. Among them, agricultural insurance is the insurance companies operating on the planting, breeding and other agricultural industries in the production process due to specific natural disasters, accidents or disease caused by the economic compensation for loss of business.



In addition, specializing in the insurance intermediary business agencies, will also reduce the regulatory fees charged by the charge d'affaires by the proportion of business revenues of 1.5 percent. Fell 1.2 percent. . Among them, insurance agents, insurance agencies assess the public's insurance regulatory agencies of each annual fee of not less than 800 yuan, the insurance broker of insurance regulatory agency fees each agency each year not less than 1,200 yuan.

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