December 16, 2008

"Micro-insurance of the International Seminar" was held in Beijing

November 4, the International Department of China Insurance Regulatory Commission and the Hong Kong insurance co-organized by the Office of the Commissioner of "micro-insurance international seminar" in Beijing.

Chen assistant to the chairman of the China Insurance Regulatory Commission, attended the opening ceremony and delivered a speech. He pointed out that in June this year, the China Insurance Regulatory Commission issued the "Small rural life insurance pilot program" in 9 provinces and autonomous regions of the following counties to carry out small township insurance pilot, the pilot of the central rural work fit the spirit of reform and development, A relaxation of the insurance company is scheduled to interest rate products, distribution channels and micro-insurance sales qualifications, supervision fee waiver to encourage insurance companies to carry out model and technology innovation. Just two months after the pilot made an initial effect. First, the new products, provided farmers with low-cost, appropriate safeguards to protect the personal insurance. At present, a total of 14 micro-insurance products, both middle-aged pilot sales of premium less than 30 yuan. The second is to explore new business model to include retail insurance coverage to the middle and low-income farmers. China Life Insurance (601,628, it shares) through the entire village in Shanxi branch of the EC mission security risk for remote rural micro-insurance; through the village doctors, plumbers, and other micro-insurance agent; to carry out micro-insurance, such as family insurance business . China Insurance Regulatory Commission will be a breakthrough for rural micro-insurance, and actively develop rural insurance, and insurance services to achieve the Pratt %26amp; Whitney, so that the majority of the rural masses of the insurance industry to share the fruits of development. Chen hoped that China's insurance industry to take full advantage of this international seminar on micro-insurance opportunities to strengthen exchanges and promote the development of China micro-insurance.

China Insurance Regulatory Commission staff of the departments, the Hong Kong delegation of the OCI, as well as domestic insurance companies to engage in small business representatives attended the meeting. From India, Thailand and Bolivia, and other rapid development of micro-insurance, coverage of the country's experts in their own micro-insurance market to open up the process of experience, and the development trend of micro-insurance to the outlook.

No comments: