Pre-September rate of surrender life insurance companies is 2.98 percent within the normal range

Yuan Li said that China's economic fundamentals have not changed, the insurance industry still has great potential for development data for Shi Li

China Insurance Regulatory Commission spokesman Yuan Li 7 on the industry in the near future a number of hot issues answered a reporter's question. The insurance industry in the current international situation, the financial sustainability of the prudent underwriting business development, and how to advance the cause of rural insurance and other issues most concerned by the media and the outside world.

China's insurance market on the whole, maintained stability of the security operation. January-September data showed that the insurance industry to achieve the original insurance premium income 793,960,000,000 yuan, an increase of 49%. Insurance should play an economic compensation, compensation payments and a total expenditure of 222,720,000,000 yuan, up 35.5 percent. As insurance companies by the end of September, the total assets of 3.2 trillion yuan.

A reporter asked, the current macroeconomic situation, particularly the introduction of the central bank to cut interest rates policy on the development of the insurance industry will have an impact? Yuan Li said that the rate cut on the sale of insurance products and the use of the funds will have an impact, but the whole economic development of China's fundamentals have not changed, the insurance industry in China still have great potential for development, the future of the insurance industry will maintain a sustained And stable development momentum.

Prior to the China Insurance Regulatory Commission Chairman Wu Dingfu stressed that great attention should be focused and vigilant because of lack of insurance and consumer confidence may lead to misleading marketing of non-normal risk of surrender.

Yuan Li said that data from the point of view, by the end of September as National Life Insurance Company of the surrender rate of 2.98 percent, belong to the normal range, with the same period last year. A few individual companies in the region there have been cast even dangerous concentration of surrender, surrender is the main reason for misleading sales. China Insurance Regulatory Commission is currently conducting an investigation, in accordance with the law related to the violation of laws and regulations and personnel to deal with.

Yuan Li said the China Insurance Regulatory Commission will pay close attention to the danger of not even vote operation, requiring the company to increase the disclosure of information, and customers do pay a return visit, should be strictly investigated and illegal, and effectively safeguard the interests of insurance consumers.

Seventeen of the party adopted by the Third Plenary Session of the "CPC Central Committee on rural reform and development of a number of major issues" that it will "cause the development of rural insurance, improve the system of agricultural insurance policy on accelerating the development of agriculture and catastrophe reinsurance to spread the risks of mechanism . "

Yuan Li said the China Insurance Regulatory Commission has set up a special team will be in accordance with the Third Plenary Session of the 17 new requirements to carry out investigation and study and put forward sound policy-oriented agricultural insurance system of ideas and programs. At the same time, to further promote and standardize the existing planting, breeding, fisheries, cash crops, such as the development of the insurance, pay close attention to the agricultural insurance services system effectively protect the insurance rights and interests of farmers. According to statistics, the January to September, the national agricultural insurance premium income 9,110,000,000 yuan, to provide risk guarantee up to 187,622,000,000 yuan, insurance coverage for farmers more than 7300 million more than last year, an increase of 46.6 percent.

The beginning of June this year, Sichuan, Henan and Shanxi provinces and autonomous regions of 9 below the county level to carry out small township life insurance pilot, the China Insurance Regulatory Commission is to promote the development of the rural life insurance entry point. Yuan Li said that so far China Life Insurance (601,628, it shares), Pacific (601,099, it shares) Life, Taikang Life and Xinhua Life Insurance 4 to start a pilot micro-insurance, introduced the 14 "low premiums To ensure an appropriate, common policies, "a small special insurance products to cover low-income farmers have more than 230,000 people. Next, the China Insurance Regulatory Commission will sum up the experience of the pilot, an appropriate time next year is expected to expand the pilot.