China Insurance Regulatory Commission Vice Chairman Zhou ceremony on the 19th that since the 1979 restoration of the domestic insurance business so far, the insurance industry asset size is now more than 3,000,000,000,000 yuan, up 110 more than the number of insurance companies, employing more than 200 million people. He predicted that this year the domestic insurance total premium income will exceed 1 trillion yuan.
Zhou attended the ceremony at the China People's Insurance reform and opening-up achievements in the development of the 30th anniversary of the launch of the exhibition-cum-China People's Insurance 59 anniversary celebrations of the statements made in this.
It is reported that China People's Insurance and New China attendant, has been set up in 1949. However, due to historical reasons, the new Chinese insurance industry ups and downs several times, once to enter the 20-year standstill period. Until China's reform and opening-up, full restoration of the insurance industry, into the booming real track.
Data show that in 1980 the national premium income of 4.6 billion in 2007 premium income has increased to 703,576,000,000 yuan, an average annual increase of 30%. January to August this year, the national premium income reached 713,399,000,000 yuan, up 52.24 percent, more than the sum of the whole of last year. This represents the speed of calculation, the premium income for the year expected to top 1 trillion yuan mark.
Zhou added that China is the People's Insurance reform and opening-up of witnesses, and Qin Lizhe is also a beneficiary. From 1979 to resume domestic insurance business, in 1996 to set up the Chinese People's Insurance Group, now and then to the building of world-class large-scale modern insurance Financial Group's strategy of rapid advance of the Chinese People's Insurance engraved with the growth of reform and opening up a deep imprint. With the current overall strength of the Group of the rapid growth of the service capacity significantly increased, and the social impact of brand image has improved significantly, the Chinese People's Insurance has become bigger and stronger China an important force in the insurance industry.
He asked the Chinese People's Insurance further emancipate their minds, update their concepts, to adapt to the new situation and new tasks to complete. Intensified the reforms and innovative mechanisms to improve the system, strengthen strategic coordination and system resources, further promoting the construction of the Group. To further the development of innovative business and marketing strategies, to guard against operational risks and achieve a sustained, rapid and sound development.
In terms of premium income, current Chinese People's Insurance Group, second only to China Life Insurance (601,628, it shares) of the Group of the mainland's second-largest insurance group, the China's People's Insurance Insurance is a H-share listed companies. The group was established in accordance with the plan to promote the restructuring, with a view to next year the conditions are ripe to achieve the overall objective of the listing. (According to the Xinhua News Agency Xinhua)
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