Nine insurance institutions participated, and Li Yunze emphasized that "the insurance industry must deeply grasp the rare historical opportunities."
Recently, Li Yunze, Secretary of the Party Committee and Director of the Financial Regulatory Bureau, hosted a seminar on the high-quality development of the insurance industry to hear relevant opinions and suggestions. Members of the Bureau's Party Committee, Deputy Director Xiao Yuanqi and Cong Lin participated in the discussion.
It is worth mentioning that Li Yunze has recently spoken multiple times on the theme of high-quality development of the insurance industry, reflecting the high importance placed on the insurance industry. On November 21, at the seventh member conference of the China Insurance Industry Association, Li Yunze emphasized the establishment of a comprehensive view of insurance, stressing the need to build a solid economic safety net, social security net, and disaster prevention network, and clearly indicating that the insurance industry must effectively change its development model, accelerating the shift from a focus on speed and scale to a focus on value and efficiency. (21st Century Economic Report)
The insurance industry is battling for the 2025 'New Year Red' market; can dividend insurance return to the C position?
In comparison to previous years, the launch of the insurance industry’s 2025 'New Year Red' campaign has been earlier. With the implementation of new accounting standards and the exacerbation of interest margin loss risks, leading insurance companies such as china life insurance, Ping An Life, new china life insurance, Taikang Life, and Taiping Life have successively introduced their key products for the 2025 'New Year Red,' competing for market share.
Compared to previous years, the start time for the insurance industry's 2025 'New Year Red' is more advanced. The implementation of new accounting standards combined with increased interest margin loss risks has led leading insurance companies to generally intensify the sales efforts of dividend insurance products. (International Financial News)
Personal pension system marks its second anniversary: the expansion of four major product categories to 836 options.
Since its launch in November 2022, the personal pension system has officially been in place for two years. According to data from the Ministry of Human Resources and Social Security, more than 60 million people have opened personal pension accounts.
In the industry view, personal pensions have a longer accumulation period, and customers prefer products with high safety, strong protection, and stable return characteristics such as guarantees; insurance products already have a core competitive advantage. However, in terms of scale, the development of insurance products still needs to break through. (Daily Economic News)
