[Explanation] In 2020, under the impact of the new crown pneumonia epidemic, how will the insurance industry perform?

On the eve of the National People's Congress of China, Zhou Yanli, a member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Insurance Regulatory Commission, said in an interview with China News Agency that in the past year, China's insurance industry premium income increased by 6.1% year-on-year, and the total assets of insurance companies increased by 13.3% year-on-year.

The insurance industry is still performing well and developing steadily under the epidemic.

Among them, the health insurance business showed significant growth.

  [Concurrent] Zhou Yanli, member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Insurance Regulatory Commission

  The health insurance business in 2020 has a relatively fast growth rate of 15.66%, and the scale of insurance premiums has reached 817.271 billion yuan. It should be said that this is a very outstanding performance. After the epidemic, the general people's health insurance Such awareness and improvement.

On the other hand, the supply of health insurance has been continuously optimized, especially critical illness insurance products have increased the level of protection and the degree of subdivided insurance products.

In addition, commercial medical insurance shows a strong momentum of development.

In the long run, this development momentum will continue.

  [Commentary] Zhou Yanli said that in the post-epidemic era, the insurance industry still faces many challenges.

In his view, digital transformation is the top priority for the future development of China's insurance industry.

  [Concurrent] Zhou Yanli, member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Insurance Regulatory Commission

  I believe that technological transformation and digital transformation can make commercial insurance and health insurance more precise and sustainable.

We can deeply participate in basic medical insurance. From international experience, the participation of commercial insurance in the medical insurance field in government medical cooperation is a general trend.

The second one can expand medical insurance for the common people, and even some insurance that can bring sick people.

The third aspect can promote the deep integration of health insurance and health services, open up the path of health data, expand the service boundary of insurance, and provide high-quality and convenient medical services.

  [Explanation] Zhou Yanli also pointed out that the integration of the Internet and insurance is accelerating, and problems are gradually emerging, such as illegal operations, marketing gimmicks, and sales risks.

He believes that the corresponding regulatory system should be improved as soon as possible.

  [Concurrent] Zhou Yanli, member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Insurance Regulatory Commission

  In order to pursue business scale and some gimmick hype, some insurance institutions also violated insurance principles and solvency requirements and blindly developed some products.

The organizations and personnel involved in Internet insurance marketing and promotion are of mixed quality and insufficient information disclosure. I think we need to strengthen management and control of risks.

One is to further improve and optimize the regulatory mechanism for Internet insurance, and coordinate some regulatory work.

The second is whether to allow some methods of Internet insurance business supervision, we need to further improve the institutional system.

Third, we must actively promote the Internet insurance regulatory system.

The fourth is to increase law enforcement to ensure the healthy and stable development of our cyberspace internet insurance.

  Wang Shibo Report from Beijing

Editor in charge: 【Qi Bin】