The product supply is further enriched, and the ability to serve the real economy is improved—

　　The risk protection function of the insurance industry continues to strengthen

　　Our reporter Yu Yong

　　The insurance industry will give full play to its risk protection function, further enrich the supply of insurance products that meet the diverse security needs of the people, and further enhance its ability to participate in social management and serve the real economy.

　　The latest data from the China Banking and Insurance Regulatory Commission shows that in the first 10 months of 2021, the insurance industry has achieved a cumulative premium income of 3.91 trillion yuan, a year-on-year increase of 3.2%; the insurance amount provided is 9,411.43 trillion yuan, a year-on-year increase of 29.26%; various indemnities and payments Expenditure was 1.27 trillion yuan, a year-on-year increase of 16.52%.

The year-on-year growth rate of the insurance amount provided by the insurance industry is nearly 10 times the year-on-year growth rate of premium income, and the year-on-year growth rate of various claims expenses is more than 5 times the year-on-year growth rate of premium income.

　　Health insurance coverage enhances the sense of gain

　　At the beginning of 2021, the new version of the definition and incidence table of critical illness insurance was officially implemented, and the protection responsibility of critical illness insurance products was further upgraded.

The China Banking and Insurance Regulatory Commission has successively issued the "Notice on Printing and Distributing the Measures for the Administration of Insurance Businesses for Urban and Rural Residents' Critical Illness Insurance Business", "Notice on Regulating Insurance Companies' Participation in the Pilot Services of the Long-Term Care Insurance System", and "Notice on Doing a Good Job in Customer Service for Short-term Health Insurance Business", etc. A normative document to guide insurance companies to better serve and protect people's livelihood.

　　In the first 10 months of 2021, health insurance indemnity and payment expenses were 339.719 billion yuan, a year-on-year increase of 54.25%.

Among them, the payment of illness insurance was 74.836 billion yuan, and the payment of medical expense insurance was 175.425 billion yuan.

Up to now, the number of valid commercial health insurance policies has reached 1.143 billion, covering 748 million people.

Among them, there were 636 million valid policies for sickness insurance, covering 391 million people; 652 million valid policies for medical insurance, covering 660 million people.

Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said that the insurance industry, as an industry that manages risks, needs to raise the level of professionalism in risk early warning, in-process management and post-event response.

Some insurance companies operating medical and health insurance have achieved fruitful exploration in major disease types, pathogenic mechanisms, drug vaccines, complications and nursing care, and have gradually become leaders and pioneers in this field.

According to Chen Yingdong, director of the Personal Insurance Department of the China Banking and Insurance Regulatory Commission, in the nine years since the implementation of my country's critical illness insurance system, a total of 55.3588 million people have been paid out. 10,000 yuan, effectively alleviating the problems of urban and rural residents "being impoverished due to illness" and "returning to poverty due to illness".

　　In 2021, the China Banking and Insurance Regulatory Commission will integrate the original supervision system of critical illness insurance, and build a supervision system that covers the entire process and link of critical illness insurance.

On December 27, 2021, the China Banking and Insurance Regulatory Commission issued the "Announcement on Adjusting the List of Major Illness Insurance for Urban and Rural Residents of Insurance Company Headquarters".

After the adjustment, there are 26 insurance companies with critical illness insurance business qualifications, including 14 life insurance companies and 12 property insurance companies.

　　The relevant person in charge of the China Banking and Insurance Regulatory Commission said that the integration of the regulatory system is mainly considered from three aspects: first, clarify the requirements for insurance companies and the government to carry out the liquidation of critical illness insurance projects, encourage liquidation according to the complete agreement period, and better achieve "guaranteed capital and small profits, revenue and expenditure." At the same time, strengthen the main responsibility of the company, requiring insurance companies to establish an internal accountability mechanism, rationally participate in the bidding of critical illness insurance, and do a good job in undertaking the work.

The second is to require insurance companies to have arrangements for long-term operation of critical illness insurance business, improve organizational structure, improve rules and regulations, strengthen staffing, and improve professional management and service levels in accordance with the operating standards for long-term health insurance.

The third is to integrate supervisory resources, give full play to the synergy of supervision, and better protect the legitimate rights and interests of the insured people.

　　Catastrophe insurance reduces the risk of major disasters

　　我国是世界上受自然灾害影响最严重的国家之一。2021年，云南、青海等地先后发生地震灾害，河南、山西、浙江等地夏季遭受暴雨和台风等灾害天气影响。记者在采访中了解到，灾害发生后各地保险公司全力配合地方政府做好救灾工作，积极摸排灾区灾情状况，建立24小时畅通接报案理赔渠道，推出多项快速理赔举措，做到应赔快赔、应赔尽赔。例如，云南震后22小时内完成4000万元的政策性农房地震保险理赔款支付。截至2021年12月1日，河南强降雨事件保险业共接到报案52.88万件，已赔付案件50.1万件，支付赔款97.04亿元，整体件数结案率已达94.7%。

　　2016年，监管机构先后出台《建立城乡居民住宅地震巨灾保险制度实施方案》《地震巨灾保险专项准备金管理办法》等多个文件，地震巨灾保险制度初步建立。此外，广东、宁波等15个省市推动开展了地方性巨灾保险试点，结合地方巨灾风险特点，提供差异化、特色化、定制化风险保障。截至2021年10月底，地震保险共同体累计为全国1580.14万户次居民提供6195.76亿元巨灾风险保障，累计支付赔款7037.61万元。

　　2021年8月，中再集团发布了我国第一个经中国地震学会认证、拥有自主知识产权、可商业应用的“中国地震巨灾模型2.0”。此举对系统性提升我国地震巨灾风险量化管理能力具有里程碑意义。模型既可以为保险公司商业化使用，制定精细化巨灾风险区划和限额管理、快速评估承保业务的保险损失、优化设计再保方案；也能够为快速评估地震灾害经济损失，辅助政府部门制定地震防灾减灾综合规划方案。

　　2021年10月，由中再产险发起的巨灾债券在香港成功发行，这是香港地区发行的首只巨灾债券，该债券主要保障标的为国内台风风险，募集金额3000万美元，开创了在港设立特殊目的保险公司进行巨灾风险证券化的先河。中再产险总经理张仁江表示，粤港澳大湾区作为我国台风、强降雨灾害最为严重的区域之一，做好巨灾风险的有效管理对于大湾区建设至关重要。

　　The relevant person in charge of the my country Banking and Insurance Regulatory Commission said that there are still some shortcomings in the development of catastrophe insurance in China.

For example, insurance products are not rich enough. The current catastrophe insurance is mainly based on earthquakes, and the insurance protection for typhoons, floods, health emergencies and other disasters is not perfect enough to fully meet social needs.

The coverage area is not balanced enough. For example, earthquake catastrophe insurance is mainly concentrated in individual areas such as Sichuan, and the coverage of other high-risk areas for earthquakes is obviously too low.

The insurance coverage is not yet comprehensive, the public's awareness of risk and self-insurance awareness is not clear, the insurance coverage is far below the international average level, and the role of catastrophe insurance in the catastrophe risk management system is not sufficient.

　　Comprehensive reform of auto insurance takes effect

　　In September 2020, the comprehensive reform of auto insurance was rolled out nationwide.

Since the reform has been implemented for more than a year, the phased goals of "price reduction, insurance enhancement and quality improvement" have been basically achieved, consumers have generally benefited, and their sense of gain has been significantly improved.

As of the end of October 2021, the average premium paid for vehicles was 2,762 yuan, 21% lower than that before the reform, and 87% of consumers' premiums fell.

It is estimated that since the reform, the accumulated spending for auto insurance consumers has reduced by more than 200 billion yuan.

At the same time, the average non-compensation preferential treatment coefficient (NCD coefficient) of commercial auto insurance dropped from 0.789 before the reform to 0.753, and many low-risk car owners with good driving habits and low accident frequency enjoyed more premium discounts.

　　The reporter learned in the interview that while the comprehensive reform of auto insurance has reduced the cost of insurance companies, the overall level of compensation in the industry has been continuously improved, allowing auto insurance protection to benefit more consumers.

As of the end of October 2021, the comprehensive loss ratio of auto insurance was 73.1%, a year-on-year increase of 16.2 percentage points.

　　In addition, the China Banking and Insurance Regulatory Commission issued the "Three-Year Action Plan for Promoting the High-Quality Development of the Property Insurance Industry (2020-2022)", urging the insurance industry to strengthen technological empowerment, and actively use technologies such as biotechnology, image recognition, artificial intelligence, and big data. Increase investment in digital, online and intelligent construction, enrich online products and service channels, and explore contactless underwriting and compensation.

Through a series of online reform measures and technological investment, the online service chain of compulsory traffic insurance has been extended, and the offline and online interaction has been integrated.

According to statistics, the online service coverage rate of major insurance companies has reached 80%, the quality and efficiency of compulsory traffic insurance operations have been further improved, and service satisfaction has steadily improved.