On March 2, at the press conference of “promoting a virtuous cycle of economy and finance and high-quality development” held by the State Council Information Office, Bai Tao, Secretary of the Party committee of China Life Insurance Company Limited(601628) group, said that social security involves thousands of households, is related to the well-being of people’s livelihood and the long-term stability of the country. For a long time, China Life Insurance Company Limited(601628) thoroughly implemented the decision and deployment of the CPC Central Committee, adhered to the return to social security in accordance with the work requirements of the CBRC, and participated in the construction of the social security system in an all-round and multi-level way.
By the end of 2021, China Life Insurance Company Limited(601628) has provided nearly 540 trillion yuan of risk guarantee for customers and enterprises and institutions, serving more than 800 million customers in total. Bai Tao said, China Life Insurance Company Limited(601628) give full play to professional advantages, system advantages, network advantages and team advantages to improve the operation efficiency of the social security system and make basic medical insurance services more convenient and efficient. For example, China Life Insurance Company Limited(601628) life insurance company’s serious illness insurance system has realized “one-stop” settlement service with more than 30000 hospitals, gradually solving the problem of difficult settlement of medical treatment across provinces.
Bai Tao said, China Life Insurance Company Limited(601628) give full play to its comprehensive financial advantages and actively participate in the construction of the “three pillars” old-age security system. In terms of the first pillar, China Life Insurance Company Limited(601628) endowment insurance company has specialized in operation for more than 15 years, accumulated rich professional management experience, and managed nearly 30 billion yuan of social security fund. In the second pillar, China Life Insurance Company Limited(601628) pension insurance company provides the whole process of enterprise annuity and occupational annuity management services to maintain and increase the value of customers’ pension funds. At present, the company manages the pension scale of enterprises and institutions of about 1.2 trillion yuan, provides occupational annuity management services for 32 overall planning areas, and serves nearly 30000 enterprise annuity customers. In the third pillar, China Life Insurance Company Limited(601628) life insurance company actively carried out long-term care insurance to protect more than 23 million people; It has underwritten more than 52 million insurance businesses with pension attributes, and the accumulated reserve is about 1.7 trillion yuan, providing financial reserves for the pension of our customers.
China Life Insurance Company Limited(601628) life insurance companies are also the first batch of institutions to participate in the pilot of exclusive commercial endowment insurance and tax deferred endowment insurance of China Banking and Insurance Regulatory Commission. In the pilot city of Chongqing, about 70% of the insured customers of “Guoshou xinxiangbao” exclusive commercial endowment insurance are new business types such as couriers and online car Hailing drivers. At the same time, China Life Insurance Company Limited(601628) pension insurance company has actively participated in the construction of individual commercial pension of CBRC and individual tax deferred pension account system of the Ministry of human resources and social security.
Bai Tao said that China Life Insurance Company Limited(601628) has set up a 20 billion yuan pension fund around Lbx Pharmacy Chain Joint Stock Company(603883) pension needs, invested in commercial pension projects in South China, East China, North China, southwest and other places, and provided multi-level pension services such as institutional pension, community pension and home-based pension. At the same time, China Life Insurance Company Limited(601628) also set up a 50 billion yuan health fund focusing on the needs of health management. At present, 40 medical and health enterprises have been invested to integrate health management, medical and pharmaceutical hospitals and other service resources to better meet the needs of people’s health management.
