On December 24, the China Banking and Insurance Regulatory Commission announced that in recent years, the China Banking and Insurance Regulatory Commission has promoted the insurance industry to give full play to its risk protection function, further enriched the supply of insurance products to meet the diversified protection needs of the people, and further improved its ability to participate in social management and serve the real economy.
According to the data released by the cbcirc, from January to October 2021, the insurance industry achieved a total premium income of 3.91 trillion yuan, a year-on-year increase of 3.2%; The amount of insurance provided was 9411.43 trillion yuan, a year-on-year increase of 29.26%; All compensation and payment expenses were 1.27 trillion yuan, a year-on-year increase of 16.52%. The year-on-year growth rate of the amount of insurance provided was nearly 10 times that of the premium income, and the year-on-year growth rate of various compensation expenses was more than 5 times that of the premium income. The insurance guarantee function was brought into full play, and the people's sense of gain was greatly improved.
In the next step, the CIRC will continue to focus on the people, continue to guide the insurance industry to return to the source of protection, accelerate the transformation of development mode, provide insurance protection that meets the needs of the people, has multiple levels and wide coverage, continuously improve the quality and efficiency of serving the real economy and people's livelihood, and enhance the people's sense of gain.
Strengthen the risk guarantee of health insurance to meet the medical and health needs of the people
The new definition and incidence table of major disease insurance were officially implemented, and the guarantee liability of major disease insurance products was further upgraded. It has successively issued a number of normative documents, such as the notice on printing and distributing the management measures for serious illness insurance business of insurance companies for urban and rural residents, the notice on standardizing insurance companies' participation in pilot services of long-term care insurance system, the notice on standardizing urban customized commercial medical insurance business of insurance companies, and the notice on doing a good job in customer service of short-term health insurance business, Guide insurance companies to better serve and protect people's livelihood.
From January to October 2021, the health insurance compensation and payment expenditure was 339.719 billion yuan, a year-on-year increase of 54.25%. Among them, 74.836 billion yuan was paid for disease insurance and 175.425 billion yuan was paid for medical expense insurance. So far, there are 1.143 billion commercial health insurance policies in force, covering 748 million people. Among them, there are 636 million valid disease insurance policies, covering 391 million people; The number of effective medical insurance policies is 652 million, covering 660 million people.
The development of old-age insurance to meet the people's old-age needs was accelerated
Since June 1 this year, the pilot of exclusive commercial old-age insurance has been launched in Zhejiang Province (including Ningbo) and Chongqing, and the pilot insurance companies are encouraged to develop exclusive commercial old-age insurance products for Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) , new business employees and various flexible employees.
By the end of October, the accumulated premium income of exclusive commercial endowment insurance was about 200 million yuan, with more than 17000 insured people, including about 5600 online car drivers. The pilot of tax deferred pension insurance was steadily promoted. As of the end of October, 23 insurance companies had participated in the pilot, with a cumulative premium income of nearly 600 million yuan and more than 50000 participants. Promote relevant institutions to actively participate in the management of enterprise annuity, occupational annuity and basic old-age insurance funds, and the entrusted assets of enterprise annuity are nearly 1.5 trillion yuan.
Insurance claims for major disasters and accidents help post disaster recovery and reconstruction
Since 2021, the CBRC has actively organized the insurance industry to deal with major disasters and accidents such as the earthquake in Yunnan and Qinghai, heavy rainfall in Henan, gas explosion in Shiyan, Hubei, capsizing of Fuhe River in Guizhou, flood disaster in Shanxi and falling of commuter buses in Hebei.
As of December 1, 2021, the insurance industry of Henan 7.20 heavy rainfall event had received 528800 reports, paid 501000 compensation cases, paid 9.704 billion yuan of compensation, and the overall number of cases had reached 94.7%.
The comprehensive reform of auto insurance has significantly reduced consumers' premium expenditure
In September 2020, the cbcirc promoted the implementation of comprehensive reform of auto insurance. Since the implementation of the reform for more than a year, the phased objectives of "reducing prices, increasing insurance and improving quality" have been basically achieved, consumers have generally benefited and their sense of gain has been significantly improved.
By the end of October this year, the average premium paid by vehicles was 2762 yuan, 21% lower than before the reform, and 87% of consumers' premium expenditure decreased. It is estimated that since the reform, the accumulated expenditure for auto insurance consumers has been reduced by more than 200 billion yuan. At the same time, the average no compensation preferential treatment coefficient (NCD coefficient) of commercial auto insurance has decreased from 0.789 before the reform to 0.753. Many low-risk car owners with good driving habits and low accident frequency enjoy more premium concessions.
The development of property insurance in related fields provides more adequate risk protection for Lbx Pharmacy Chain Joint Stock Company(603883)
According to the data of China Banking and Insurance Regulatory Commission, from January to October 2021, agricultural insurance achieved a total premium income of 87.907 billion yuan, providing risk protection for agricultural production of 4.07 trillion yuan. By the end of October, the earthquake insurance community had provided 619.576 billion yuan of catastrophe risk protection for 15.8014 million households nationwide, and paid 70.3761 million yuan of compensation.
(Securities Daily)
