Abstract: Bai Tao said that China Life Insurance Company Limited(601628) will continue to implement the decision-making and deployment of the CPC Central Committee, comprehensively strengthen capacity-building, further give full play to the economic "shock absorber" and social "stabilizer" functions of insurance, fully serve the construction of a comprehensive, inclusive and diversified social security system, and contribute to the national life of the elderly in a happy old age.
On the afternoon of March 2, the Information Office of the State Council held a press conference on "promoting a virtuous cycle of economy and finance and high-quality development". Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, introduced the situation of the banking and insurance industry in preventing and resolving financial risks, supporting the recovery of steady growth of the national economy, Inclusive Finance and deepening reform and opening up. At the same time, he also introduced the key work direction and content of the China Banking and Insurance Regulatory Commission and answered reporters' questions. Focusing on social security and pension finance, Guo Shuqing pointed out that he would continue to standardize the development of the third pillar pension insurance and steadily promote the development of multi-level and multi pillar pension insurance system As a representative of the insurance industry, Bai Tao, Secretary of the Party committee of China Life Insurance Company Limited(601628) group, introduced the important role of insurance in the national economy and people's livelihood such as the social security system at the press conference.
Social security involves thousands of households, is related to the well-being of people's livelihood, and is also related to the long-term stability of the country. In February 2021, the 28th collective study of the Political Bureau of the CPC Central Committee focused on improving the social security system covering the whole people. The State Council recently issued the national plan for the development of the cause of aging and the elderly care service system during the 14th five year plan, which made specific arrangements and arrangements for promoting the coordinated development of the cause of aging and industry. Bai Tao said that for a long time, China Life Insurance Company Limited(601628) thoroughly implemented the decision-making 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 at all levels.
We will continue to provide insurance services and improve the social security system
China Life Insurance Company Limited(601628) by closely weaving the social security network, we will continue to protect the people's good life. The services of the group's life insurance companies cover health, pension, medical treatment, education, accident and other fields, providing customers with a full chain of life insurance services. The risk protection services of property insurance companies cover various fields from production to life, from urban to rural areas, from property safety to accident protection, from enterprises to individuals and so on. 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 cross provincial medical settlement.
By the end of 2021, China Life Insurance Company Limited(601628) is running more than 210 serious illness insurance projects, covering more than 350 million urban and rural residents; The supplementary medical insurance program covers 91 million people. In addition, China Life Insurance Company Limited(601628) undertakes nearly 80% of the serious illness insurance business with insurance liability inclined to the poor population, that is, reducing the starting line for the poor population, appropriately increasing the reimbursement proportion and the maximum guarantee limit, so as to support the increase of guarantee liability for the poor people as much as possible.
Give full play to business advantages and improve the old-age security system
At present, China is accelerating the construction of the "three pillars" system of old-age security, which fully covers the first pillar of basic old-age insurance, the second pillar of enterprise annuity and occupational annuity, and the third pillar of all kinds of old-age financial products voluntarily purchased by individuals.
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 pension scale of enterprises and institutions is 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.
In addition, China Life Insurance Company Limited(601628) life insurance companies are the first batch of institutions to participate in the pilot of exclusive commercial endowment insurance and tax deferred endowment insurance of the CBRC. At the same time, pension insurance companies have 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, China Life Insurance Company Limited(601628) focusing on the needs of Lbx Pharmacy Chain Joint Stock Company(603883) pension, set up a 20 billion yuan pension fund, 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.
Bai Tao said that China Life Insurance Company Limited(601628) will continue to implement the decision-making and deployment of the CPC Central Committee, comprehensively strengthen capacity-building, further give full play to the economic "shock absorber" and social "stabilizer" functions of insurance, fully serve the construction of a comprehensive, inclusive and diversified social security system, and contribute to the national longevity of the elderly in their happy old age.
