Insurance premium income growth in high-risk fell to release

In 2008 the first half of the life insurance premium income realized 182.1 billion, an increase of 50 percent, safe life premium income of 53.9 billion to achieve, an increase of 27.8 percent, Taibao life premium income of 38.9 billion to achieve, an increase of 59%. Adjustment in the stock market, a short-term earnings impact on insurance companies, investment income declined, but the strong wishes of the residents to avoid risks, the growth of household savings, life insurance premium income growth will accelerate there.

With a number of advantages in expanding the scale of the insurance companies, insurance companies leading the market share of the decline is a normal phenomenon. Insurance products can easily be copied, the product's brand image will not be much difference, the more difficult to establish their own unique heterogeneity, the insurance company's competitiveness depends largely on the personal business marketers and the company's ability to expand Investment capacity to bring the interests of its clients.

China's snowstorm this year and has withstood earthquakes and other severe natural disasters, the current situation, despite the insurance industry actively payment, but insurance payments accounted for disaster loss ratio remained low, we believe that the latter part of seismic work is completed, the insurance companies. Complaints and adjustments will require an increase, but the insurance company and the impact will not be too great. After the test of catastrophe insurance awareness of the people to strengthen, we expect the future premium income will remain relatively high speed of growth, the insurance industry to maintain our neutral rating.