27 Jul 2008

On China's insurance market competitiveness of the Group

Insurance Group's overall control of the competition with the collaboration of China's Insurance Group is the core competition. Insurance Group to promote healthy competition, regulators need to be clear, pre-empt regulatory vacuum; improve the regulatory system, effective control of operational risk, strengthening market supervision, and actively prevent unfair competition. Insurance Group enhance the overall competitiveness of the focus on the development path is: mutual benefit, the establishment of the internal market of the resource sharing mechanism to strengthen controls, the establishment of the risk of internal firewall system established authority, the establishment of smooth conduction of the strategy and execution system; reducing the burden To improve efficiency, and the establishment of sustainable development mode of operation.

Key words: insurance market; Group of competition

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