Since June, the China Insurance Regulatory Commission for approval Pa Hsin-cheng, Hai Kang, Jinsheng, and the sun, Wing-shing, and other 11 branches for the company. As market competition intensifies, insurance companies in the layout of an increasingly accelerated pace.
Joint venture life insurance company has been a major expansion of the body, to headquarters in Shanghai Hai Kang, Jinsheng, companies such as Haier New York, for example, through the respective branch offices or marketing services in the form of cloth, nearly 20 cities nationwide. Earlier, the author in a number of new joint-venture life insurance branch's opening ceremony, heard on "The company is headquartered in Shanghai have gathered effect, but the Shanghai market competition too intense, to the company's shareholders and the great pressure" Remarks. According to reports, some based in Shanghai, the joint venture company in Shanghai's performance may not be accounted for more than 20 percent, which also led to insurance companies must go out to Ersan Xian provinces and cities expand.
To the popular "cloth," Chengdu, for example, a joint venture company president said: "As the population in Southwest China's metropolis of more than 10 million, less than 300 yuan per capita in Life premiums, this city's life insurance market contains great potential. At the same time, in the western development environment, as the frontier city of Chengdu, will face a new round of development opportunity.
2 Aug 2008
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