|
Welcome Guest
|
|
You are using Guest Account
|
|
||||||||||||||||||||||||||||||||||
|
In order to vigorously promote the insurance industry, accelerate the development of endowment insurance, bring the functions of the insurance industry in the enterprise annuity market into full play and explore a pattern of development that fits in with the situation of our country, we hereby put forward the following guiding opinions on promoting the insurance industry and accelerating the development of endowment insurance. I. BEING FULLY AWARE OF THE SIGNIFICANCE ON ACCELERATING THE DEVELOPMENT OF ENDOWMENT INSURANCE The endowment insurance system of our country is undergoing reform. The acceleration of the development of endowment insurance in the insurance industry is of great significance to deepening the reform of state-owned enterprises, transforming governmental functions, responding to the crisis of ageing, improving the social security system and promoting the socialist market economic construction. The enterprise annuity is an important business field of endowment insurance and a new growth point for life insurance. Accelerating the development of endowment insurance and the enterprise annuity thereof may bring the social administrative functions of the life insurance industry into full play so that the insurance industry will better serve the development of the national economy, the elevation of people's living conditions and the building of a harmonious society. II. UPHOLDING THE PRINCIPLES OF POLICY SUPPORT, ENTERPRISE INITIATIVE, MARKET OPERATION AND GOVERNMENT SUPERVISION AND ADMINISTRATION IN THE DEVELOPMENT OF ENTERPRISE ANNUITY The enterprise annuity is a supplementary endowment insurance that enjoys tax preferential policies. The relevant departments shall actively strive for the implementation of the tax preferential policies for enterprise annuity. For any enterprise endowment arrangement that doesn't enjoy any tax preferential policy, the enterprise thereof may purchase the group endowment insurance on its initiative. The sound development of enterprise annuity shall respect market laws and the variety of market operational modes. The enterprise annuity is part of the welfare plan of enterprise employees. An enterprise may decide for itself whether or not to establish an enterprise annuity plan and the business subject and mode thereof. An insurance company may provide the service of insurance contract type product or may provide the service of credit type product upon the authorization of the relevant department. We should accelerate the innovation in such aspects as products, system, technologies and services so as to meet pluralistic demands of enterprise endowment guarantee in flexible and diversified forms and through high-quality services. The governmental supervision is a necessity for the sound development of enterprise annuity and a necessity to protect the rights of consumers and strengthen the administration of tax collection. The enterprise annuity market is a market where many industries provide their services and several regulatory bodies concurrently exist. Such regulatory bodies as finance, taxation, social security and special administrative departments shall continue to strengthen cooperation and communication, clarify the responsibilities and carry out supervision in collaboration. The insurance companies shall be subject to the supervision of all regulatory bodies by law. III. GIVING FULL PLAY TO THE INITIATIVE ADVANTAGE AND SPECIAL ADVANTAGE OF THE INSURANCE INDUSTRY The insurance business operators have engaged in the business operation of endowment insurance for more than 20 years and undertaken researches and innovations in such aspects as market cultivation, scheme designing, asset management, capital operation and annuity distribution and have accumulated some experiences. The insurance business operators have actuarial evaluation techniques, sales and investment capacity and the administrative capability of matching long-term assets and liabilities so that it can provide diversified insurance products and provide comprehensive services including scheme designing, account management and investment for enterprises. At the present time, the endowment insurance and the enterprise annuity thereof are facing a once-in-a-blue-moon historical opportunity, so insurance companies shall establish a scientific development concept, actively participate in the market construction of enterprise annuity, give full play to its initiatives and special advantages, incessantly expand its service fields and make efforts to become the principal force in the enterprise annuity market. The insurance industry shall make full use of its industrial advantages and provide comprehensive welfare plans of employees for enterprises; shall exert its advantage in the administration of matching long-term assets and liabilities, formulate the strategy of long-term assets and liabilities administration so as to realize the security and steady appreciation of capital and make use of its actuarial evaluation advantage to provide services of actuarial evaluation consultation and scheme designing for those enterprises where plans are initiated. IV. TAMPING THE FOUNDATION AND STRENGTHENING THE SPECIALIZED OPERATION AND ADMINISTRATION We shall actively promote the specialized operation of endowment insurance, exert the industrial strength to formulate the actuarial evaluation standards and product standards of endowment insurance in the insurance industry, elevate the competitive competence of insurance products. An insurance company may, when the conditions become mature, establish a special department of enterprise annuity or a professional sub-company of endowment insurance and incessantly improve the client service system, elevate service quality and business techniques and foster its core competitiveness. The insurance companies shall take the market as the orientation, intensify the strength of product development, improve the endowment insurance product system so as to satisfy different demands of endowment guarantee at different income levels. At the same time, the insurance companies shall vigorously promote the innovation of sales modes, intensity the service website construction and strengthen the service convenience. V. INTENSIFYING RISK MANAGEMENT AND CONTROL AND ENHANCING CORE COMPETITIVENESS The insurance companies shall intensify the construction of their information platforms, actively develop or introduce advanced information management systems for business operations, incessantly improve the client management systems, enhance the transparency of account information and sufficiently satisfy the requirements of all the links involved in the payment, investment, inquiry and collection of endowment insurance and the enterprise annuity thereof. The insurance companies shall, through the construction of information management platform, build up a foundation platform for professional operations so as to elevate the capability of risk management and control. The insurance companies shall formulate training plans for the specialized talents of endowment insurance and the enterprise annuity thereof, strengthen their talents cultivation, put emphasis on fostering senior management personnel and talents of actuarial evaluation, insurance underwriting and client services. The insurance industry has advantages in long-term asset management and fixed income investment portfolios. The insurance companies shall make efforts to advance the investment management capability and strengthen the risk control of capital utilization. VI. PROMOTING MARKET SUBDIVISION AND GIVE FULL PLAY TO THE SOCIAL ADMINISTRATIVE FUNCTION OF THE INSURANCE INDUSTRY The promulgation of the Trial Measures for the Administration of Enterprise Annuity Funds shows that the urban enterprise annuity system of our country has stepped into the right track and provided a good start for the sound and favorable development of the enterprise annuity market. The insurance industry shall actively participate in the construction of urban enterprise annuity market and try every effort to contribute to the construction and improvement of the second pillar of endowment insurance system. The insurance industry shall intensify the strength of adjusting the endowment insurance business structure and foster those products with regular premiums, long terms and obvious ensuring functions. We should give full play to the functions of the insurance industry as the third pillar of the endowment insurance system, strengthen the research on the behaviors of the market and consumers so as to satisfy the endowment insurance demands of the citizens at various income levels and provide financial arrangements for the people's long-term lives in a steady manner. With the acceleration of the development of social economy and rural urbanization, the demand of rural endowment guarantee is on the way of satisfaction. The development of rural endowment insurance market has a great significance on the resolution of issues concerning the agriculture, countryside and farmers and giving full plays to the social administrative functions of the insurance industry. Those insurance companies with proper conditions shall actively probe into the issue on the development road of rural endowment insurance market. We should thoroughly study the features of rural endowment insurance demands, develop endowment insurance products that suit the rural demands in our country, strengthen the work of popularization of insurance clauses and promote the publicity and popularization of insurance products in villages. VII. STRENGTHENING EXCHANGE AND COOPERATION AND CREATING A GOOD BUSINESS ENVIRONMENT TOGETHER The insurance industry shall widely draw on the experiences of advanced concepts and techniques of foreign countries and, with a view to the actual situation, carry out reforms and innovations so as to enhance the level of industrial operation and administration in an overall manner. We should incessantly foster and enhance the consciousness of the general public on endowment insurance by means of news publicity and education for those who purchase insurance. At the same time, we should actively strengthen the communication and coordination between the governments at all levels so as to win over the support thereof and create a policy environment favorable for the development of endowment insurance and enterprise annuity. |
||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||
|
Copyright 2002 NovexCn.com
|