The Evolutionary Characteristics and Trends of China's Insurance Industry

DOI

10.2991/rac-18.2018.89How to use a DOI?

Keywords

characteristics and trends of industrial development; bank insurance merger supervision mode; China insurance industry

Abstract

The role of mutual aid mechanisms of promoting economic growth and safeguarding social stability in China's insurance services industry has not received sufficient attention. Insurance development and innovation still lags behind the level of its economic development. It is difficult to cope with the impact of global intelligent technology innovation of financial insurance and uncertainty of international economy and finance. It is still far away from the production and good life needs of the motherland and the people. Accurately grasp the characteristics and trends of the development and evolution of the insurance industry under the banking and insurance merger supervision mode, promote the micro-insurance risk management and insurance technology innovation, organizational system innovation and cultural awareness innovation, and enhance the comprehensive strength to adapt to the trend of insurance internationalization. It also strengthens the supervision department to prevent innovation risks, protect and stimulate innovation, form new business development space and new profit growth points, achieve breakthroughs in the industrial value chain, promote growth industry path optimization and competitiveness improvement, strengthen national industrial safety, and adhere to the nature insurance of mutual aid. It has important reference value for safeguarding the essence and comprehensively improving the development of China's insurance service industry.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiaolin Li
PY  - 2018/10
DA  - 2018/10
TI  - The Evolutionary Characteristics and Trends of China's Insurance Industry
BT  - Proceedings of the 8th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2018)
PB  - Atlantis Press
SP  - 567
EP  - 572
SN  - 2352-5428
UR  - https://doi.org/10.2991/rac-18.2018.89
DO  - 10.2991/rac-18.2018.89
ID  - Li2018/10
ER  -