The mixed management:the only way of insurance industry development in China
Yang Zhong-hai
Abstract
Yang Zhong-hai
Abstract
Looking from the development of international insurance industry, the mixed management of insurance industry already became one kind of universal development tendency. The mixed management mainly has two kinds of patterns: finance or insurance service group and bank insurance. Permitting insurance company to adopt the way which cooperates firstly and develops late, realizing scale economy benefit and making our country insurance industry to be bigger and stronger.
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Looking from the development of international insurance industry, the mixed management of insurance industry already became one kind of universal development tendency. The mixed management mainly has two kinds of patterns: finance or insurance service group and bank insurance. Permitting insurance company to adopt the way which cooperates firstly and develops late, realizing scale economy benefit and making our country insurance industry to be bigger and stronger.
Key concepts: Insurance industry, Business, Business interruption insurance, Key person insurance, General insurance, China, Insurance law, Scale (ratio)