综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

79 companies quit insurance intermediary market in 1st half

(Xinhua)
Updated: 2007-08-03 15:10

A total of 79 insurance intermediaries were forced out of the market for poor management or violation of rules in the first half of this year, according to the China Insurance Regulatory Commission (CIRC).

The list of failures comprised 64 insurance agencies, five brokerage companies and ten adjusting firms.

Market forces were wiping out companies that failed to withstand the fierce competition, and would boost the healthy development of the market, CIRC officials said.

The insurance intermediary market experienced a boom after market access requirements were lowered in 2003.

The intermediary sector was not performing well due to a lack of expertise and weak recognition among clients, and it contributed only 4.1 percent of the nation's total insurance premiums, compared with an average 70 percent in developed countries.

The sector finally managed to make a combined profit of 99.36 million yuan last year after several years of losses, on the strong performance of insurance brokerage companies and adjusting firms.

Among the intermediaries forced out in the first half, more than 80 percent were insurance agencies, which suffered losses totaling 23.61 million yuan in 2006, the commission said.

Analysts said it was good to see some of the unqualified companies wiped out after the commission intensified supervision over the insurance intermediary market.

The withdrawal of these firms would have little impact on policy holders because they could easily turn to more qualified intermediaries, they said.

By the end of June, the insurance intermediaries registered in China totaled 2,256, according to the CIRC statistics.


(For more biz stories, please visit Industry Updates)



合阳县| 旬阳县| 松溪县| 视频| 罗定市| 洛扎县| 长葛市| 兴宁市| 恩施市| 托克托县| 武义县| 湄潭县| 准格尔旗| 汝城县| 沙洋县| 锡林浩特市| 建瓯市| 龙口市| 彭泽县| 板桥市| 襄樊市| 苗栗市| 英吉沙县| 金川县| 凉山| 正阳县| 商河县| 盐边县| 大姚县| 丰镇市| 翼城县| 绵阳市| 靖西县| 修水县| 湖口县| 米易县| 克什克腾旗| 太谷县| 太仓市| 新巴尔虎左旗| 宁武县|