The complicated situation and pressure quickly spread to major financial institutions, and the word "steady" became the top-down choice in 2022. As China Life Insurance Group, which spans the three major sectors of insurance, investment and banking, Bai Tao, the new Party Secretary, also set the keynote of "steady growth, steady position, cost control and risk control" at the 2022 work conference, and highlighted the improvement of five major capabilities. The published operating data of China Life Group in 2002 1 year shows that the comprehensive revenue exceeds1trillion yuan, the comprehensive total assets exceed 5.7 trillion yuan, and the comprehensive management of third-party assets exceeds 2 trillion yuan, which is "steady" and has extremely special significance for this "big MAC" of state-owned financial insurance that is experiencing the pain of industry transformation. For the debt side of the insurance industry, although it faces many annoying problems such as lack of agents and poor reputation of the industry as a whole, the prospect of the insurance market is still broad and worth looking forward to. From a macro perspective, by comparing the economic volume and the corresponding insurance depth, China is still the largest insurance incremental market in the world. Judging from the policy environment, the accelerating development pattern and the prosperity of * * * will inevitably promote the formation of more new industries, new formats and new scenarios, thus providing more possible space for insurance product innovation. From the demand side, although the COVID-19 epidemic in recent two years has accelerated the change of insurance sales logic and mode, it has also accelerated the popularization of risk awareness, and the public's demands for risk management, wealth management and health management are more specific and intense, and insurance is expected to become a "must-have" in the production and life of enterprises and individuals.
In fact, the insurance industry is still promising. In addition to aiming at the needs of ordinary consumers and developing suitable insurance products to compete for the market, the head enterprises like China Life Insurance also play their comparative advantages and professional advantages in national strategic aspects such as modernization of social governance system, construction of multi-level social security system, three pillars of endowment insurance and rural revitalization, which not only shoulders the mission responsibility of the insurance industry, but also effectively broadens the sources of liabilities of the insurance industry.
Taking China Life Insurance as an example, in 20021year, the risk protection provided for the economy and society reached 537 trillion yuan, of which the risk protection provided by liability insurance reached 49.74 trillion yuan. Compared with the critical illness insurance, health insurance, accident insurance and even auto insurance and family property insurance that ordinary consumers are more familiar with, there are more "invisible" insurance guarantees behind this trillion-dollar figure. For example, the state attaches great importance to solving the problem of wage arrears for migrant workers, especially at the end of the year and the beginning of the year. Since the implementation of the Regulations on the Protection of Migrant Workers' Wage Payment in May 2020, China Life has actively met the needs of the system, established a risk assessment model for migrant workers' wage arrears in the field of engineering construction, and carried out insurance protection for migrant workers' wage payment. The latest case happened on the last day of 202 1. The contractor of Nanhongjialou Old City Reconstruction Commercial Garden Community Project in Linfen, Shanxi Province was unable to pay the total wages of 77 migrant workers 1.27 million yuan in a short time due to excessive advance payment. Relying on China Life's wage guarantee insurance for construction projects, China Life launched an emergency settlement plan, and paid 6.5438+0.277 million yuan in compensation to the account designated by the local Linfen Labor Inspection Brigade within 24 hours, thus ensuring the migrant workers' peace of mind for the New Year. At the work conference in 2022, China Life stated that it had provided161300 million yuan of wage payment guarantee for 3.23 million migrant workers.
Insurance is also closely related to the frequently used medical insurance, and the insurance industry is also playing an active role in helping the modernization of medical insurance governance. China Life provides basic medical insurance expense investigation, audit payment, trauma investigation, fund supervision and other health insurance entrusted management services for urban and rural residents, urban workers, civil assistance and other people in mature areas. At the same time, according to the entrustment of the local medical insurance department, in the process of undertaking policy health insurance such as serious illness insurance, relying on the intelligent audit information system and professionals, we will find suspected illegal compensation cases in time, try our best to recover the compensation, ensure the safety of the fund and give full play to the maximum benefit of the fund. Over the years, it has covered nearly 654.38+00 billion yuan in medical expenses, and the alleged illegal expenses found and reported to local medical insurance have reached more than 654.38+00 billion yuan.
Insurance payment is one of the indicators to measure whether consumers are satisfied, so the payment data reflects the quality of insurance development in the eyes of consumers to some extent. According to the data, in 20021year, the compensation amount of China life insurance company reached 54.6 billion yuan, and the accepted odds were 99.65%, ranking first in the industry. China Life Insurance Company paid 58 1 100 million yuan, and accepted the odds of 99.93%. Together, it is equivalent to 202 1 year, and China Life Group pays nearly 309 million yuan for its customers every day on average.