The profits of insurance companies mainly come from the following three aspects.
Namely: fee difference rate, dead difference rate and spread rate.
1, cost variance rate
Refers to the difference between the actual operating expenses and the estimated expenses of an insurance company.
When operating a product, the company is expected to spend 1 100 million yuan, but only 50 million yuan is spent in actual business activities, so the remaining 50 million yuan is the difference between expenses and income, and vice versa.
Let's explain it through a formula:
Fee difference rate = operating profit+capital cost/premium income of renewal policy = operating profit rate+capital cost rate * total liabilities/premium income
Therefore, if the insurance company's management and operation ability is excellent, the higher the cost difference, the more the company's profits, and the pockets will naturally swell.
2. Mortality rate
The death difference refers to the difference between the actual death rate of the insured and the expected death rate of the insurance company.
Lao Wang runs an insurance company and recently opened a private nursing home next door.
The children of the old people are all "other people's children", excellent and filial. For the health of the elderly, they have bought life insurance for their parents from Lao Wang Insurance Company next door.
Through data analysis, Lao Wang found that among the users who bought XX life insurance products in the past, 5 out of every 1000 people died. But by the end of the product term, only three people had died.
Then two people who don't die within the time limit don't need compensation. It's a wonderful income ~
"Those who died of unnatural causes? For example, what about these users who died in typhoons and earthquakes? "
Companies with a lot of bad luck: insurance contracts are less guaranteed, and natural disasters such as typhoons, earthquakes and tornadoes do not need compensation.
If the company is small, the compensation will not be too much. As long as the forecast is higher than the actual situation, the total amount of insurance sold is higher than the compensation. Is this the secret for insurance companies to make a lot of money? Of course not.
The spread is the key to the profit of insurance companies.
3. The main source of profits of insurance companies.
As the main profit source of insurance companies, similar to bank deposits and loans, insurance companies' product premiums also have certain pricing profits.
Lao Wang's insurance company is doing well and his career is booming. I have been running the company for two years and opened a Porsche 9 1 1.
The pricing interest rate of Lao Wang's insurance company is 3.5%, and the rate of return he gets after making various investments with users' premiums is 6%. During this period, the difference of 2.5% is his profit.
It depends on these three points: fee difference rate, dead difference rate and spread rate. The insurance company that has been paying is booming, drinking and driving, making our money.
02
Which insurance companies make the most money with high profits?
The higher the spread, the more profits the insurance company will make and the more money it will earn. The products with high spread rate are mainly wealth management insurance and return insurance.
As money-making machines of insurance companies, these two brothers have done their best. Every time they go out to collect "protection money", they collect more than one.
Financial insurance has a younger brother named "Open Door Financial Insurance". You only need to show up for one or two months a year, and your income often accounts for more than 50% of the annual income of insurance companies.
Salespeople like to say one thing when selling return insurance: cure if you are sick. It seems to be quite cost-effective, but in fact, the yield of this kind of insurance is not high.
20 18 The financial reports of the insurance industry and five listed insurance companies were released;
The highest return on total investment is 4.90% of PICC in China, and the lowest is 3.28% of PICC in China. The highest net return on investment is 5.50% of PICC in China, and the lowest is 4.64% of PICC in China.
The funds of insurance companies are regulated, and most of their income comes from bank deposits and national debt. Therefore, the yield of wealth management insurance that can be provided is lower than the interest rate of bank wealth management products in the same period.
The net return on investment of insurance companies is generally only about 5%. Don't fantasize about how much money financial management can earn and how affordable it is to return to this type.
It was all won by * *.
Stupid stock world
1 hour ago
The profits of insurance companies mainly come from the following three aspects.
Namely: fee difference rate, dead difference rate and spread rate.
1, cost variance rate
Refers to the difference between the actual operating expenses and the estimated expenses of an insurance company.
When operating a product, the company is expected to spend 1 100 million yuan, but only 50 million yuan is spent in actual business activities, so the remaining 50 million yuan is the difference between expenses and income, and vice versa.
Let's explain it through a formula:
Fee difference rate = operating profit+capital cost/premium income of renewal policy = operating profit rate+capital cost rate * total liabilities/premium income
Therefore, if the insurance company's management and operation ability is excellent, the higher the cost difference, the more the company's profits, and the pockets will naturally swell.
2. Mortality rate
The death difference refers to the difference between the actual death rate of the insured and the expected death rate of the insurance company.
Lao Wang runs an insurance company and recently opened a private nursing home next door.
The children of the old people are all "other people's children", excellent and filial. For the health of the elderly, they have bought life insurance for their parents from Lao Wang Insurance Company next door.
Through data analysis, Lao Wang found that among the users who bought XX life insurance products in the past, 5 out of every 1000 people died. But by the end of the product term, only three people had died.
Then two people who don't die within the time limit don't need compensation. It's a wonderful income ~
"Those who died of unnatural causes? For example, what about these users who died in typhoons and earthquakes? "
Companies with a lot of bad luck: insurance contracts are less guaranteed, and natural disasters such as typhoons, earthquakes and tornadoes do not need compensation.
If the company is small, the compensation will not be too much. As long as the forecast is higher than the actual situation, the total amount of insurance sold is higher than the compensation. Is this the secret for insurance companies to make a lot of money? Of course not.
The spread is the key to the profit of insurance companies.
3. The main source of profits of insurance companies.
As the main profit source of insurance companies, similar to bank deposits and loans, insurance companies' product premiums also have certain pricing profits.
Lao Wang's insurance company is doing well and his career is booming. I have been running the company for two years and opened a Porsche 9 1 1.
The pricing interest rate of Lao Wang's insurance company is 3.5%, and the rate of return he gets after making various investments with users' premiums is 6%. During this period, the difference of 2.5% is his profit.
It depends on these three points: fee difference rate, dead difference rate and spread rate. The insurance company that has been paying is booming, drinking and driving, making our money.
02
Which insurance companies make the most money with high profits?
The higher the spread, the more profits the insurance company will make and the more money it will earn. The products with high spread rate are mainly wealth management insurance and return insurance.
As money-making machines of insurance companies, these two brothers have done their best. Every time they go out to collect "protection money", they collect more than one.
Financial insurance has a younger brother named "Open Door Financial Insurance". You only need to show up for one or two months a year, and your income often accounts for more than 50% of the annual income of insurance companies.
Salespeople like to say one thing when selling return insurance: cure if you are sick. It seems to be quite cost-effective, but in fact, the yield of this kind of insurance is not high.
20 18 The financial reports of the insurance industry and five listed insurance companies were released;
The highest return on total investment is 4.90% of PICC in China, and the lowest is 3.28% of PICC in China. The highest net return on investment is 5.50% of PICC in China, and the lowest is 4.64% of PICC in China.
The funds of insurance companies are regulated, and most of their income comes from bank deposits and national debt. Therefore, the yield of wealth management insurance that can be provided is lower than the interest rate of bank wealth management products in the same period.
The net return on investment of insurance companies is generally only about 5%. Don't fantasize about how much money financial management can earn and how affordable it is to return to this type.
cannot
It doesn't matter, just as how much money you get at work has nothing to do with the bankruptcy of the company.
The profit sources of insurance companies include dead difference, interest spread and interest spread, and the profits of employees of insurance companies have nothing to do with whether the insurance companies are bankrupt or not.
Generally, if there are too many people insured, there will be an insurance company to buy this house. Well, usually nothing.
Don't! The company has money! Moreover, the insurance law also clearly stipulates that those who operate life insurance business shall not go bankrupt!
Sales staff of insurance companies earn commissions, which are paid by insurance companies and have nothing to do with insurance customers. When a customer buys insurance, the insurance company will fulfill the terms in the insurance contract.
But you should note that the higher the commission of the salesman, the better the product will be for the insurance company. Otherwise, why should the insurance company give the salesman a high commission? It is beneficial to insurance companies, which means that the product is not very cost-effective for customers, so buy it carefully.
Finally, I recommend that you buy insurance on Alipay and WeChat, where you can pay monthly, and there is no salesman to get commission, and the choice is wide.