China Life Preparation Electric Company: Support the development of the network sales before the end of the year opening

Yesterday (August 29), http://www.aliyun.com/zixun/aggregation/33126.html "> China Life held interim results announcement," the company's chairman Yang Mingsheng said that the Chinese longevity has prepared an e-commerce company, Used to support the development of network sales, is processing the relevant procedures, is expected to open before the end of the year.

The semi-annual report of China Life has shown that the first-year payment premium of the company was decreased by 11.7% compared with the same period in 2012, due to the impact of macroeconomic environment, bank insurance supervision policy and financial products such as bank financial products. The proportion of the first-year premium to the first-year premium fell from 37.43% in the same period in 2012 to 30.28%.

Therefore, China Life has put forward the slogan of "Innovation-driven Development strategy". Yang Mingsheng said that network marketing is the most promising channel. He revealed that China Life has been preparing an E-commerce company, as a wholly-owned subsidiary of the Group, is in the process of opening procedures, "I would like to open before the end of the year." ”

Yang Mingsheng also revealed that before long China Life has officially signed a strategic cooperation agreement at Alibaba headquarters, the core of the agreement is mainly two aspects: first, China life through insurance funds and Alibaba cooperation, support Alibaba's warehousing and the entire logistics construction; Second, China longevity products how to sell through Alibaba electronic new channel. After signing the agreement, both sides formed a team and are studying how to get to the ground.

For net sales, Yang Mingsheng said that in the future to provide a modern, electronic and convenient marketing channels, and gradually divert and replace traditional channels, especially some physical channels. This can improve efficiency, but also reduce operating costs.

It is understood that the insurance industry in 2013 is facing a big expiration pay pressure, data from the CIRC, the 2013 is the life insurance industry to pay the peak year, only silver 5-year business has 230 billion yuan.

In this respect, Yang Mingsheng said, this year is the peak of China Life, pay a total of more than 100 billion in the first half of the year, 70 billion in the second half, there are 30 billion.

Yang Mingsheng said that the first half of China life to highlight the scale, the major increase in the major, especially in a few innovative products. Because of the strong growth of the scale, the liquidity has guaranteed, the Chinese longevity has not appeared any risk.