Futures bonded delivery opening gate PICC Rush Air Insurance Center

One side is Shanghai to start the futures bonded delivery business, the other side is the PICC and the two insurance giants respectively announced the establishment of the Shipping Insurance Operations center, seemingly unrelated to the two financial operations, but because the former will pull China's tens of billions of shipping insurance market and closely linked. "Huaxia Times" reporter learned that, December 24, 2010, Shanghai Futures Exchange announced the formal beginning of copper, aluminum two varieties of futures bonded delivery pilot, the pilot area for the Maritime mountain bonded port. December 29, the Chinese security in Shanghai set up the first domestic shipping insurance Operations Center, December 30 China's Tai Bao shipping insurance business Operations Center also officially unveiled in Shanghai.　　January 5, 2011, Shanghai Futures Exchange officially launched the Futures bonded delivery business. "Two companies set up only one day, this with Shanghai to start futures bonded delivery business, especially to copper and aluminum two varieties bonded delivery has a great link."　　"January 6, a person involved in the preparation of one of the Aviation Insurance Center in the interview revealed.　　The two giants first confidential want to earn billions of of dollars in shipping insurance premiums, PICC and the Kingpin must make every effort to seize the opportunity. At the ceremony of December 29, 2010 when the PICC set up the Air Insurance Centre, the owner of the PICC group said the advantages of the company's net retention risk in the domestic non-life insurance companies are the highest, and through a long-term partnership with Munich reinsurance, Swiss reinsurance and so on can obtain the shipping insurance business effective reinsurance arrangements.　　At the same time, PICC and Cosco, China Sea, Sinotrans Long Airlines Group and other large shipping industry customers to establish a solid and stable cooperative relations, shipping insurance business has begun to infiltrate Southeast Asia, the Middle East, Africa and other countries. And the Tai Bao on December 3, 2009 set up the insurance industry's first shipping insurance division, the shipping insurance business specialized operation.　　In the last year, the Tai Bao Shipping Insurance division in the underwriting claims, sales channels, business development, customer service, human resources, institutional construction and other aspects of effective integration, shipping insurance professional line construction has begun to take shape. "China is the world's largest importer of copper, the annual consumption of copper has more than half is from the import, but the Chinese buyers must be directly from the customs after the import, now do not need to pull away directly, placed in the Yangshan port bonded warehouse can, millions of copper in bonded warehouses, but also to transport out, Predict how much premium income the insurer can bring to the insurance company.　　He Weiming, a professor at Shanghai Maritime University, said in an interview. Shipping insurance premiums or a sudden rise January 7, the reporter obtained from the relevant channels of the International Maritime Transport Insurance Association statistics show that the 2009 Global marine Insurance Market size reached about 28 billion U.S. dollars, does not include marine reinsurance and shipowners Insurance and Compensation Association figures, of which London accounted for 23% of the global market share, But the global marine insurance market is the largest in Japan, with a premium of $2 billion, followed by Germany, with a premium of $1.5 billion, and London as the largest market for Hull insurance, with a 2009-year premium scaleIs 1.5 billion dollars, followed by Norway for 1 billion dollars.　　And the data of domestic ship insurance and freight insurance, is dwarfed, last January-May, the national ship insurance and freight insurance total premium income of about 7 billion yuan, the total annual premium income of about 15 billion yuan, Shanghai's shipping insurance business accounted for the global market share of only 1%, and Shanghai Port throughput ranked first position in the world "very far." "With the launch of the Shanghai pilot Futures bonded delivery, I believe there will be a substantial increase in ship insurance and freight insurance in Shanghai this year."　　"said Xu Liang, professor of Sufe Insurance. Although the latest 2010 annual Shanghai ship insurance premiums have not yet been released, but the industry has predicted that this year's ship insurance and freight risk premiums can be increased rapidly.