The insurance protection fund shall be centrally managed and used as a whole. The guarantee fund of a property insurance company shall be paid by property insurance companies, comprehensive reinsurance companies and property reinsurance companies; The guarantee fund of a life insurance company consists of payments from life insurance companies, health insurance companies and life reinsurance companies. The wealth management products launched by insurance companies are approved by the regulatory authorities. Most users will issue wealth management products when they buy in the bank.
These financial products are jointly launched by banks and insurance companies. For some users who don't know much about financial management, they are often confused. This kind of wealth management can be purchased, but before purchasing wealth management products, we must understand the responsibility, income calculation and specific operation mode of the products, so as to avoid buying wealth management into insurance. The insurance market is dominated by American and European markets, while the China market has not yet developed. With the development of the world insurance market, the Asia-Pacific market represented by China is expanding. The Swiss Reinsurance Research Center predicts that the US market share will drop to 25%.
More and more medium-sized enterprises will enter the market and continue to compete. Insurance companies will upgrade their products and services, and there are more and more insurance companies. In the later stage of development, the competition is becoming more and more fierce, and the cost performance and professionalism of products are getting higher and higher. At present, the professionalism of insurance practitioners can no longer meet the growing insurance needs of customers. There will be a large number of high-quality talents in the insurance industry, and the state will also establish a supporting professional qualification certification system.