Studies On China's Postal Insurance Business Operating Modes Selection

Bancassurance originated in Europe, meaning the insurance company is selling insurance products through banking channels, the latter refers to insurance companies and banks to extend cooperation through a variety of business models. After the introduction of the bancassurance in 2000, postal channels have made a terrific performance. We call the postal bank insurance as postal insurance.Postal insurance from 2001 to 2005 experienced a rapid growth in business to gradually balance and slow down the process, China's bancassurance market trend is the same, the main reason is that after the rapid development of the bancassurance business, under insurance Concurrent agent mode, there are a paradox that the products dividends is not ideal, non-profit insurance companies, banks and the postal dissatisfied, the introduction of a mind to clients, insurance, banking and postal win the game into the banking business with the Postal win business.At present, banks and postal services, insurance companies are actively exploring the development of new business models. Post postal savings mother, both by the insurance industry and banking laws, regulations and policies, the document binding, while at the same time it will be able to circumvent the banking laws and regulations and policies, the document restrictions on business development with commercial banks any of the policy. If commercial banks in setting up insurance agents and other insurance intermediary institutions, the establishment of joint ventures or wholly-owned insurance companies face strict legal restrictions, but except for the Post. Post senior management has been aware of this point, the insurance Concurrent agents , are...