The Present Situation And Thinking Of The Development Of Foreign Insurance Companies

Since in 1979 the state council for approval, resuming of insurance business, in 2001 China joined the world trade organization, China’s insurance industry has undergone earth-shaking changes, the insurance market, insurance density, insurance depth expanding rapidly, the momentum of development is very rapid; At the same time, the opening to the outside world degree deepening, formed a win-win situation in the positive interaction between the Chinese and foreign insurance companies, and common development. Beijing as the country’s financial decision-making and supervision center, with the development of insurance industry resources advantage, also has an important strategic position in the whole country, attracted the attention of many foreign companies. Since the introduction of foreign capital in Beijing insurance market in 2002, A foreign insurance company to Beijing market has brought the advanced management experience, high-quality products and after-sales service, its own in the fierce market competition also got certain development, But after more than ten years of development, the foreign capital insurance company met a lot of twists and turns in the road ahead and difficulties, market share has been not high, the development is not very desirable, foreign companies, especially in the joint venture company is still facing many difficulties and problems. This article takes the Beijing area as the main research model, from the current situation of the development of foreign insurance companies, the positive impact of the Beijing insurance market, the difficulties and problems faced by the development of foreign insurance companies, etc, makes a comprehensive analysis and research, and on the basis, forms the foreign insurance companies in the future development ideas and ways of thinking, and the enlightenment and thinking of the opening to the insurance supervision.