Sunday, April 8, 2012

tera gold suspend the regional insurance companies and their branches and all insurance - XSS

129773822149062500_178This reporter learned from the China insurance regulatory Commission, to implement the national work Conference on insurance regulation's "establish and improve the market exit mechanism" requirements tera gold, focus on treatment insurance market "small, scattered, chaotic and poor" problem, recently, China insurance regulatory Commission issued a moratorium on the regional agency and part of the insurance and business insurance agency market access license notice (hereinafter referred to as theCircular). The explicit requirements of the notice, suspend the regional insurance companies and their branches and all insurance tera power leveling, financial institutions, postal agency license to market access and industry work.  The circular also emphasizes support qualified intermediary group and establishment of national insurance company and its subsidiaries. China insurance regulatory Commission officials responsible for relevant departments said,Measures fully shows that the China insurance regulatory Commission to actively promote and industry specialization and professional agency Deputy scale, effectively raising the level of insurance agency marketing professional and comprehensive service capabilities of determination and confidence. Now more stock agencies, national agency of access as usual tera power leveling, these measures temporarily will not impact on the market. China insurance regulatory Commission will be amended as soon as possible to the professional agency of insurance supervisionRegulations, raising barriers, no longer set the insurance agency categories. It is learnt that the China insurance regulatory Commission will also be established in the near future plans, by encouraging the developing insurance group, car sales and repair business, regional commercial banks, the postal agent insurance professional pilot and rectification measures such as insurance agent marketing, order the insurance agency marketGovernance. Others: