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Investment Collateral Insurance of Great Significance: Wu Xiaoping
Wu Xiaoping, vice chairman of China Insurance Regulatory Commission pointed out September 1 in Bejing that investment collateral insurance was the innovation of life insurance product, the influence it brought to China's life insurance industry, even the whole finance field were more than concept.
As Wu, investment collateral insurance radically solves the mismatching of assets and liability in life insurance industry. Besides, it also propels the improvement of insurance companies' managerial level. Thus make the China's life insurance industry move their focus from the price competition to the product, management, service and capital operation competition. (Panorama)
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