Second, the introduction:
1. Insurance refers to the business that funds raised through contracts are used to compensate the economic interests of the insured.
Insurance refers to the behavior that the applicant pays the insurance premium to the insurer according to the contract, and when the insured dies, is disabled and reaches the age and time limit agreed in the contract, the insurer shall be liable for the property losses caused by the possible accidents agreed in the contract.
The insurance market is a place where insurance is bought and sold, that is, both parties sign insurance contracts. It can be a centralized tangible market or a decentralized intangible market.
2. Banks are financial institutions engaged in currency and credit business, and act as credit intermediaries by issuing credit currency, managing currency circulation, regulating capital supply and demand, and settling money deposits and loans.
Banks are the main body of modern financial industry and the hub of national economy.
The word "bank" originated from the Italian word "Banko" and was translated into English. Banks in history developed from the currency management industry. The earliest banking industry originated from the currency exchange industry in ancient western Europe. The Babylonian temples in 2000 BC and the Greek temples in 500 BC were already engaged in the activities of keeping gold and silver, issuing loans and receiving interest. In the Roman Empire in 200 BC, money dealers and commercial institutions similar to banks appeared one after another.
3. Securities are the general name of all kinds of economic rights and interests certificates, and also refer to specialized products. They are legal documents used to prove that the holder enjoys certain rights and interests. Mainly including capital security, currency securities and commodity securities. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures.