Relying on the postal group, You Na Life Insurance, which started with bancassurance channel and dividend insurance, accelerated the pace of adjustment, optimized the payment structure and term structure of underwriting business, and developed security business. At the end of last year, its general manager resigned for personal reasons, and then began market recruitment. The general manager hasn't decided yet. China Post will still usher in a critical moment of transformation and development, paving the way for capital increase and pilot war, with new shareholders and new helmsman. According to public information, China Post Life Insurance Co., Ltd. was established in August 2009 and is a life insurance company under the Postal Group. At present, it holds 50.92% shares of China Post Group Co., Ltd., 20.00% shares of Beijing Zhongyou Asset Management Co., Ltd., 6.25% shares of China Philatelic Co., Ltd. 12.83% shares of Postal Science Research and Planning Institute Co., Ltd.
Further analysis shows that in China Post's life insurance business, the dividend insurance savings business with a guarantee period of 5-6 years accounts for the highest proportion, while the scale of traditional life insurance, health insurance and accident insurance is relatively low. Taking 20 19 as an example, public data shows that China Post's dividend and mutual insurance premium income is 60.8 billion yuan, accounting for 90.02% of its business. Due to fierce market competition and short guarantee period, the main profit of this kind of business comes from the difference between the actual investment income and the investment income required by liabilities.
The rolling plan of China Post Life Insurance Co., Ltd. (20 19-202 1) mentioned in the plan that by 202 1, the goal of comprehensive transformation and development will be achieved, and the guiding work, business scale, benefit level, service ability and brand value will be completed. The comprehensive strength of the enterprise will move forward to the top five steps of the industry, and the new growth pole position will stabilize the shareholder group. From the perspective of the industry, in order to achieve the goal of hitting the top five in the industry, the postal service needs to comprehensively enhance its basic capabilities, comprehensively strengthen its high-quality basic development, take the basic management of the whole industry chain of the chief life insurance company as the starting point, and constantly improve its capabilities in product design, sales, operation, investment and scientific and technological support, so as to continuously reverse the basic position that management does not match the development of enterprises.