普惠保险迈入深化发展新阶段

Core Viewpoint - The implementation plan for the high-quality development of inclusive finance in the banking and insurance sectors aims to establish a comprehensive inclusive financial system, emphasizing the construction of an inclusive insurance system to address the structural shortcomings of focusing on credit over insurance in inclusive finance [1][2]. Summary by Sections Development Goals - The five-year development goals outlined in the implementation plan aim to gradually improve the inclusive insurance system, providing high-quality and affordable products, and enhancing insurance coverage for key areas of inclusive finance [1]. Specific Requirements - Four specific requirements are proposed to strengthen the inclusive insurance system: 1. Promote the establishment of a specialized management system for inclusive insurance within insurance companies, including the addition of strategic planning functions in the board's specialized committees [1]. 2. Enrich the supply of inclusive insurance products by expanding agricultural insurance and developing products tailored to the needs of small and micro enterprises [2]. 3. Provide high-quality inclusive insurance services by simplifying underwriting procedures and improving claims processing [2]. 4. Strengthen regulatory policies for inclusive insurance by incorporating its development into the regulatory evaluation system for insurance companies [2]. Market Potential - In 2023, the premium scale of inclusive insurance in China is approximately 360 billion yuan, accounting for only 7% of the total insurance market. By 2030, the inclusive insurance premium scale is expected to reach 930 billion yuan, with an annual growth rate of 17.1%, potentially doubling its market share to 15% [3]. Strategic Innovations - The implementation plan introduces innovative elements, such as requiring large insurance companies to develop inclusive finance strategies based on their resources and embedding inclusive insurance into their development systems. It also emphasizes the need for regulatory measures to clarify responsibilities and provide comprehensive insurance coverage for key areas of inclusive finance [3].