Zheng Quan Ri Bao Zhi Sheng·2025-11-07 08:11Core Viewpoint - China People's Insurance Group aims to deepen its focus on non-auto insurance and accelerate high-quality development in this sector, viewing it as a key area for growth and profitability in alignment with national development strategies [1][2]. Group 1: Non-Auto Insurance Development - The company recognizes its mission and responsibility to promote high-quality development in non-auto insurance, which is essential for serving national development goals [1]. - Non-auto insurance is identified as a critical area for the insurance industry to fulfill its dual functions and contribute to the overall economic and social development [1]. - The company plans to leverage its strengths in non-auto insurance to create a second growth curve, enhancing its service to the broader economic landscape and modernization efforts in China [1]. Group 2: Competitive Advantages - China People's Insurance Group has established leading core competencies in the non-auto insurance sector, including rapid pricing capabilities, comprehensive customer acquisition channels, rigorous underwriting processes, professional claims services, strong reinsurance support, and advanced risk reduction services [2]. - The company has successfully expanded its overseas market presence, providing risk coverage of 1.7 trillion yuan across 138 countries and regions, focusing on supporting Chinese brands and enterprises going global [2]. - In the internet health insurance segment, the company has maintained a leading position with a compound annual growth rate of 46.8% in premiums over the past eight years [2]. Group 3: Future Strategies - The company will adopt a long-term perspective, focusing on professionalization, digitalization, and collaboration to enhance its core competitiveness in non-auto insurance [3]. - Emphasis will be placed on deepening expertise in risk characteristics and demand changes within the non-auto insurance sector, positioning itself as an expert in understanding customer risks [3]. - The company aims to embrace digital transformation across all operational aspects of non-auto insurance, enhancing efficiency, customer experience, and service capabilities [3]. - Collaborative models will be strengthened both internally among business units and externally with partners to optimize operational synergies [3].