The Insurance Industry Promotes High-quality Development

With the rapid development of China’s insurance market, the high-quality development of the insurance market is faced with many different challenges and various problems. This paper aims to deeply analyze the actual problems in China’s insurance market and put forward supporting countermeasures. First, by understanding the background of high-quality insurance development, we can explain the research significance of this paper in combination with the existing national policies. Secondly, by summarizing the current situation of high-quality insurance development, the paper puts forward the shortage of insurance talents in the expansion of insurance scale, the continuous improvement of insurance density and depth, and the growth of insurance compensation in the development of high-quality insurance. Finally, from the perspective of differentiated customized insurance products, training professionals, and providing financial subsidies, we will put forward the corresponding suggestions for the problem and look forward to the future development prospects.

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Publication Details

Journal
Proceedings of Business and Economic Studies
Published
2025-04-29
DOI
https://doi.org/10.26689/pbes.v8i2.10155
Primary Topic
Insurance and Financial Risk Management
Type
article
Field-Weighted Citation Impact
0.00
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article

The Insurance Industry Promotes High-quality Development

Xuan Shi
Proceedings of Business and Economic Studies
Insurance and Financial Risk Management
article

The Insurance Industry Promotes High-quality Development

Xuan Shi
article en

Abstract

With the rapid development of China’s insurance market, the high-quality development of the insurance market is faced with many different challenges and various problems. This paper aims to deeply analyze the actual problems in China’s insurance market and put forward supporting countermeasures. First, by understanding the background of high-quality insurance development, we can explain the research significance of this paper in combination with the existing national policies. Secondly, by summarizing the current situation of high-quality insurance development, the paper puts forward the shortage of insurance talents in the expansion of insurance scale, the continuous improvement of insurance density and depth, and the growth of insurance compensation in the development of high-quality insurance. Finally, from the perspective of differentiated customized insurance products, training professionals, and providing financial subsidies, we will put forward the corresponding suggestions for the problem and look forward to the future development prospects.

Proceedings of Business and Economic StudiesVol. 8(2)
Beijing Technology and Business University (CN)
Openalex Percentile: Top 87%
Insurance and Financial Risk Management
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The Insurance Industry Promotes High-quality Development — Xuan Shi · Proceedings of Business and Economic Studies (2025) | TGRS Research Map | TGRS