Study On The Integrated Development Of Insurance Industry And Pension Industry In Guangzh

At present,the aging degree of China is deepening,like most cities in China,Guangzhou is facing increasingly serious problems of pension.Faced with various challenges brought by the aging population,Guangzhou,as a city with the highest level of economic development in China,needs to vigorously develop the pension industry to cope with the aging population,meet the growing needs of the elderly for pension services and improve people's well-being.Among them,giving full play to the role of the insurance industry,promoting the insurance industry to participate in the development of the pension industry is an important way to solve the problem of aging population.The characteristics of the insurance industry determine its unique advantages in the integration and development of the endowment industry.The insurance industry is involved in the development of the pension industry,mainly involving the pension service industry,the pension real estate industry and the pension financial industry.It is mainly divided into two approaches: the investment of insurance funds and the integration and innovation of products and services.Therefore,this paper will take Guangzhou city as an example to study the insurance industry's participation in the development of the pension industry.This study takes Guangzhou city as the research object,and uses the Gray Correlation model to calculate the degree of integration development of the insurance industry and the pension industry,and obtains the overall integration development level of the two industries,as well as the integration development level of the insurance industry and the pension service industry,the pension real estate industry and the pension financial industry,respectively.On this basis,this paper analyzes the factors restricting the integrated development of insurance industry and pension industry in Guangzhou,and puts forward relevant suggestions.The first chapter mainly expounds the domestic and foreign research status of insurance industry participating in the development of pension industry.The second chapter introduces the current situation of insurance industry in Guangzhou participating in the development of pension industry,including the current situation of the development of insurance industry in Guangzhou,the current situation of the development of pension industry in Guangzhou and the current situation of the integrated development of of insurance industry and pension industry in Guangzhou.The third chapter introduces relevant concepts of the development of the industry amalgamation and industry integration measure model,and constructs a measure model of industry integration and development from three areas,the pension service industry,the pension real estate industry and the pension financial industry,making a quantitative analysis of the integration of insurance industry and pension industry in Guangzhou by using the Gray Correlation Analysis method,so as to estimate the degree of integration of insurance industry and pension industry in Guangzhou.The results show that the gray correlation degree of insurance industry and pension industry in Guangzhou is at a moderate level,and the overall integration degree of the two is at a moderate level.In the three fields,old-age care service industry,old-age care real estate industry and old-age care financial industry,the gray correlation between insurance industry and old-age care service industry in Guangzhou is the highest,which is at a strong integration level.The gray correlation between insurance industry and old-age care real estate industry and insurance industry and old-age care financial industry are at the level of moderate integration.Therefore,it can be concluded that with the deepening of aging,the integrated development of the insurance industry and the pension industry in Guangzhou has a good prospect and a large room for improvement.The fourth chapter analyzes the factors restricting the insurance industry's participation in the development of the old-age care industry in Guangzhou from three aspects: policy,industry chain and public awareness.The fifth chapter summarizes the experience of foreign insurance industry participating in the development of pension industry and draws the enlightenment to China.Finally,some policy suggestions are put forward on how to promote the insurance industry in Guangzhou to participate in the development of pension industry.