The Brief Analysis About The Development Of Bancassurance

This paper would initially introduce and perform basic analysis for thegeneral environment of banc assurance under financial separated supervisionregulation system, including the background of Banc assurance development,key factors driving its development and its major characteristics. We wouldtry to find the sensible solution by analyzing three internal and deep-seatedcontradictions during the banc assurance development period, whichcomprises risk imbalance, lack of insurance protection and indemnityfunction, and loss of channel recognition.By compromise regulation for international banc assurance and integratedfinance operation, Barsel ii capital accord and the European Union relatedrules, we would then demonstrate the importance of cooperation betweenBank and insurance industry for Financial Mixed business improvement, andthe trend or direction of its development from international similarexperiences. The banc assurance faces remarkable development opportunitiesdue to China domestic insurance market expansion, insurance industryproducts adjustment and capital or solvency pressure under Huge amounts ofcredit.Lastly, this paper would compromise international experiences and thesolution for deep-seated contradictions to provide the comprehensive strategies according to the next stage development for banc assurance, whichincludes the approaches of establishing banc assurance financial holdinggroup, conducting creation for target market consistent with the customermovement following the information technology expansions, modifying theco-operated channel recognition, proposing the channel matching, productintegration, supervision augmentation, reducing the transaction costs etc. Thepaper would provide appropriate reference for deep-seated analysis anddevelopment trend of banc assurance.