What is an insurance company?

A liar, fool, there is no good thing.

Since the insurance company appeared in China, the name insurance company has been equivalent to a combination of scammers and pyramid schemes.

If anyone sells insurance, he can do nothing about all his relatives.

Because, 99% of all the insurance sellers will be relatives and friends the first person to find.

It won’t take long for those who do insurance to become the object of disgust. Relatives immediately avoid seeing it, and friends escape when they encounter it.

Those who sell insurance are big scammers, insurance companies, and companies that specialize in cheating money.

Even if the three companies split by PICC have the Chinese character title, it is still difficult to avoid the concept of the four words of insurance companies giving fraudsters.

This is an industry that makes people despise and hate, and it is also an industry that makes people frown deeply.

Tang Jiefang couldn't help but frown.

As the president of Huahai University, he had to consider what impact the establishment of an insurance company would have on the school. If the school becomes a liar group that everyone hates and despises, then how could he, the principal, have the face to continue doing it?

A guy like Shen Jiannan has long become a sting. When he saw that Tang Jiefang's face was wrong, he quickly started to stir up bad news.

"President. It is better to teach people how to fish than to teach people. All American universities have their own industries, so they do not have to rely on government financial appropriations. However, in recent years, financial pressure has been relatively tight. If schools have their own school enterprises, it can relieve a lot of pressure for the country."

Tang Jiefang felt a little moved.

With his knowledge, how could he not know the principle that it is better to teach people how to fish than to teach people how to fish?

If the school has its own source of income, it will not only reduce pressure on the country, but also do not have to live a life of tight financial situation.

But then, he couldn't help but sigh.

"That's the environment in the United States and our domestic situation, you know it."

"Why can't our Huahai have our own school and enterprise if Huaxia University can have Fangyuan Group?"

yes.

Why can't Huahai have its own school and enterprise?

"Xiao Shen. Can you tell me the reason for the insurance company? I have known all three companies under PICC. The performance is messy and the reputation is, you also know that it is not very good. If you do insurance, it seems that there is no future."

No future?

There are several industries in this world that are more prosperous than insurance companies!

Shen Jiannan secretly complained to himself.

But he also knew that this matter could not be blamed on Tang Jiefang.

For many people, when it comes to financial industry, the first thing they think of is securities. As for banks that can be seen everywhere, they are ignored.

Little do we know that among the three basic frameworks of the financial industry, the securities industry is the industry with the shallowest background.

Haven't you seen that all the most expensive buildings in the world are for insurance companies.

The largest companies in the world with market value are also listed banks.

As for insurance companies.

In the eyes of many people, it is almost directly linked to scammers and has no future.

In the 1990s or even twenty years later, a large number of Chinese people had no difference from those of the most disgusting pyramid schemes or fraud groups.

The pyramid recruitment structure, the upper and lower interests linkage model, and brainwashed marketing training have made many people deeply disgusted with this industry.

But Shen Jiannan understood how terrible the industry that everyone hates has when it grows bigger.

Banks, securities, trusts and insurance are the four basic frameworks that constitute the financial market.

People who are professional in finance know that banks are the most important components of the financial market, but with a future understanding, Shen Jiannan knows very well that insurance companies are the deepest and most terrifying ones hidden in the four major components of the financial market.

Because any company can go bankrupt, including banks, but insurance companies have regulations that they will never allow bankruptcy.

This alone is enough to prove what an insurance company actually means to a country.

As for how much energy an insurance company has, people have simply no idea about its power for a long time.

Most people think that an industry that everyone despises has a great future.

If anyone has an insurance provider in his family, he can definitely get rid of all his relatives, which shows how unpopular the insurance is.

Until the Taobao series emerged in later generations.

With its terrifying capital power, the Taobao insurance funds have been pushing forward in the securities market, killing all major listed companies wherever they go.

The bigwigs in the real estate industry, electrical appliance giants and major listed companies are all dumbfounded and messy in the wind. Those bigwigs who usually bet on top of the market for 100 million yuan can only keep calling others as barbarians in front of their unrivaled terrifying strength.

It was not until then that people realized what kind of power the insurance funds had.

The so-called certain department is just a company, and it is just an iceberg for the insurance industry.

Among them, Kangtai, which has a reputation, has reached 17 trillion yuan in operating capital.

What concept?

All of it is cash rather than market value, which is enough to buy a state in the United States.

However, in the 1990s, the insurance industry was the most neglected industry. As long as anyone has ideals, he would not want to get involved in such an industry.

Even the three major Chinese characters split out by PICC are sold to state-owned enterprises and institutions through bundled marketing. As for going to the streets to sell insurance, it will only bring saliva.

Commercial insurance is completely suppressed by the foreign insurance company AIA, a subsidiary of American International.

In addition to the reasons for sales, it is more caused by people's disagreement with insurance, as well as the concept of the times and service concepts.

Foreign monks are good at chanting scriptures.

Aigou Aia, a foreign financial insurance company, earned a large amount of premiums from China in the 1980s and 1990s. It was in this environment that senior management realized that wealth was being plundered in financial form and fully supported domestic insurance companies.

There was also Ping An who became bigger and stronger later, instantly instantly killed HSBC.

As for the establishment of the China Insurance Regulatory Commission, the first article will position insurance companies to only merge but not bankrupt.

The so-called big but not overturning refers to insurance companies.

During the subprime mortgage crisis, major investment banks and commercial banks went bankrupt repeatedly, but American International Group returned to life.

Why?

It's too much involved

It can be said that a big insurance company is simply a gold medal for avoiding death.

Generally, things will not touch a huge insurance company at all.

But one thing is that everyone who can enter the insurance industry has a huge background.

If it is well operated, the insurance company is just a pill book iron voucher. If it is not well operated, it will become a death talisman at any time.

In the world of capital, there are always murderous intent everywhere.

But if you cooperate with a university like Huahai to hold an insurance company, it will definitely be a win-win result.

"Principal. American International Group, you know, the premiums you earn from our country in a year are hundreds of millions, and Neon First Life Insurance Company has an annual profit of hundreds of billions."

"Do you think I can still cheat the school?"

"I am the most shameful guy who only cares about making money and forgets not even understanding gratitude."

"Think about it, if we set up an insurance company and make profits, how much money can the country save financially every year."

"The teachers' salaries have not been paid for a long time. It is unbearable for students and schools to rely on the funds from above alone."
Chapter completed!