Recently, there have been many posts about Zhonglian, which may be related to the recent performance of Zhonglian this year. From blind expansion to serious losses, from lack of capital to investment in insurance protection funds, it is predicted that Orient Assets may inject another 70-1000 billion yuan this year, completely solving the problems of Zhonglian's capital and solvency. Faced with this situation, I personally think that China United's five-year forecast is developing in a good direction. First of all, it can be seen from the No.39 document of the China Insurance Regulatory Commission this year that the regulatory authorities should strictly manage companies that only pay attention to scale and market position, and the insurance industry should return to the road of rational development. China United has experienced a difficult historical pain. I believe that China's basic and scale insurance will be guaranteed in accordance with the requirements of "stabilizing agricultural insurance, controlling auto insurance and developing non-auto insurance", but it must develop with quality instead of blindly expanding and occupying the market. Secondly, under the new development situation and the requirements of new shareholders, the company will inevitably strengthen management and internal control, introduce excellent management talents and build a professional technical team. This is the only way for insurance companies, so China United will not change, just because it once lagged behind the company in infrastructure, especially in management, so the backward step needs China people to catch up, otherwise it will inevitably bring great hidden dangers on the road of development! Finally, China United is a company saved by the state, but as a top company in the national insurance industry, it is very disappointing, and it is impossible for the state to save it again. This is also the reason why Zhonglian must improve and take a healthy road. If we only pay attention to scale and market position, it will only lead to repeated historical problems such as huge losses, broken cash flow and insufficient capital, which will bring huge losses to the country and people. Therefore, China United must reform now and complete the reform within five years. Personally, if the premium reaches 25-30 billion, the profitability will be above 1% (true, excluding reserve release, etc. ), and the solvency is above 65,438+030-65,438+050%, and the company is collectivized. If the agricultural insurance is separated, the corresponding company will be established.

"Three steps to start a second business" is the slogan of China people at this stage, but how to take the road of starting a business well still requires the senior management in China to seriously think, "The road is long and Xiu Yuan is Xi, and Xiu Yuan is Xi"!

The above are personal opinions, for reference only!