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BIZCHINA / Center
Licensed insurance staff declines
By Hao Zhou (chinadaily.com.cn)
Updated: 2007-08-07 14:13
In the second quarter this year, the average licensed staff ratio dropped
0.49 percentage points from Q1 at insurance intermediary companies,
according to the latest statistics from the China Insurance Regulatory
Commission, reported Shanghai Securities News.
By the end of June, there were a total 2,256 insurance intermediary
companies in China. Of the 2,163 that submitted reports, there were
70,643 staff in total, and 68.83 percent of them had been granted
certifications. Of the total staff, some 55,293 were business operators,
and 73.95 percent of them were licensed.
Specifically, the average licensed staff ratio reached 74.57 percent in
the insurance agencies, 48.00 percent in broker institutions, and 36.26
percent in public assessment institutions.
In the first quarter, the registered insurance intermediate companies
totaled 2,193. Of a total of 64,411 employees working for the 2,120
companies that reported their status, the average licensed ratio was
69.32 percent. Some 50,050 were business operators, and 74.83 percent of
them had certifications. Therein, some 74.13 percent of the staff in the
insurance agencies, 47.94 percent in broker institutions, and 43.11
percent in public assessment institutions had licenses.
(For more biz stories, please visit Industry Updates)
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