Li Yuan, vice president of Xinhua Insurance, resigned and was approved by the board of directors. The annual salary of 1.249 million yuan after tax last year

Author:Zhongxin Jingwei Time:2022.07.12

Zhongxin Jingwei, July 12th (Wei Wei) On the evening of the 12th, Xinhua Insurance issued the announcement of the 32nd meeting of the seventh board of directors.

Public information shows that Li Yuan was born in August 1962 and will be 60 years old next month. Li Yuan is also an old insurer who has devoted himself to the insurance industry for more than thirty years. He has the employment experience of many insurance companies and has worked in Chinese insurance and Ping An of China.

In October 2001, Li Yuan joined Xinhua Insurance. He served as assistant, deputy general manager, general manager, senior general manager, director of Xinhua Insurance Sales Management Center, Director of Personal Business, Director of Bank Insurance Business, Director of Regional Director, Director of the Company. It is also a senior general manager of the Beijing Branch, assistant to president and general manager of South China regional regional and general manager of Guangdong Branch.

Since November 2016, Li Yuan has been the vice president of Xinhua Insurance, which has been nearly 6 years. According to the annual report of Xinhua Insurance 2021, during the reporting period, Li Yuan's total return after tax was 1.249 million yuan.

Source: Xinhua Insurance 2021 Annual Report

At the performance conference of Xinhua Insurance in 2021, when talking about the transformation of insurance, Li Yuan once pointed out that the issue of individual insurance is the most prominent issue in the current life insurance. He said that since 2020, Xinhua's insurance transformation has been under tremendous pressure. One is that the repeated on -site management and pro -visit customers from the epidemic market are difficult to carry out. The stubborn illness is also prominent, and the third is that the supervision of insurance marketing has become stricter.

Li Yuan bluntly stated that Xinhua Insurance's insurance business has been under tremendous pressure in recent times. Generally speaking, Xinhua is also the same as peers, and the scale manpower is declining. However, in this case, Xinhua's qualified manpower is still flat, and the per capita per capita comprehensive production capacity of the month is still rising. It should be said that the pressure on several aspects of the insurance should be squeezed out of water. Xinhua has taken some positive and professional measures in this regard to stabilize the qualified manpower and improve the quality of the team.

After Li Yuan's resignation, the Xinhua Insurance executive team was left: CEO Li Quan, Vice President Zhang Hong, Yang Zheng, Gong Xingfeng, Qin Hongbo, Yu Zhigang, and president assistant Yue Ran, Yuan Chaojun and Wang Lianwen Essence

It is worth noting that Li Quan and Yue Ran were born in 1963, while Zhang Hong and Yu Zhigang were born in 1964, which are close to the retirement age.

In terms of operating performance, according to the first quarter report of Xinhua Insurance in the first quarter of 2022, the company's operating income during the reporting period was 74.963 billion yuan, a year -on -year decrease of 7.9%. 100 million yuan, a year -on -year decrease of 78.8%. Regarding the reasons for the decline in net profit returning to the mother, Xinhua Insurance stated that under the circumstances of the same period of net profit in the same period last year, the current period of the capital market was affected and the investment income decreased, resulting in the decrease in net profit in this issue.

In terms of insurance business, during the reporting period, Xinhua Insurance achieved total premium income of 64.890 billion yuan, an increase of 2.4%year -on -year. Among them, due to the continuous impact of the new crown pneumonia's epidemic and the reduction of marketing human scale. , Year -on -year decreased by 18.3%; renewal premiums were 42.364 billion yuan, an increase of 8.0%year -on -year; short -term insurance premiums were 1.430 billion yuan, a year -on -year decrease of 41.4%.

In terms of asset management business, as of the end of March 2022, Xinhua Insurance Investment Assets was 109.6070 billion yuan, an increase of 1.2%over the end of the previous year. In the first quarter of 2022, the company's annualized total investment yield was 4.0%, a year -on -year decrease of 3.9 percentage points. (For more reports, please contact Wei Wei, the author of this article: [email protected]) (Zhongxin Jingwei APP)

(The views in the article are for reference only, do not constitute investment suggestions, have risks in investment, and need to be cautious to enter the market.)

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Editor in charge: Li Zhongyuan

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