Chapter 1941: Trillion Market
"Insurance industry, this industry in our country can be said to have a long history." It was Jiang Xiaobai who still started to make suggestions, but the first sentence made everyone confused.
If they remember correctly, this insurance industry has only emerged in the past two years. It has a long history.
However, everyone remained silent, waiting for Jiang Xiaobai to answer their questions.
Since Jiang Xiaobai said this, there must be a reason for saying this.
As expected, Jiang Xiaobai continued: "The earliest insurance company in our country was the Yangcheng Insurance Company established by foreigners in Yangcheng in 1805, and foreign insurance companies entered our country one after another.
Foreign companies have great advantages in opening insurance companies in China. They have money, preferential policies, and financial experience.
So at that time, our national insurance companies basically had no market and were in a difficult situation of being oppressed. This situation lasted for more than 100 years..."
Jiang Xiaobai said, everyone looked at each other, is this true?
It sounds true, and what Jiang Xiaobai said is correct, but no one present knows this knowledge.
It has a history of more than 100 years, almost 200 years, how do they know?
The news at this time is inconvenient. There may be such knowledge recorded in history, but it is so rare and unpopular that who would pay attention to it.
And none of them are in the insurance industry, but some of them are in the insurance industry.
So everyone turned to look at Chen Dongsheng. Chen Dongsheng was panicking. He didn't know. He was in the insurance industry and only knew about the history of recent years. Who would pay attention to things that happened hundreds of years ago?
ah.
It doesn't matter to him at all. Just like a restaurant owner, he only knows the current market conditions, things that happened hundreds of years ago, how many time-honored brands there are, and so on.
Why would he pay attention? But at this time, everyone was looking over, which made Chen Dongsheng embarrassed.
What are you looking at me for? I don’t know. Who knows who you are looking at? What are you looking at for?
Just because I work in the insurance industry, should I know?
But it would be too embarrassing for me to admit it at this time.
So Chen Dongsheng nodded without changing his expression, indicating that Jiang Xiaobai was right.
But he actually didn't know whether he was right or not.
But I think it must be right, otherwise Jiang Xiaobai wouldn't be able to explain it in such detail.
In fact, everyone knew it in their hearts, but they just didn't want to admit that Jiang Xiaobai was so knowledgeable and talented.
It doesn’t matter if he is handsomer than them, it doesn’t matter if he is younger than them, but now he is even better educated than them.
How does this make them live?
"Then there is the People's Insurance Company, but everyone knows the situation of the People's Insurance Company.
Under the planned economic system, everything has a factory, and the unit is responsible for it. In case of illness, accidents, etc., domestic business was temporarily stopped.
It was not until the 1980s that it gradually recovered, but the People's Insurance Company is still an exclusive monopoly, so basically entire generations of people have no idea about insurance."
As Jiang Xiaobai said, everyone in the conference room looked a little embarrassed. This generation included them, and they had no idea about insurance.
“But now we have a market economy, and everyone is starting their own business and becoming self-employed.
Although state-owned enterprise workers, including those within the system, still make up the majority, with the economic development in the past two years.
More and more people are coming out, and without the protection of factories and work units, naturally everyone has to find a new protection.
Blessings never come in pairs, and misfortunes never come alone. There is no way to avoid natural disasters and man-made disasters, so what should we do at this time?
Insurance companies came into being to provide insurance for those who did not have factory or employer insurance.
The insurance industry, as one of the core financial industries, is closely related to the political and economic development of the entire country.
And as our country's policies become more and more open, I believe that the entire insurance industry will definitely become more and more prosperous, and I really can't predict the future of this market, one billion, tens of billions, hundreds of billions..."
As Jiang Xiaobai said, many people in the conference room were already excited.
A market worth over one billion is enough to tempt everyone, while a market worth tens of billions is already a big market at this time.
If we can be the leading company in this industry, we can get 10% of the entire industry, which is one billion.
As for Qianyi, when Jiang Xiaobai said this, some people started breathing rapidly.
But Jiang Xiaobai hasn't finished his words yet: "Even, I think it is not impossible for the insurance industry market to reach a scale of trillions in the future."
Before Jiang Xiaobai finished speaking, everyone in the conference room exclaimed.
With a scale of trillions, if a company that can reach the top can earn 10% of the entire industry, it will be hundreds of billions.
"Dr. Jiang, are you kidding me?"
"Director Jiang, are you serious about this?" Many people asked involuntarily.
Jiang Xiaobai nodded: "I can guarantee it here. If it doesn't reach the scale of one trillion, I will make up for it for everyone."
"Haha." Everyone present laughed, and Jiang Xiaobai's tone was too loud.
How much is the market value of Huaqing Holding Group now? If all together, it would be worth 10 billion.
To fill the trillion-dollar market, everyone thought Jiang Xiaobai was joking, but what everyone didn't know was that Jiang Xiaobai was not joking at all.
Yes, Huaqing Holding Group is now regarded as Huahua Bank, and its value is only tens of billions.
It’s not worth a trillion, but how long did it take for Huaqing Holding Group to go from one hundred yuan to tens of billions? From 1978 to today, it only took more than ten years.
This value has already increased 100 million times, and it will be more than ten or twenty years from now.
Ten billion is only 100 times the difference from one trillion. Although the more assets there are, the development will not be as fast as in the early stage.
But Jiang Xiaobai is still confident that he can double his current assets a hundred times.
And this trillion can be achieved not only by Jiang Xiaobai himself, but also by other people sitting here, such as Teacher Ma.
The companies founded by later generations also have a market value of hundreds of billions of dollars. If converted into RMB, they would also have a market value of several trillions.
So one trillion sounds like a lot, but in a few years, everyone will find that one trillion is nothing.
So Jiang Xiaobai wasn't bragging at all, but Jiang Xiaobai didn't mean to explain. It's not easy to explain this kind of thing.
Chapter completed!