Reborn Financial Overlord

Shen Jiannan promised to donate 1000 million US dollars to Huahai University, with two conditions that are not considered conditions.

Established Huahai Insurance Department.

This point is not a problem.

The insurance department of Huahai University has a long history. As early as the beginning of the century, there was already an insurance major, but it was interrupted for a while because of the chaotic current situation.

In the early years, when He Yuanchao returned to China to establish a finance department, he mentioned joining the insurance major.

But Shen Jiannan's second condition, Tang Jiefang has been very worried.

Insurance company.

Shen Jiannan donated 1000 million US dollars to Huahai University, Capital One contributed another 1000 million US dollars, and he personally contributed 200 million US dollars to jointly establish Huahai Insurance Company.

Chapter 28 Something too big to fail

What is an insurance company?

Liars, fools, there is no good thing.

Since the insurance company appeared in China, the name of the insurance company has been synonymous with a combination of liars and pyramid schemes.

Whoever sells insurance can kill all relatives.

Because, for all the people who sell insurance, the first sales person they approach, 90.00% of them will be relatives and friends.

It won't be long before people who do insurance will become objects of disgust. Relatives will run away immediately when they see it, and friends will run away when they encounter it.

Those who sell insurance are big liars, and insurance companies are companies that specialize in defrauding money.

Even if the three companies split by PICC bear the initials of Chinese, it is still difficult to avoid people's concept of liars for the four characters of insurance companies.

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

Tang Jiefang couldn't help frowning.

As the principal of Huahai University, he had to consider what kind of impact the establishment of an insurance company would have on the school. If the school became a group of liars that everyone hated and despised, then how could he, the principal, have the face to continue doing so.

Guys like Shen Jiannan have long since become elite, and when they saw Tang Jiefang's expression was not right, they quickly started blowing up the wrong wind.

"Principal. It is better to teach people to fish than to teach them to fish. All universities in the United States have their own industries under their banners, so they don't have to rely on government financial allocations. But our country has been under tight financial pressure in recent years. If the school has If you own your own school and enterprise, you can relieve a lot of pressure on the country.”

Tang Jiefang's heart moved.

With his knowledge, how can he not know the truth that it is better to teach a man to fish than to give him a fish?

If the school has its own source of income, it will not only reduce the pressure on the country, but also the school will not have to live on a tight budget all the time.

But then, he couldn't help but sigh.

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

"Huaxia University can have Fangyuan Group, why can't Huahai have its own school enterprise?"

Yes.

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

"Xiao Shen. About the insurance company, can you tell me the reason? I know all three companies under PICC. Their performance is a mess, and their reputation, as you know, is not very good. It seems that there is no future in insurance. "

No future?

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

Shen Jiannan secretly slandered.

But he also knew that Tang Jiefang couldn't be blamed for this matter.

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

As everyone knows, among the three basic frameworks of the financial industry, the securities industry is the one with the least foundation.

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

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

As for insurance companies.

In the eyes of many people, it is almost a business directly linked to liars, with no future at all.

In the 90s or even 20 years later, a large part of Huaguo people have an understanding of insurance, which is no different from those of the most disgusting pyramid schemes or fraudulent groups.

The pyramid structure, the linking of interests between superiors and subordinates, and brainwashing marketing training have made many people deeply disgusted with this industry.

But Shen Jiannan understands how terrifying this industry, which everyone hates, has when it grows bigger.

Banking, securities, trust, and insurance are the four basic frameworks that constitute the financial market.

Financial professionals know that banks are the most important part of the financial market, but Shen Jiannan is very clear about the future.Insurance companies are the ones that hide the deepest and most terrifying in the four major frameworks of the financial market.

Because any company can go bankrupt, including banks, but insurance companies have regulations that never allow them to go bankrupt.

This alone is enough to prove what insurance companies mean to a country.

As for how much power the insurance company has, for a long time people had no idea of ​​its power.

Most of them think that an industry that everyone despises can have a great future.

Anyone who has an insurance company in his family can definitely kill all his relatives, which shows how unpopular insurance is.

Until a certain treasure series was born in later generations.

Relying on the terrifying financial power, a certain treasure-related insurance fund has been pushed all the way in the stock market, killing everyone in major listed companies wherever they go.

Real estate bosses, electrical giants, and major listed companies are all stunned and confused in the wind. Those big bosses who usually gamble [-] billion and billions for a long time can only call others as a barbarian.

Until then, people did not realize what kind of power insurance capital has.

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

Among them, Kangtai, who is not well-known, has an insurance operating capital of [-] trillion.

What concept?

All in cash instead of market capitalization, enough to buy a US state.

However, in the 90s, 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 that were split from PICC, most of the policies can only be sold to state-owned enterprises and public institutions through bundled marketing. As for selling insurance on the street, they will only be slobbered.

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

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

Foreign monks like to chant scriptures.

AIA under AIG, this foreign-funded financial insurance company, earned a lot of insurance premiums from Huaguo in the 80s and 90s.It is also in this environment that the top management realized that wealth was being plundered in the form of finance, so they fully supported domestic insurance companies.

There is also the safety of HSBC Bank that will become bigger and stronger later, and instantly kill and control HSBC.

As for the establishment of the China Insurance Regulatory Commission, the first article positioned insurance companies as companies that could only merge with companies that could not go bankrupt.

The so-called too big to fail refers to insurance companies.

During the subprime mortgage crisis, major investment banks and commercial banks went bankrupt repeatedly, but AIG came back from the dead.

why?

The implications are so wide that if one insurance company fails, it could cause violent turmoil across the country.

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

The vital interests of tens of thousands of people are involved. If it is not involved in politics, ordinary things will not touch a huge insurance company at all.

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

If it works well, the insurance company is an iron coupon. If it doesn't work well, it will become a reminder at any time.

In the world of capital, there has always been murder everywhere.

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

"Principal. As you know, American International Group earns hundreds of millions of insurance premiums a year from our country, and Neon Dai-ichi Life Insurance Company makes tens of billions in annual profits."

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

"I am most ashamed of the kind of guy who only cares about making money and forgets to be grateful."

"Think about it, if we set up an insurance company, and when there are profits, how much money can be saved in the country's finances every year."

"The salaries of the teachers have not been paid for a long time. It is unbearable for the students and the school to rely solely on the appropriation from above."

"..."

Chapter 29 live ammunition

Tang Jiefang was tempted.

He couldn't help it either.

poverty!

The poor can't open the pot.

Although the state has always put the school in the first place, but in recent years, various companies have gone bankrupt on a large scale, and countless people have been unemployed and stranded. Financially, there is simply no extra money to support the development of the school.

It would not be an exaggeration to say that he lived with his neck tied up in austerity.

What's more, if Huahai University establishes an insurance department, then the insurance company directly under the school will undoubtedly be the best place for students to find employment after graduation.

Tang Jiefang's face turned serious, and he forgot to drink the solemn tea.

"Are you sure about what you said?"

"of course."

"Okay. I'll report to the higher authorities right away, you wait for my news."

"..."

If you are successful, you will benefit the people; if you are not ambitious, you will be seen in the world by self-cultivation;

Walking out of the principal's office, strolling through the youthful school, looking at the students coming and going, Shen Jiannan's eyes shone with rare sunshine.

As a human being, one does not leave the world, one is unknown.

The same skin color and the same blood make up a pure country.

She is not perfect.

But she can always shield people from the wind and rain at the real critical moment.

Boom, boom, boom—

Walking through the campus corridor to a wide stadium, students in military uniforms were lying on the grass and shooting bombs.

Shen Jiannan couldn't help but stop, and began to observe with great interest.

Suddenly, his eyes lit up.

Under the guidance of the instructor, a heroic girl picked up a three-eight stick, lay down on the ground and opened fire.

It's Shen Yimei.

As a freshman this year, he obviously also participated in group military training here.

boom!

boom!

Shen Jiannan couldn't help laughing.

After firing two shots in a row, Shen Yimei missed all of them, and none of them hit the target.

bang bang-

On the playground, Shen Yimei held the butt of the gun, followed the posture instructed by the instructor, and fired the gun seriously. However, her talent was limited, and she shot ten consecutive shots, only one shot hit the bull's-eye.

But, that's enough.