(1) Accelerate business development and strive for good economies of scale. Compared with the past, to achieve the same profit, there must be more insurance income support. In order to strive for more profits, we must speed up the pace of business development and constantly expand the scale of business. To accelerate the development of enterprises, we must establish and implement Scientific Outlook on Development. The insurance industry is a special high-risk industry, and its operational risks must be controlled. Therefore, the insurance industry must correctly handle the relationship between quantity and quality, speed and benefit of premium growth. There is no development without the increase in the number of premiums, but the increase in premiums is not simply equal to development. If we simply expand quantity and pursue speed without paying attention to quality and efficiency, we will fall into the wrong path of immiserizing growth, which will put the insurance industry in a difficult position and eventually restrict its business development. Business scale must be based on profit. In the case of low profit margin, if the business scale goes up, it can still achieve good business performance.
(2) Strengthen product development and continuously expand insurance services. At present, one of the reasons for the continuous decline of property insurance rates is fierce competition, and an important reason for the fierce competition is that the competition of insurance products is too concentrated. Although there are many kinds of property insurance products, the competition mainly focuses on corporate finance, motor vehicles and freight insurance. The social demand for liability insurance, credit guarantee insurance and short-term health insurance is increasing. However, due to various reasons, the current business volume is small and the development speed is slow. Property insurance companies should vigorously develop these types of insurance and open up more room for development. A marketable new type of insurance will form a market, and the insurance industry should speed up the implementation of product development strategy, on the one hand, modify those old products that are not marketable to meet the market demand; On the other hand, according to the market demand, new insurance products are continuously developed and put on the market to expand the capacity of the insurance market. Generally speaking, for a period of time after the new product goes on the market, the competition will not be too fierce, and the matching of its rate and insurance amount is better than that of the old product, and the profit space is relatively large. Moreover, the development space is large, and it is easy to form a scale and increase the total business.
(3) Implement refined management and strengthen risk control. Insurance companies sell insurance policies and operate risks. Implementing refined management, strengthening risk control and steady operation are the inevitable requirements for achieving good economic benefits.