1. On the disadvantages of monopoly insurance market structure and the reform direction of insurance industry in China.

Monopoly in any industry has disadvantages, so it is consumers who really suffer from monopoly, which will make the market single and the price high. Only healthy competition in the industry can promote the development and progress of the industry. The result of competition is a series of advantages, such as reducing consumption and improving service quality.

China's insurance industry should first strictly regulate the insurance market, including insurance companies and insurance agents, so as to reflect the true meaning of insurance.

Second, expand compulsory insurance. For example, vehicles are forced to pay compulsory insurance. This is a good example, but it will take a long time to implement.

Finally, the popularization of insurance is a plan that the state can advocate, so the state can become the initiator of people's insurance. In this way, everyone has insurance and is not afraid of any accidents. Of course, this direction is further. We should know that Wenchuan's insurance claims are only 900 million yuan, and people's insurance awareness should be improved.

The above are personal opinions for your reference.