Short-term benefits to insurance industry brought by Olympics have gradually embodied. The journalists learned from yesterday's interview that insurance products such as public liability insurance and accident insurance are very popular presently.

 

Relevant person from PICC Shanghai Branch told reporter yesterday that up to July 29^th, PICC Shanghai Branch has approved all risk insurance for Shanghai Stadium (Olympic competition and training venue), YUANSHEN Sport Development Center, SONGJIANG Stadium, TONGJI University, HUATING Hotel and Olympic Club and public liability insurance for HUATING Hotel and Olympic Club, group accident insurance for missionary and volunteers in Olympics Shanghai Part as well as motor insurance for Beijing Olympic committee. Plus group accident insurance for Olympic torch relay on 23^rd, May, the company has gotten 15 contracts, the insured sum and premium were respectively 3.548 billion RMB and 268,600RMB.

 

An employee from Manulife, one of life insurance partners for Beijing 2008 Olympics told the reporter that although they couldn't make accurate statistics that show promotions Olympics bring to the company, there's an insurance product called "Olympic Two" was getting more and more popular and its sales have obvious increased.

 

Actually, apart from the benefit for Olympic partners, there are a lot of life and property insurance companies also sharing the huge Olympic commercial opportunities. According to journalists' random interviews yesterday, almost all the insurance companies who accepted interview admitted that their sales were rising recently. Among these insurance products, public liability and accident insurance gained obviously. "Although it's hard to say whether the policy-holders buy insurances simply for reason of Olympics, yet for short term, the whole insurance industry would benefit from Olympics",  he said.

 

Analysts points out that after experiencing turbulent stock market in the first 6 months this year, lots of insurance companies have lost their accumulated benefits. In the rest half year, it might be very hard for some companies  to gain floating surplus and the investment benefits which can support company might get down to the bottom. Therefore, insurance companies' business stresses would be even heavier than last year; however, the Olympics absolutely can definitely bring them evangels in their 2^nd half-year's business performances.