[Fu Fan, president of China Pacific Insurance: the insurance industry should make misplaced efforts to build the three core competencies of pension finance] FIFA, June 9 (FYF)-- how can the financial industry meet the needs of an aging society? Fu Fan, president of China Pacific Insurance, said at the 14th Lujiazui Forum today that the insurance industry should grasp its own characteristics, focus on its profession, make efforts in the wrong position, and build three core competencies of pension finance: first, give full play to the advantages of both ends of the business, and build a solid bottom line. Commercial pension insurance can not only scientifically plan pension funds, but also provide guaranteed income and compensation for death and disability, which can not be replaced by professional value. In addition, insurance institutions manage the national enterprise annuity and occupational annuity, which play the main role; the second is to give full play to the function of social management and build a health care and production service system. In recent years, the product + service model has been the consensus of the insurance industry. In the future, we will also create a better experience in the connection between payment and services; third, give full play to the function of financing to promote the ecological construction of providing for the aged. With large scale, long term and stable source, insurance funds can make full use of the matching between themselves and the long cycle of health and care industry to explore industrial chain investment and build a big old-age ecology.