After chatting with Catherine, Nan Yi and Katherine walked out of the castle and came to the garden outside.

Catherine went to find Nan Wuwei and played with him. Nan Yi took a stack of information about the insurance industry to the swing, put the information on the swing, sat on the ground, picked up a few pieces of information and read it.

Nan Yi is now looking at information about the pension system of the Eagle Country. According to the information, the Eagle Country is the originator of the modern welfare state, and its pension system can be traced back to the "Poverty Relief Act" of 1601. According to this bill, each parish is responsible for levied a "Poor Law Tax" to residents and real estate owners, and used the tax revenue to disburse relief to the poor.

As the elderly population continues to increase, the pension problem in British society is becoming increasingly serious. The traditional "Poor Relief Law" is useless to the increasingly serious elderly problems. All sectors of society have begun to strongly demand an effective pension system.

In 1908, the Parliament formally approved the Liberal Government's Pension Act, which stipulates that any elderly person over 70 years old can receive pensions as long as they meet the conditions stipulated in the law, and all the expenses required to pay pensions come from government appropriations.

Because it violated the principle of combining rights and obligations from the beginning, the free pension system established by the Pension Act of 1908 not only brought huge pressure on the finances, but also forced the coverage and benefits standards of the pension system to be kept at a low level, which greatly reduced the role of pension security.

In 1942, Sir Beveridge, the Eagle State Social Security Service Committee, released the famous "Social Insurance and Related Welfare Services", and formulated the four principles of the post-war social security plan: the principle of universality, the principle of guaranteeing basic living, the principle of unified government management, and the principle of equality of rights and obligations.

According to the Social Insurance and Related Welfare Services, the Eagle Kingdom promulgated and implemented the National Insurance Law in 1946, which established a public pension insurance system - the national basic pension system, referred to as bsp.

This system improves the pension benefits of single elderly people and couples, and incorporates the national basic pension system into the entire national social insurance system, becoming an important part of comprehensive social insurance, thus laying the foundation for the welfare system from cradle to grave.

For a long time, the people of Yingguo were proud of their pension welfare system. Coupled with the rigid characteristics of the increased and undeductible benefits under the electoral pressure, the pension welfare expenditure in Yingguo remained high.

As the population aging in the Eagle Country becomes increasingly serious, the financial pressure on the public pension insurance system of the Eagle Country is increasing.

In 1979, the Thatcher government came to power, and the Eagle Country pension system entered a period of radical reform. It began to change the original government's approach of taking over the government, trying to transfer part of the pension responsibilities that the country had previously assumed to be to the private sector and individuals of the society. The primary purpose is to reduce the financial payment pressure of public pension insurance.

The year before yesterday, the Eagle Kingdom promulgated the Social Security Law, which carried out major reforms to the pension system.

The bill first revises the national income-related pension plan to reduce the level of national pension payments and reduce the burden on the government;

Secondly, reform the occupational pension plan, allow employers to set up occupational pension plans with a certain type of contribution rather than a certain type of benefits, and reduce the financial pressure on employers to set up occupational pension plans;

Finally, the introduction of a personal pension plan is a pension plan designed by insurance companies and other financial institutions.

The law stipulates that employers who do not provide an occupational pension plan for employees must reach an agreement with one or more insurance companies to enable their employees to participate in personal pension plans, and individuals can also directly participate in personal pension plans provided by insurance companies without their employer.

Seeing this, Nan Yi basically understood the pension reform ideas of Yingguo. In summary, it is a way of living a life of the society and individuals.

After thinking a little, Nan Yi could think that the pension reform in the Eagle Country could not be smooth sailing. In the social composition of the Eagle Country, in addition to becoming a national who has served private enterprises, two more people are serving the public sector.

Local government employees, national medical system employees, teachers, soldiers, etc., enjoy another pension plan, and pay underpayment or no pension, but can receive the highest standard pension after retirement.

From the provisions of the Social Security Act of 1986, Nan Yi did not see any provisions regarding these two adults, that is, their pension system remains the same.

With differential treatment, coupled with the problems of low reform efficiency in pension reform, the lack of continuity and stability of frequent and changing institutional reforms, and obstacles from vested interest groups, Nanyi can foresee that for a long time in the future, the pension system of Eagle Country will definitely be a headache to treat the headache and feet. It will be a minor repair and a small remedy until it is almost eroded, and it will have to make a big move.

As the current situation continues, the pension burden will be mainly handed over to enterprises in the future.

"This burden will become heavier and heavier. Sooner or later, it will drain most of the profits, which will be difficult to bear." Nan Yi sighed, thanking for his pension fund being implemented within the Nan family in the morning.

It is much better to carry the bag at your own pace than to be caught off guard by force.

The burden on enterprises has become heavier, and there are only two ways to continue to operate: one is to migrate to an underdeveloped country in a wild development period; the other is to introduce foreign minimum living security requires workers, and there is no need to bear various welfare guarantees for workers, and the expenditure of enterprises will be reduced a lot.

From this point of view, Ikeda trainees sent to a time of vigorous expansion, the next twenty years will be its golden development period. This unprofitable transaction can also bring considerable profits to the Nan family.

Nan Yi thought roughly about the impact of the pension system on the Nan family. When he was about to go deeper, he stopped thinking. He was very confused. It was not easy for him to figure it out alone. It was too complicated. It would be better to leave it to the Intelligence and Policy Committee for handling.

Putting the pension information aside, Nanyi picked up the insurance company-related information.

"Adam, let's take Wuwei out for fun. Well, the name Wuwei is too difficult to pronounce. He should give him an English name." Catherine took Nan Wuwei to Nanyi and said.

Nan Yi said without raising his head, "Can you call him Nan, Katherine, how much do you know about Lloyds Insurance?"

"Are you interested in Lloyd's?"

"Yes."

"But its shares are too fragmented, and the management adopts a parliamentary system, and no shareholder can have too much say."

Nan Yi put down the information, raised his head, and said, "It doesn't have to have a say, but I think the model of this company is good. It has been standing for more than 300 years. It is also good to invest in it as asset preservation."

Lloyds Insurance Company, commonly known as Lloyds, is the most profitable and reputable insurance company in the world.

The profit is high because it dares to guarantee everything. In 1906, the San Francisco earthquake caused a serious fire, which Lloyd compensated $100 million in insurance premiums;

In 1912, the giant passenger ship "Titanic" sank into an iceberg, nearly 2,000 people were killed, and Lloyd paid another $2.5 million in compensation for this;

In 1937, the German airship "Hindenburg" exploded in the air, which was insured by Lloyd and paid nearly 10 million US dollars in compensation.

After the 1970s, Lloyd paid so much compensation for several major disasters that it was shockingly.

Together, the world demands compensation for the side effects caused by the use of asbestos, which is converted into currency losses of up to US$30 billion, of which Lloyds should be borne by US$6 billion in compensation.

Another failure of a computer system in a certain company in China caused unprecedented losses to the scale. Lloyds had to compensate 400 million US dollars.

1983 was an eventful autumn in the history of world aviation. That year, 28 civil aviation passenger planes insured by Lloyds were crashed, and Lloyd compensated $300 million for this.

In 1984, Lloyd even boldly underwrites three communication satellites from the country. Unexpectedly, these three satellites deviated from orbit and failed.

Originally, Lloyd had to pay $300 million, but its management suddenly had a whim: Can these satellites flying all over the sky be caught and re-launched after repairing them, and then they can pay less money.

Not to mention that they really did this matter, Lloyd saved more than 70 million US dollars in insurance compensation for this.

During the Iran-Iran War, the waters of the Gulf became the battlefield for Yin Lak and Iran to launch an oil tanker attack. Oil tankers and cargo ships entering and leaving the waters of the Gulf were either hit by shells and caught fire, or were trapped in the Gulf with people and ships.

Many world-renowned insurance companies dare not care about shipping in the waters of the Bay. They regard this area as a forbidden zone, for fear of causing troubles that will cause trouble and lose money. Only Lloyd dares to interfere in the tiger's mouth and take risks in underwriting.

Despite the dangers of the waters of the bay, the huge oil wealth and scaryly high salary still attract ships and seafarers to venture into and out of the bay.

Lloyds underwritten the sea transportation in this waters. Despite the tragic situation of 100 tankers and freighters sinking, damage and trapping, the company paid up to $500 million in insurance compensation, Lloyd still felt it was cost-effective.

Because insurance premiums in the waters of the bay have been rising again and again, a freighter with only $5 million has to pay $5 million in insurance for 7 days, making extremely profitable.

Although Lloyds has lost too much, its business is broad enough. As long as the premium is generous and the risk is lower than the warning value, it dares to underwrite anything. The faces of celebrities and the legs of models, including even stranger, unheard of, and impossible for outsiders to have insurance projects.

Because it does not pick on customers and businesses, its business volume will naturally be large. With a reliable team of actuaries, Lloyds can naturally make higher profits.

As for the reason why its credibility can reach the highest level in the world, it has a lot to do with its organizational form and operation model.

Lloyds is not an insurance company in the traditional sense. It has a very unique organizational form. It does not belong to individuals or is not a common form of joint-stock company. It is a corporate consortium with tens of thousands of members in dozens of countries around the world, and is composed of hundreds of syndicates.

Lloyd does not directly undertake insurance business with his own funds, but the company's investors bear the insurance risks individually. Syndicate undertakes various insurance business externally, but the company must contact and sign an agreement with customers.

Strictly speaking, Lloyd is an insurance intermediary that connects customers with investors who are willing to take risks. It collects "service fees" in the center. Because compensation does not require its own money, it will naturally be refreshing to pay.

Lloyd will not harm customers for the purpose of saving money for investors. Reputation is the basis for its survival. As long as it has credibility, Lloyd can earn profits year after year.

In other words, as long as you become a shareholder of Lloyds, you can receive dividends year after year.

Nanshi has passed the stage of lack of funds and no longer needs to concentrate all funds on several projects. It has reached the stage of finding a few more baskets and distribute eggs in a diversified manner, and various investment portfolios with different risks in high, medium and low risks, and allocating funds reasonably.

Lloyds is a low-risk, low-yield basket. Combining returns and capital occupancy ratio can run slightly faster than inflation.

This kind of investment is not suitable for people who want to spend a penny in half, nor is it suitable for people with high funds circulation.

Among Lloyds' shareholders, there are always shareholders' economic situations that will change. In the past, some of the funds could be invested in Lloyds for value preservation, but now they may need to raise funds to protect their core assets.

So for Nanshi, it is not very difficult to acquire a stake in Lloyds. As long as you have patience and wait slowly for the troubled shareholders to sell their shares, there is no need to adopt a premium acquisition strategy.

Nan Yi has transitioned from the stage where he is qualified to look at the long-term. He no longer needs to be frightened every day, nor has he to worry about waking up and becoming nothing when he wakes up, and he has to start over again.

For a small company with limited strength, it is not qualified to formulate any three-year or five-year plans. It is useless to survive at the moment, even if you can keenly see that the industry will usher in a big storm in a few years.

The eyes of successful people are not necessarily longer than those of losers. It can only be said that successful people know how to survive and can stand up more than those of losers. After all, the remaining people are king.

Just like many industries represented by the domestic home appliance industry, knowing that they will have several major melee, Nan Yi does not need to intervene too early and fight a war of attrition with his competitors that cannot see the interests. He can wait until the farce is over, push the final winner into the abyss with his financial advantage or play the role of a timely rain.

Biotechnology, semiconductors, agriculture and other industries need to accumulate little by little, and there is no need to take any tricks. Nan Yi will tighten his belt early in the morning and start from scratch.

As for the others...

All the less than 280 billion US dollars will be kneeled down.

What, your father's surname is Nan, get up; your aunt's surname is Liu, why didn't you say it earlier? Let's stand here and be friends... What do you see? You bastards have all kneeled down for me.

After discussing the topic of insurance companies with Catherine for a while, Nan Yi and her took Nam Wuwei for two and a half days to travel to London, and took him to every interesting place.

Afterwards, Nanyi went to Bolin Investment to read various reports and negotiated with important senior management.

Communication is a very tiring job. Nan Yi cannot just wait for his "subordinates" to cater to him. He also needs to give his subordinates a little surprise to make them feel that they are valued. It is difficult to grasp the degree in this. After all, people have thousands of faces and need to vary from person to person.

The middle-level team does not need and cannot communicate with Nan Yi. His instructions can only reach the top level and cannot go further. What he needs to care about is the strategic level, not specific tactics, which is something that the senior management of subsidiaries should care about. This is both a right and an obligation. Overtaking the surrogate will only make the senior management of the senior management disinterest.

At present, the difference between a salary of one million a year and two million is not big. If you can enjoy it for two million, one million can also be achieved. A difference of one million cannot achieve a class leap.

Therefore, the incentives for senior management cannot be reflected only in salary, but more in passion and sense of accomplishment. In many cases, adding burden to senior management is more effective than pay raises.

After all, the salary increase is a little bit by bit, and it is impossible to increase by five or ten times. Annual salary of one million becomes an annual salary of ten million. It is still a question whether the extra nine million is worth it.

And, what about the next time?

From tens of millions to billions, from tens of billions to one billions to one billions to turn up step by step, how many times can a company stand it?

When it reaches a certain stage, effective senior management will help them achieve class leap, such as changing from a worker to one of the bosses, these are all issues that Nan Yi needs to care about in the next few years.

Nan Yi sat in the conference room and negotiated with a senior executive every day. The rest of his time was to check the information from various industries in the Eagle Country and review the next senior executive information to see.

One by one, Huang Yingzi was put to the last one by him.

"Are you still happy living in London?"

"After living for so many years, I have adapted to the people and the weather here. Although it often rains, I can already treat it optimistically."

"How many times did you go back last year? You know, Aunt Huang's mouth is so powerful that it's not convenient for me to see her, so..." Nan Yi spread his hands and said.

Huang Yingzi nodded, "I know, my mother's mouth is too broken, there is no secret to her. My relatives and neighbors know about my work in London;
To be continued...