In 2024, branch Institutions of insurance companies remain in a "streamlining" state, although the pace has slowed compared to 2023. According to Statistics from the National Financial Supervisory Administration, last year, a total of 1,984 branch Institutions of insurance companies withdrew from the market, which is fewer than the number of Institutions that exited in 2023, while 585 new branch Institutions were established. Industry insiders believe that the continuous "streamlining" of branch Institutions in recent years reflects the industry's cleaning up of inefficient Institutions and personnel. (Securities Daily)