CIRC universal insurance will gradually withdraw 600 billion yuan a false rumors – Finance – people. roselip

CIRC: "600 billion yuan universal insurance will gradually withdraw A shares rumors untrue — Finance — people.com.cn original title: CIRC:" 600 billion yuan universal insurance will gradually withdraw A shares untrue rumors will further play the advantages of long-term investment of insurance funds, to provide long-term stable funding – reporter Su Shiyu on the market "rumors of 600 billion yuan will gradually withdraw from the universal insurance A shares" for the development of the capital market, Chinese Insurance Regulatory Commission departments responsible person pointed out that the rumor is not real. In August 24th, an article entitled "the regulatory process to strike! 600 billion yuan for universal insurance will gradually withdraw from the A shares, has been involved in the exposure of 64 shares (list) "the article said, the CIRC has just issued a draft, intends to further tightening of high price products, and for the first time on the market of high insurance products guaranteed interest rate limit". At the same time, "according to CICC estimates, is expected to present A shares of about 500 billion yuan ~6000 million yuan capital stock from the high price of universal insurance. If the implementation of the new regulations, the stock funds from universal insurance will gradually be replaced or removed within 5 years." In this regard, the person in charge said that recently, the China Insurance Regulatory Commission held a forum on how to further improve the regulatory system of life insurance products to seek the views of some insurance companies. Relevant documents are still in the process of soliciting opinions, I hope the public to the official release of the regulatory documents shall prevail. The responsible person stressed that, in order to meet the growing consumer demand for insurance, China CIRC will further strengthen the personal insurance products safeguard function, guide the development of the industry risk protection and long-term retirement savings products, gathering long-term insurance funds, the implementation of the development concept of insurance name "guarantee". Is the insurance funds to support the development of the capital market, promote the real important strength of economic transformation, promote the adjustment of industrial structure, will further play the advantages of long-term investment, to provide long-term stable funding for the real economy and capital market development. Huatai Securities analyst Luo Yi also said, 600 billion yuan universal insurance will gradually withdraw A shares, the statement is not accurate and too one-sided. If the adjustment will be universal insurance account management, refund premiums, life insurance scheduled interest rates, pension forms and other aspects of development, is not a barrier to universal insurance, but stressed that the protection of insurance attributes. At present, China’s universal insurance accounted for 31%, while the United States accounted for more than 40% of the term structure adjustment is the key. Huatai Securities Research Report estimates that China’s premium income will reach 5 trillion yuan in 2020, an annual compound growth rate of 16%, corresponding to investment funds in 2020 of about $22 trillion. According to the regulation of insurance funds to give 30% of the upper limit of equity investment, the cumulative amount of equity investment of up to $6 trillion and 600 billion. Even if the proportion of 14% to maintain the current prudent equity investment, the cumulative amount of equity investment will reach $3 trillion and 100 billion. As of July this year, the proportion of China’s insurance fund investment accounted for only 1 trillion and 700 billion yuan, equity dynamic space of up to $4 trillion and 900 billion to $1 trillion and 400 billion. Luo Yi said that the insurance industry should actively participate in the construction of multi-level capital market, to promote the direct investment of insurance funds in various forms. (commissioning editor: Sun Yang)相关的主题文章: