Analysts: the central bank to cut interest rates sharply to the new insurance business have a greater impact

For the sharply cut interest rates, an interview yesterday, the number of insurance analysts believe that the insurance impact of the new business, new business revenue from the investment earnings would be substantially reduced. The new rate of decline in investment income, would make insurance companies open up new business in a dilemma.

However, some market participants believe that the next year as a result of the insurance industry may take the initiative to adjust business strategy overall business contraction, the big business of the will is not strong, asset allocation funds to add pressure on limited by the rate cut should have little impact. "For insurance companies, regardless of rate hikes or rate cuts, there is no absolute good and bad points of the main assets of insurance companies depend on the structure and business strategy, and other factors."

Yu-Long Peng insurance analyst at Guotai Junan this reporter's interview last night that the impact from the rate cut, short-term help to improve the bond market, the increase in net assets, and will help to reduce next year's dividend and settlement of the pressure on interest rates. However, if the long-term interest rates at a low stage, with the new premiums increasing proportion of investment, as well as the re-investment rate of return of the decline in fixed investment will yield a longer period of time in a decline in access.