October universal insurance rates continue to slide

The central bank to cut interest rates three times within two months of the year to make universal insurance settlement of the interest rate further landslides become suspense. As of November 10, a total of 22 life insurance companies announced in October universal insurance settlement rate, in September to undertake a general decline on the basis of the drop is still the main tone. According to newspaper reporter to a rough statistics, in October universal settlement of interest rate risk in the average interest rate level has dropped to about 4.23 percent.

If, in the third quarter of 5.5% -6% of the settlement is relatively attractive interest rates, then entered the in Oct., can be a 5% interest rates can Clearing also heartening to note the. The published in October settlement of the interest rate of 22 life insurance companies, at present, the rate of return in the first echelon of universal insurance products, its yield from the previous level of 5.5 percent and down to adjust to the current 4.5 percent up and down the .

Chonggao settlement was a result of interest rate to 6% and the market has become the focus of discussion in China Ping (601,318 stock it), although the same as the major force to reduce settlement rates, but obviously the pace is relatively slow. Their universal insurance settlement rate in August to 5.75 percent, 5.5 percent for September, October to 5.25 percent, after lowering the market is still second place. Samsung Air China Life's universal insurance at 5.3 percent annual interest rate of a "champion", side by side with peace, "Bangyan" There are three universal Taikang Life insurance products.

The relative safety of "resilience", China Life's universal insurance settlement rate the performance of the number of people disappointed with this. Into the first quarter of this year, 6.05 percent of the scenery is no longer, six months, China Life insurance settlement of universal interest rates sharply, "diving", in July fell to 4.5 percent, fell to 4.05 percent and 8 in September and October to continue To maintain this standard.

According to newspaper reporter to a rough statistics, published in the October data, a total of 25 omnipotent insurance products, interest rates have settled down to 4%, of which, two products of clearing interest rates down to under 3 percent. A joint venture life insurance company a group of old-age pension insurance (universal type) of the settlement rate of only 2.8 percent, the interest rate announced in the near future is low. It also indicates to some extent, the universal insurance settlement will cut interest rates.

In the industry view, the stock market in the period, as the insurance capital of the decline in the rate of return, risk everything smooth exhausted the reserve, the settlement of consecutive interest rate cut is "expected things."