Rate: 80% of the insurance funds investment income will decline

%26quot;For insurance companies, insurance funds rate cut means that the rate of decline in investment income, it is a bad news.%26quot; Orient Securities analyst Wang Xiaogang said the insurance industry, %26quot;but to a certain insurance companies, it is necessary to calculate the exact impact on the How much in the end, or a more complicated matter. %26quot;He said that because of the insurance funds for investment, is part of the customer's funds, customers will bear part of the loss.

Gao Hua Securities insurance analyst Linda Wei said that the insurance companies to cut interest rates on the negative. He said the insurance companies to invest more than 80% of assets, based on deposits and bonds, mainly to cut interest rates will make a further investment of insurance funds investment yield and yield decline.

As of this year by the end of June, individual insurance companies to invest in %26quot;cash, deposits and loans,%26quot; more or less the same proportion in which, China Life Insurance (601,628, it shares) for the 26% to 39% of Pacific Insurance, Ping An of China (601,318, it shares ) 20%, PICC Property Insurance 40%, the central bank to cut interest rates, making this part of the insurance fund yields fell.

And investing in bonds is slightly different proportion of insurance funds, of which China Life 61%, 47% of the Pacific Insurance, Ping An of China was 61%, PICC P %26amp; C is 49%. As the category of fixed-income investment of insurance capital on a large scale, together with the re-pricing will take some time, which is the rate of decline in investment income play a role in a buffer, but the bond yield decline is inevitable.