In the first three quarters even the risk of return for "miserable" selling "light"

While the rate of return is declining, on the other side is a lot of insurance companies to stop selling one after another, and even dangerous to vote in this year's performance can be "bleak" to describe. In the first three quarters of this year, even for the most dangerous enterprise value of the account-net has been playing on the break, the loss of more than 30% of it is not uncommon. Investors can find comfort, cast even the performance of the insurance or slightly better than some of the market and equity funds.

When the nest is difficult to survive

"Business News" statistical sample of the total premium market share and last year was a good part of the proceeds of insurance data found that the company can not directly vote to determine the nature of the risk even aggressive type of investment account the ability of different companies Large extent, is "not much to choose between."

Our reporter in the statistics part of the insurance companies and accounts, as of last September's announcement of a date (Sept. 26), progressive-life accounts of life 1 and 2 on the day of the net even though this year's first notice day (1 2) the net value of 1.5996 yuan and 1.5231 yuan has been a lot of losses, but still above the 1 yuan; Taikang Life of positive growth compared with the same at the beginning of the decline in many, but also to 0.9790 yuan's relatively good Out the top results. However, Pacific Life's blue-chip growth, Hai Kang Life's great wealth-preferred accounts such as the performance is very far-fetched, the day of Sept. 26 have fallen below the net value of 0.700 yuan, joined the "6" in the first of the series.

No good results, it will not so popular these days. Analysis of risk even for the major sales channels channels of data security that the Bank may have to see one or two. Shanghai, for example, the first 8 months of Chinese-funded enterprises accounted for Bancassurance business market share of the top five, who are healthy, Xinhua, Taikang, the country life and Taibao, foreign investment in the Luen Thai city in a row Sixth place. Bank-funded companies in premium income for insurance business 12,863,000,000 yuan, 2,387,000,000 yuan for foreign companies, foreign investment in the ratio of 84:16. This year, foreign investment in life insurance business growth in the Bank's greater contrast, the capital of 222.46 percent year-on-year growth, foreign investment 34.47 percent year-on-year negative growth.

This is because despite the moratorium on the sale of company-funded initiative to reduce or even dangerous for sale, but there is universal risk insurance as a supplement and dividends; as a result of foreign insurance companies to set up a short time, small-scale, there is no match for the universal insurance can dividends and the risk of Assets, it can only be "brazen", or turn to other types of product sales, investment and insurance have been abandoned even became indisputable fact.

The performance is still far better than the market

Even with the market for insurance and the vast majority of partial-stock funds are compared to "where you win a fight," In fact, insurance companies and investment strategy and even the risk of investment properties. In addition, various insurance Even issued for the account of the risk related to the strategy report, in particular, there is no exaggeration to see "Let's eyes."

Ping An Life Insurance's selection of the rights and interests of account set up night time, since the establishment of six months can show that the company's investment strategy in August that the market's macroeconomic remained pessimistic view of the background, while corporate profits will not be the trend Change; at the same time the size of the non-real estate bubble and so on the remaining issues on the market, the growing impact of upstream sectors of the economy remained at a high point, the overall trend in the market for quite a long time in the future will not change. As the sales market, relatively cheap valuation, the management of the economic growth of more and more concerned about the high number of transactions and there will be an opportunity, will choose to increase their positions.

Life-life account of the progress this year, suffered heavy losses, but all the same last year, the best performance of the account. From the first nine months cumulative account performance, Series 1 and 2 series win over the accounts are open-end funds. In general, this year, the company's enterprise-type accounts and balance-of decreased account for open-end funds rate down to 70% and 50% of the market.

The company is currently on the market to determine the current underestimate the stock market has been in the region, underestimated the rate of about 20%, it is now entering long-term investors a good opportunity to cover positions or positions, "after all, no one can invest in the bottom of the risk of future lies in the fact that Will be at the bottom of a long, or at the bottom of it is really true that after the short-term investors that a rebound out, to miss the next bull market. "

China Insurance Regulatory Commission: premium income this year will exceed 1 trillion yuan

China Insurance Regulatory Commission Vice Chairman Zhou ceremony on the 19th that since the 1979 restoration of the domestic insurance business so far, the insurance industry asset size is now more than 3,000,000,000,000 yuan, the insurance companies more than the number reached 110, employing more than 200 million people. He predicted that this year the domestic insurance total premium income will exceed 1 trillion yuan.

It is reported that China People's Insurance and New China attendant, has been set up in 1949. However, due to historical reasons, the new Chinese insurance industry ups and downs several times, once to enter the 20-year standstill period. Until China's reform and opening-up, full restoration of the insurance industry, into the booming real track.

Data show that in 1980 the national premium income of 4.6 billion in 2007 premium income has increased to 703,576,000,000 yuan, an average annual increase of 30%. January to August this year, the national premium income reached 713,399,000,000 yuan, up 52.24 percent, more than the sum of the whole of last year. This represents the speed of calculation, the premium income for the year expected to top 1 trillion yuan mark.

In terms of premium income, current Chinese People's Insurance Group, second only to China Life Insurance (601,628, it shares) of the Group of the mainland's second-largest insurance group, the China's People's Insurance Insurance is a H-share listed companies. The group was established in accordance with the plan to promote the restructuring, with a view to next year the conditions are ripe to achieve the overall objective of the listing.

"Micro-insurance of the International Seminar" was held in Beijing

November 4, the International Department of China Insurance Regulatory Commission and the Hong Kong insurance co-organized by the Office of the Commissioner of "micro-insurance international seminar" in Beijing.

Chen assistant to the chairman of the China Insurance Regulatory Commission, attended the opening ceremony and delivered a speech. He pointed out that in June this year, the China Insurance Regulatory Commission issued the "Small rural life insurance pilot program" in 9 provinces and autonomous regions of the following counties to carry out small township insurance pilot, the pilot of the central rural work fit the spirit of reform and development, A relaxation of the insurance company is scheduled to interest rate products, distribution channels and micro-insurance sales qualifications, supervision fee waiver to encourage insurance companies to carry out model and technology innovation. Just two months after the pilot made an initial effect. First, the new products, provided farmers with low-cost, appropriate safeguards to protect the personal insurance. At present, a total of 14 micro-insurance products, both middle-aged pilot sales of premium less than 30 yuan. The second is to explore new business model to include retail insurance coverage to the middle and low-income farmers. China Life Insurance (601,628, it shares) through the entire village in Shanxi branch of the EC mission security risk for remote rural micro-insurance; through the village doctors, plumbers, and other micro-insurance agent; to carry out micro-insurance, such as family insurance business . China Insurance Regulatory Commission will be a breakthrough for rural micro-insurance, and actively develop rural insurance, and insurance services to achieve the Pratt %26amp; Whitney, so that the majority of the rural masses of the insurance industry to share the fruits of development. Chen hoped that China's insurance industry to take full advantage of this international seminar on micro-insurance opportunities to strengthen exchanges and promote the development of China micro-insurance.

China Insurance Regulatory Commission staff of the departments, the Hong Kong delegation of the OCI, as well as domestic insurance companies to engage in small business representatives attended the meeting. From India, Thailand and Bolivia, and other rapid development of micro-insurance, coverage of the country's experts in their own micro-insurance market to open up the process of experience, and the development trend of micro-insurance to the outlook.

Universal insurance is facing downward pressure on interest rates dividend risk insurance sales force into silver

As the capital markets fell sharply, with close ties to vote even dangerous products sales experience "cold", the bank sales channel will start to focus on dividend-insurance products. Experts said that consumers buy insurance products or to focus on security functions in the current market environment, not the pursuit of high-yield, but pay attention to risk control.

Universal insurance rates under downward pressure

Western reporters yesterday came to the door of the Industrial and Commercial Bank of the Office business, the display counter of the two materials are dividends products. When a reporter's question whether the right insurance products recommended, the network of financial planning room staff recommendation to buy insurance dividends, "the product of a stable income, in addition to recover after the expiry of the principal, but also to enjoy a certain proportion of Dividends. "

In the financial management of insurance products, investment and even risk being dragged down the stock market's weak performance, and universal insurance settlement rate is also facing constant downward pressure by a relatively small impact on the stock market, robust income dividend risk gradually attracted the attention of consumers.

The so-called risk sharing, refers to the insurance company in each fiscal year after the end of the fiscal year dividend of such insurance could be allocated surplus, according to a certain portion of the cash dividend or a dividend value-added approach to the allocation of a client's life Insurance. Dividends is a function of life insurance.

It is understood that the current risk of a dividend distribution of dividends are mainly in two ways, by the amount of cash dividends and bonus. The former is in the form of direct cash surplus will be allocated to policy holders. At present, most domestic insurance companies to take this approach. The dividend increase is the whole insurance period each year in order to increase the amount of insurance the way dividend distribution.

It is necessary to remind the public that despite the steady dividend income insurance, but the product does not promise at the end of insurance proceeds, the level of dividends depends entirely on the state of operations, a loss if the company is likely to lower the level of dividends or even stop the dividend. Therefore, sales staff can not undertake the level of dividends, or else they would belong to the misleading sales.

Due to the recent central bank rate cut in a row, and many worry that its dividend policy holders will be affected by interest rates, dividends and time deposit products with the bank or bonds were compared. Sun Yat-sen University Risk Management and Insurance Department of dawn, Professor Shen told reporters that the above-mentioned products between each other can not be replaced, nor have comparable insurance is to protect the core.

Emphasis should be placed on security functions

This reporter has learned that dividend risk is to invest our money in bonds, deposits, funds and large-scale infrastructure construction projects, such as relatively stable, with bank deposits accounted for the bulk agreement is very important proportion. Therefore, the interest rate will be reduced to a certain extent, investment income of insurance companies. But analysts said that despite the rate cut into the channel, but because of large deposits in the agreement to cut interest rates before the lock, the insurance companies the impact is difficult to say.

Shen Shuguang, a professor said that insurance products, consumers should focus on security features, do not just look at short-term return on their investment.

Chinese Insurance Association of Banks and Insurance Companies to set up project team

China's Insurance Industry Association recently held a special bank insurance project team set up the meeting in order to strengthen the bank insurance business exchanges, so as to promote the Bank's insurance market continued, steady development.

It is understood that the Bank of China's insurance business remains in the search for sustainable development of the business model and profit model of exploration stage, most of the savings is a simple alternative products, a larger proportion paid in the mid-stream, the cut-throat competition among insurance companies So that the high fees, in the basic "赔本赚吆喝" state.

"Banks and Insurance Companies Association to set up project teams in order to further implement the August Insurance Life Insurance Work Conference, and give full play to the association of self-control and auxiliary functions of the silver industry will work to adjust the direction of development of insurance business, and straighten out the industry Behavior, norms and the development of industry standards, and social sectors to clarify the one-sided understanding, and promote the healthy development of the Bank of security operations. "Secretary-General Insurance Association of China Wang Chao said that the association will be the next step to strengthen the building of the organization, to start self-discipline convention to amend the procedures, Step up inspection of the implementation of the work to ensure that industry self-regulation in place to implement the Convention.

It is reported that the project team by the China Life Insurance, Taiping Life, Taikang Life Insurance, Pacific (601,099, it shares) Life, Ping An Life Insurance, Xinhua Life Insurance, the people's livelihood Life, PICC Life Insurance, Prudential Life and Skandia Life 10 companies , Headed by China Life, the group set up under the norms of development groups, professional groups and institutions to promote research group of the three groups to jointly promote the industry to carry out the work of the Security Bank.

The Return of the King dividend risk insurance 10 new products were born one after another

Since September this year, by virtue of the "capital preservation + value-added features to protect" the double advantage of dividends to be re-insurance products into the ranks of the Top

Has been At this time when Feibi.

Last year, the insurance product Dividend income is relatively low due to the almost ignored. But in September this year, by virtue of the "capital preservation + value-added features to protect" the double advantage of dividends to be re-insurance products into the ranks of the top.

It is noteworthy that, on November 26 in the afternoon, the central bank announced that with effect from the next day, down RMB deposits and loans of financial institutions benchmark interest rate 1.08 percentage points to 11 years can be called the largest rate cut.

"In the current situation of relatively bad assets of insurance companies, cut its profitability is leading to the decline." Insurance analyst at Everbright Securities Xiao Chao-hu said that the risk of dividend income should be dropped.

Ten thrust dividend risk insurance

Weekly financial reporter has learned that as early as 2002, domestic insurance companies selling a large amount of the dividend risk, but then the introduction of universal and even cast-insurance, insurance quickly attracted the attention of investors.

This year in September to October, China Life, Standard Life Heng, friendly life insurance, life insurance and Italy, the Great Wall ten insurance companies and insurance risk sharing a series of new products to market.

To be held in Beijing in November as an international financial Expo, first of all participating insurance companies to the consultant recommended dividend risk products, said sales almost the same: "In the current environment, the dividends of the most dangerous product safety, not only to protect, but also Guarantee a certain income, return every year, set in a financial management and security. "

China Life chairman Yang Chao has said that the dividend risk insurance so that full development potential, the connotation of high-value, strong core competitiveness. Over the years, the dividend risk in the product mix of China Life Insurance, has been dominant.

China Life Insurance, general manager of a branch to the financial weekly, introduced reporters: "The main dividend risk investment channels for government bonds, deposits, funds and large-scale infrastructure construction, investment in this type of insurance products, it is the lowest risk."

Weekly financial reporter interviewed a large life insurance company in charge of selling Mr. Chen, he said: "The current economic environment in dividends to avoid the risk of dangerous side can really play a role, which is the main insurance companies push risk sharing. A number of insurance A short period of the dividend can also be dangerous to play the role of risk reduction. "

"Insurance Regulatory Commission on high-risk investment-sensitive insurance, and insurance dividends due to the relatively safe and can survive in the cracks." Mr. Chen said.

Sun Yat-sen University Department of Insurance Life Insurance lecturer told the financial weekly correspondent of the Yellow River, China Insurance Regulatory Commission stipulates that each of the fiscal year to the insurance policy holder surplus ratio of the actual distribution of those years can not be less than 70% of the earnings distribution. In the current high-risk investment environment, to further the China Insurance Regulatory Commission issued a "new life insurance product information management (the draft)."

"Channel cut" investment channels for insurance companies test of dividends will be adjusted downwards

Earlier this year, the companies announced last year, dividends are high-risk dividend rate, China Life is to reach 8%. However, Guoxin Securities research report points out that interest rates this year into the "cut" channel, it is expected that the 2008 dividend rate is not high.

Weekly financial correspondent of the Yellow River from the Department of lecturers that: "The rate cut on the impact of insurance to insurance companies in accordance with the investment channels. In theory, after the rate cut, with the exception of bank deposits, other investment vehicles earnings are expected to rise. The dividend is based on the overall earnings may be, it is necessary to know the dividend changes, it is necessary to know the various investment channels for insurance proceeds, it is very difficult to achieve. "

"Adjustable dividends, although there is the China Insurance Regulatory Commission, but so do high-low, is determined by the insurance companies. Insurance companies generally will be in the years between the smooth earnings, the dividend will be done to stabilize the restructuring, the company is just different standards Not the same. "Said the Yellow River.

CICC researcher Zhou told the weekly financial reporters: "The level of dividends, such as drastic decline in the risk of weakening the appeal of dividend-risk, in addition to the new premiums have an impact, the original dividend risk customers may surrender . If a higher dividend, the company's net profit also be affected. "

Financial weekly in an interview with reporters found that a Miss Gao bought a large life insurance companies a bonus insurance products, to pay premium for the year 7,000 have been paid for 8 years, every two years to get the return of gold in hand, only 2,000 , The dividend is "not worth mentioning." Miss Gao sighed and said: "Each year on a regular basis to pay such a sum of money, can not eat, can not move, little of the return of gold, might as well buy other products with a higher income."

But there are also different views, Xinhua insurance sales people to accept a financial reporter during an interview on the weekly said: "With the bank deposit interest rates, weak capital markets, customers will be expected to reduce the dividend, bonus little impact on the stability of the business. "

CHEN Dong-mei, an associate professor of Fudan University Department of Insurance to accept financial weekly interview with reporters, said: "Now the insurance product is a higher degree of homogeneity in the short term customers may be relatively simple and yield. But in the long run, dividend income insurance is not transparent, in the range of traditional life Risk-based insurance and investment between. Easy to fall into the 'text than traditional life insurance, even dangerous force to vote as' embarrassing situation. "

Weekly financial reporter from the China Insurance Regulatory Commission issued the "individual insurance actuarial dividends" to see: In addition to the insurance companies to send dividends to its customers notice, shall not be disclosed to the public or advertising of dividends insurance operating results or the level of dividends.

Uneven protection, short-term high premium

Concerned about the risk in dividend income, dividend insurance protection functions do? Central University of Finance and Economics Department of Insurance Professor Hao Yansu has said: "compared to the pure type of insurance protection products, most of the dividend risk protection features are low."

The above-mentioned major life insurance company in charge of selling Mr. Chen said: "At present, the major risk insurance dividends safeguards vary, the coverage of different sizes. Only some death or total disability protection, and some can not be additional accident insurance or Insurance major diseases, such insurance is imperfect. "

On the distribution of dividends, Mr. Chen said: "At present, to receive dividends in four main ways, namely, to receive cash, a total interest-earning, s premium and the amount purchased by insurance. Policyholder if the anxious to get cash, they can choose To receive cash; if we do not hurry to get cash, with the option to purchase a total interest-bearing or by the amount of insurance. If the cash flow shortage can be s dividend premium. "

"There are less than dividends products, and some insurance to pay dividends short period of high premiums, and cash poor. For the short term cash needs of large families, the recommendations should not be too much money for the purchase of insurance dividends."

Then what kind of person for the purchase of dividends from insurance? "If the Chinese insurance funds, stable, long-term there is no intention of spending a large sum, or to prepare for retirement, insurance dividends also be a good choice." Mr. Chen said.