Thursday, November 6, 2008

Insurance: A risk capital investment in shares no surplus to reduce the loss of float

China Insurance Regulatory Commission 7 in the third quarter of 2008, held a regular press conference, the China Insurance Regulatory Commission spokesman Yuan Li said at the meeting that as a whole, direct investment of insurance capital of the A shares Kim has not occurred to the loss, but reduced, mainly a reduction of investment in the floating surplus. Summary of the conference are as follows:

The total assets of Chinese insurance companies 3,000,000,000,000 super-premium income tenth of the world

At present, insurance companies has reached 115, the total assets of insurance companies more than 3,000,000,000,000 yuan. From the top international point of view, China's premium income tenth in the world, has gradually become the world's major emerging insurance markets.

Insurance: A unit of insurance funds to invest no surplus to reduce the loss of float

Chinese Yuan Li, spokesman for the China Insurance Regulatory Commission today in the third quarter of 2008, a routine news conference that from the industry as a whole, direct investment in A-share market to the principal amount of the loss has not happened, but reduced, Mainly to a reduction of investment in the floating surplus. At the same time, investment funds have had some losses, but the overall risk is still controlled in the range.

China Insurance Regulatory Commission: the first 3 quarters the use of insurance funds yield an average of 2.1%

As of the end of Sept., the use of insurance funds balance 2,880,000,000,000 yuan, representing a growth of 7.6 percent early next year. 1-3 quarter, the use of insurance funds yield an average of 2.1 percent.

China Insurance Regulatory Commission at 1-Sept China's agricultural insurance premiums amounted to 9,110,000,000 yuan signing

1-9 this year, the signing of the National Agricultural Insurance premiums have reached 9,110,000,000 yuan more than in the year 2007, an increase of 75.9 percent. The risk of providing security has reached 187,622,000,000 yuan more than in 2007, the year 66.6 percent growth.

China Insurance Regulatory Commission has approved four small insurance companies to conduct insurance pilot

At present, the China Insurance Regulatory Commission has approved China Life Insurance, Pacific Life, Taikang Life and Xinhua Life Insurance and three other insurance companies to conduct small experiments.

China Insurance Regulatory Commission to deal with the three measures to guard against financial crisis, the use of risk capital

China Insurance Regulatory Commission spokesman Yuan Li in the third quarter of 2008, a routine news conference that the international financial crisis broke out, the China Insurance Regulatory Commission pay close attention to the development of the crisis, to take prompt measures to deal with all types of possible transmission risk .

The State Council for approval rate risk capital investment in unlisted companies amounted to 407,500,000,000

7, the China Insurance Regulatory Commission to be held in 2008 in the third quarter of a routine press conference, the China Insurance Regulatory Commission spokesman Yuan Li said at the meeting that the State Council recently approved insurance companies to invest in private equity business, which is already approved by the State Council in the near future, China Insurance Regulatory Commission is to develop the pilot rule, I believe the next step on the details of the proportion of investment management practices will be open as the pilot gradually introduced.

The insurance industry in September before the original insurance premium income 793,960,000,000 year-on-year increase of 49%

7, the China Insurance Regulatory Commission to be held in 2008 in the third quarter of a routine press conference, according to the China Insurance Regulatory Commission spokesman Yuan Li at the meeting published data show that the insurance industry before the September primary insurance premium income 793,960,000,000, up 49% .

China Insurance Regulatory Commission does not limit the losses as a result of insurance companies to invest overseas to emphasize sound

Chinese Yuan Li, spokesman for the China Insurance Regulatory Commission today in the third quarter of 2008, a routine news conference that the current domestic insurance companies to invest overseas equity insurance companies listed there have been some losses in this regard the China Insurance Regulatory Commission has asked the companies to take The necessary measures to reduce losses. However, the China Insurance Regulatory Commission and the insurance companies will not be allowed to invest overseas.

"Insurance" is being revised to allow insurance companies or real estate investment

Chinese Yuan Li, spokesman for the China Insurance Regulatory Commission today in the third quarter of 2008, a routine news conference that the China Insurance Regulatory Commission is currently being revised, "Insurance Law", "Insurance Law" in the last amendment has not been put before the National People's Congress is to solicit opinions .

Insurance for the masses in the future pension and health reserve accumulation 2,200,000,000,000

Assistant to the chairman of the China Insurance Regulatory Commission, said Yuan Li, the insurance industry for the masses in the future pension and health reserve accumulation 2,200,000,000,000 yuan.

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