CIRC Intends To Amend The Management Method Of Insurance Assets Utilization

< p > Authoritative people believe that the proportion of investment can be adjusted. In fact, it is the important step of the Insurance Regulatory Commission to implement assets supervision of insurance funds and the right to the market. This also indicates that the new market policy of the CIRC on the use of insurance funds is worth looking forward to.

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< p > yesterday, the website of the CIRC issued a notice, calling it to further promote the market-oriented reform of the insurance fund utilization system and improve the efficiency of insurance funds utilization. The CIRC drafted the decision on Revising the Interim Measures for the management of insurance funds (Draft), and the deadline for feedback was February 10, 2014.

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< p > announcement that the CIRC has revised the contents of the sixteenth decision of the insurance company < a href= "//www.sjfzxm.com/news/index_c.asp > > < < /a > > Interim Measures". The following amendments are made: "insurance group (holding) companies and insurance companies engaging in the use of insurance funds should meet the relevant requirements of the CIRC, and the specific regulations will be separately formulated by the CIRC.

The CIRC may adjust the proportion of investment in insurance funds according to the circumstances. "

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< p > August 2010, the Interim Regulations of the CIRC on the management of the use of insurance funds respectively provide detailed provisions on the proportion of insurance funds invested in money market funds, unsecured bonds, investment in unlisted companies shares, investment in stocks and funds, and investment in real estate.

"If the proportion of investment is not amended, then the notice issued by the CIRC" on strengthening and improving the supervision of the proportion of insurance funds "can not be implemented.

An insurance asset management officer in Beijing told reporters.

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< p > according to the notice, < a href= "//www.sjfzxm.com/news/index_c.asp" > Insurance Fund < /a > investment assets will be divided into five categories: liquidity assets, fixed income assets, equity assets, real estate assets and other financial assets.

Among them, the book balance of equity assets, real estate assets, other financial assets and overseas investment is not higher than the total assets of insurance companies at the end of last quarter by 30%, 30%, 20% and 15% respectively, while the total amount of liquidity assets is not controlled.

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< p > "non-listed company equity investment is classified as equity assets.

The original limit of investment in equity investments such as venture capital, stocks and funds was 25%. This time the non-listed company shares were incorporated into them, with an investment ceiling of 30%.

As for stock, fund and non-listed company, the proportion of equity investment accounts for the size of the company's equity investment.

This is not only very clear, convenient for scientific supervision, but also for the market.

The official told reporters.

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< p > < a href= > //www.sjfzxm.com/news/index_c.asp > < < China Insurance Regulatory Commission > < /a > > chairman Jun Jun Bo has clearly pointed out that the basic idea of the Insurance Regulatory Commission's reform of the insurance fund utilization system is determined to adhere to market-oriented reform orientation. In order to further decentralization, the CIRC is studying the supervision of large categories of assets and canceling some proportion restrictions that do not meet the requirements of market development.

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Chen Wenhui, vice chairman of the Insurance Regulatory Commission responsible for the use of funds, also said last Friday that the reform of the insurance fund utilization is not to make simple adjustment on the basis of the original policy, but to further relax the scale restriction according to the idea of "catching up with the big and small", and to divide it according to the asset class. At the same time, on the basis of the mandatory supervision ratio requirements in the past, the proportion of risk monitoring and the ratio of internal control of the company should be delineated. "P"

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< p > information from authoritative departments shows that under the direction of market-oriented reform, the CIRC will further open up the scope and scope of venture capital investment in the future.

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