Application risk capital balance has exceeded $ 5 trillion

Investments covering bonds, stocks and infrastructure and real estate ⊙ reporter Liu Yufeng Lu Xiaoping 0 edit yesterday, by CIRC Chairman Wu dingfu in Chinese insurance Association Annual Conference 2011, said that as of now, the utilization of insurance funds balance has exceeded $ 5 trillion, the use of virtual economic area such as covering the bond and stock, as well as solid economic areas such as infrastructure construction and real estate. It is understood that, in terms of stimulating investment of insurance funds, by means of directly or indirectly, has invested the Beijing-Shanghai high-speed railway, North, southern power grid and people's livelihood, such as important project. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture Wu dingfu pointed out that, in promote Endowment system construction aspects, insurance in speed up commercial endowment insurance development of while, vigorously promoting enterprise annuity development. Now insurance companies were entrusted with the management of more than 30,000 companies pension, entrusted with the management value of more than 120 billion yuan. The insurance industry Annual Conference to "value, innovation, social responsibility--the insurance industry reality choice for sustainable development" as its theme. In response, Wu dingfu pointed out that, compared with other industries, besides has the characteristics of liabilities in the financial sector, insurance management, also has a security and a wide range of social, involving all areas of economic and social and productive life of the masses of all levels. Whether social obligation of the insurance industry, to promote economic development, enhancing social development and improving people's livelihood has important significance. Wu dingfu says, at present, China's per capita GDP had reached US $ 4,000, new characteristics in the economic and social development. At the same time, the insurance needs of the people has become increasingly diverse, China is emerging from a potential insurance market, becoming important global insurance market. Construction of the new situation on the social responsibility of the insurance industry sets higher demands. He stressed that innovative concept, expanding services, further enhance the ability and level of social responsibility of the insurance industry. Strengthen technological innovation, eco-environmental protection, resources conservation areas of risk management and security, support for new emerging industries such as energy, biotechnology, energy saving and environmental protection development. Continue to encourage the support the development of export credit insurance, export enterprises in key support in line with national industrial policy, promote the transformation of foreign trade. According to the 2010 premium income reached $ 1.45 trillion, is 4.8 times times 2002, current international ranking sixth; total assets exceeded $ 5 trillion industry, 7.8 times times the end of 2002; capital of more than $ 400 billion, is 12 times times in 2002.