Variable annuity insurance test insurance enterprises to invest into a bear market life saving straw

Recently officially unveiled the first variable annuity insurance, Jinsheng life "surplus" variable annuity is scheduled to begin on sale. Meanwhile, Aita, Metropolitan life, between China and us life and fidelity life, a number of small and medium-sized insurance companies also have said they will develop a similar product. Jinsheng life Jamie McCarry, President and Chief Executive, said, as growing inflationary expectations and pension risks, is currently a variable annuity insurance the best time to enter the Chinese market. "Surplus" 7 years covered cattle bear cycle of 100% capital guarantee and expiration of the period of operation, low time falls on the stock market investment, is the place of this product most attractive customers. Recommended reading insurance weekly: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Decipher the trader password grasp the main trends in economic Herald reporter learned in the interview, in response to the decline in banking and insurance, and investment and even dangerous performance dreary, insurance companies have plans to introduce variable annuity insurance bailout, however, this provides a minimum guaranteed income "capital preservation investment and even risks" on capital operation of the insurance company is a new test. Great innovation of variable annuity insurance refers to insurance protection features included, insurance interests and the associated investment account invest unit prices of links, and in accordance with the policy agreed with the lowest interest guaranteed by the policy of new insurance products. Variable annuity products are usually accumulated funds, payments and investment link together, an advantage in product yield. "The advantage of variable annuity insurance offers 4 different types of guaranteed minimum policy interests, to require both capital preservation and soft return on investment customers have greater appeal. "Dean of zhongyangcaijingdaxue insurance said in an interview with Herald reporters Hao Yansu, can be understood as dividends insurance and variable annuity product investment and even combination of insurance, industry-also known as the" capital preservation investment and even risks ". The product launch, is the major innovation of the internal insurance market, making up for old-age pension products short boards for the slow development. It is understood that the Jinsheng life "surplus" variable annuity plan is a 7-year wholesale products, minimum payment of $ 100,000, with expiration of the minimum maturity benefit guarantee provided in the form of 100% capital guarantee. And other existing universal life insurance, guaranteed minimum income products are different, variable annuity plans apart from deducting a small fee each year, will return the majority of market gains to our customers, to pursue significantly higher than the fixed-income investments and bank deposits of the proceeds. According to Chief Investment Officer Guo Jinlu Jinsheng life introduction, and investment and even insurance is similar to "full" for the customer to set a name for "harmony" of an investment account, principle of pursuing a sound long-term investment in this account, configuration of interest classes, classes of fixed assets, current assets ceiling, 25% and 10% respectively. This and Jinsheng style more akin to its investment and even the risk of a robust account, configure a small risk. The last 9 years, robust average annual rate of return of the account is 9.2%. Saving straw this year, investment and even dangerous performance dreary, total premiums in a State of atrophy. According to statistics, May vote in danger-even the average monthly income of only-account form 2.67%, hit a one-month return on investment, since a new low this year. Warburg securities statistics, May vote in danger-even the account investment earnings April marked decline, included in the statistics of only 44 of the 176 accounts achieved positive returns, about 25%. 1 cumulative returns this year, various types of account earnings are not satisfactory, for exponential type account, for example, best haikang exponential strengthen return new Trojan-1.79%, worst Everbright Yongming exponential return on Trojan-4.95%. Herald reporter learned that foreign life insurance companies in previous years to rely on "vote even + business banks and insurance companies-insurance" large unsustainable growth pattern has, most of the decline in premium income of insurance companies, anxious to find a new breakthrough. Jamie McCarry in Guangzhou to promote the "Pacific century", said high inflation led to the actual negative income, reduced demand for traditional insurance and savings products. At the same time, demand for investment-linked products, reduced by volatile capital market environment. By contrast, the variable annuity insurance for unique product benefits to the customer. Test investment level Herald reporter learned that, investment and even the risk of an investment account profit and loss closely associated with the investment performance of the insurance company, and how the investment performance of the insurance company, and capital markets have a great dependence. Professor, Department of capital University of Economics and trade insurance Tuo Kunitaka believes that when the overall benefit of capital markets is not good, the insurance company can not have a brilliant idea to get rid of this "trend". Jinsheng life "surplus" variable annuity plan design for a 7-year period, this, Jamie McCarry, said 7-year operation period is the shortest term variable annuity insurance under the insurance regulatory Commission. From the perspective of past market experience, 7 years to cover cattle bear cycle, and this time is to provide timely customer education, retirement planning and wealth, so that the first variable annuity insurance products select a period of 7 years of operation. If seen from a 5-7 cycle, now is time to jiancang, is a bond market yields to the relatively high stock valuations more reasonable is the second, the market unit, the blue-chip earnings at historically low levels. Industry also pointed out that, although the variable annuity has "capital preservation investment and even risks" advantage, but must rely on the effect of making money to attract buyers, have to go by the capital market of cattle "ride". 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