Protection group listed as a whole countdown

Wen Ding Bing protection group of the recent introduction of a $ 10 billion investment of Social Security Fund, marks its success in introducing strategic investors work is complete. Analysts pointed out that, in overall reform, introduced after the war vote, now listed all obstacles have been cleared of all protection group, listed as a whole into the Sprint period. It is understood that there are already a number of investment banks involved are preparing full swing was listed as a whole. Multiple value late last year earnings upgrade, protection group-related sources, introducing strategic investors will be completed at the end, but the matter is settled in mid-June this year. "Social Security Fund has done adequate due diligence investigations, based on the life insurance group diversified revenue model of prospect and the scarcity of financial group shares before they finalize decided to initially raise $ 5 billion in investment to $ 10 billion. "A source close to sources of related transactions. 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 after leaping development in recent years, protection groups had built the property insurance, life insurance, health insurance, and investment multiple profitable new plate patterns, SSF value precisely the point. The protection group was founded in 1949, "new founders of China's insurance industry," said. In 1997 in the reform of production, separation of the life insurance, life insurance group's life insurance operations were stripped out, its main source of profits to a single property. Due to the relative casualty market saturation, to the end of 2006, calculated according to asset size, protection group far behind China, ping an of China (601,318, unit) and Turbo in China (601,601, unit). Business single, insufficient solvency of casualty, life and health insurance lack of development capital, limited size of the investment funds, which severely restricted the development of the protection group. In early 2007, Wu Yan served as President of a protection group, he decisively proposed "business sector collaborative development" strategy. Since then, the protection group in the absence of external direct investment conditions, short Board was quickly up on life insurance business. Life insurance life insurance took less than 5 years to achieve operating profit, becoming one of the fastest growing life insurance market "dark horse", covered 7-9 life insurance company in the past years to go the distance. PICC health insurance also spent less than 5 years has made profits, breaking the major health insurance companies profit cycle of 8-10. These two business profitability, the assets accumulated speed ranks first in the domestic market. Under the pull of the life insurance sector, multi-profit model maturity of the protection group. In 2009, the first casualty in the protection group, life insurance, health insurance and investment business segments a comprehensive profit of a historic breakthrough. In 2010, the life insurance group's overall profitability and underwriting profits hit a best, overall earnings $ 7.33 billion, is a 2006 $ 4.5 times times net asset yield near 17%, successful realization from diversified investment shift to the profit of the period. In 2011, the overall profit is expected to exceed $ 10 billion. "Multiple profit pattern of investment value and enhance the protection of mature group, some of the key index has reached or exceeded the relevant listing standards. "Wu Yan said," protection group has fully equipped with the a-share and h share listing criteria. "Strengthening overall control of the Group at present, CITIC groups, the Everbright group listed target financial, such as aircraft carriers are presented as a whole, but judging from stock listing process, preparation, protection group could go ahead. Protection group now has over more than 10 major subsidiaries, scope of business covers casualty and life insurance, asset management, insurance brokerage, trust, Fund, and other fields. Market participants pointed out that, if the protection group successfully listed, create a new model in China's financial holding group listed as a whole, as China life insurance, reinsurance and other insurance group of China next listed provide reference as a whole. Analysts pointed out that, through overall reform, the protection group for its subsidiaries control ability greatly enhanced. Nearly three years, the protection group has been consciously improve the Group's controlling stake in subsidiary. Through a series of replenishment of the activity, the protection group for PICC asset management company's share rose from 41% per cent, on the protection of life insurance rose from 51% per cent of the stake, on the protection of Health's share rose from 51% per cent. Under the overall control of the group, synergy has been reflected in various business segments. "Mode of quality assets to be listed is the passage of large State-owned enterprises, and protection group listed as a whole without leaving acquired assets and personnel, no sequels, and require that all assets and business segments of the group to have very strong profitability, meet the criteria listed, which established for the large State-owned enterprises is a very easy thing. "Analysts say. Wu Yan believes that by strengthening internal control of the group, in collaboration with benign interaction between the business sector, help to improve the ability of profits retained, for core capital growth, helps to achieve from dependence on foreign sources of capital support to rely primarily on internal sources of capital accumulation of benign changes, provide capital for sustainable development support. The "national" prefix advantage appeared "I emphasized many times in internal meeting, to concentrate the time, had missed the opportunity to Rob back protection. "Wu Yan said," the protection of people, brands, networks and " " background of the prefix itself is the greatest asset of the group, as long as the full advantage of these advantages, you can create value. "The protection of groups by taking various policy insurance business, built up in-depth coverage of rural grass-roots networks. By the end of March, the protection of personal customer service for more than 110 million people, corporate customers in more than 14 million households. Market participants pointed out that the protection relies on a full range of insurance services has established a hyper-trillion customer base, if the spade husbandry, cross-selling in the future, assets under management, trust, Fund will benefit. The "national" prefix the background also provides protection and innovative business models, which appear even more obvious on the protection of health. Specialty health insurance products in China at present is small, general medical risks facing white-hot competition makes health insurance from life insurance companies are squeezed. "Why not grasping the opportunities of the new health reform push, builtState and national policy of health insurance, and commissioned by the Government health insurance business model to achieve breakthrough health insurance? "Senior protection group the idea of eventually forming a" Zhanjiang mode. " Since 2007, the protection of health are fully involved in construction of social medical insurance system for urban and rural residents in Zhanjiang and Manpower, in the case of payment and financial pressure does not increase the residents to protect from the original $ 15,000 a year that the maximum number referred to the $ 80,000, while medical resources were fully utilized, insured hospital fees drop by up to 10% per capita of the masses. "Zhanjiang mode" in 2010, the State Council approval. Insured protection of health at present has the cumulative social security supplement Government delegate business 572, cover 22 provinces, autonomous regions, municipalities, 86, service population of nearly 90 million passengers. Enter "35", the protection group, aiming to 2015, Group revenues more than doubled, annual compound growth rate of more than 15%, exceeded $ 1.5 trillion in total assets, return on equity reached the leading level. According to previously published data, the first 4 months of this year, the protection group net profit of about $ 4.4 billion of the $ 4.5 billion, profit record. For protection, and this is a good place to start.