The power to stop selling successors
May be purged by the Bank of China Insurance Regulatory Commission security channels, as well as the insurance product structure of the wind shock, since mid-August, the early part of the "star" family of short-term and short-term health insurance and property insurance have been to stop selling the product. However, there are still at the end of insurance proceeds, the interest rate linked words so the temptation of short-term financial risk management in the bank counter through the streets. Difference is that a name change for the people.
Moratorium on the sale of power
Following the July Department of People's Insurance Company of the life of the people, "Xin Rong annuity" led to the suspension of the sale of premium income fell in a straight line, its sister companies were healthy, "often without any worry," also on August 1 moratorium on the sale of a company which in August Premium income suffered the same fate. According to the Shanghai Insurance Association statistics show that 1-June healthy people of the Shanghai branch of the upward trend in both premium income and more than peace, the life insurance premium income in the first place that month; from the beginning of July, that is, "Often worry," the moratorium on the sale of the previous month, the company's insurance revenue from direct 776,890,000 yuan fell to 15,170,000 yuan.
According to industry sources, although in July, "often without any worry," not to stop selling, but the assets of insurance funds out of the match, supervision Bishi has started to pay attention to short-term financial security silver products over the sale, which could The company has led to self-control product sales.
August is "often worry-free," declared the moratorium on the sale of the month, the health of the Shanghai People's Insurance premium income continued to decline, and in June of 776,890,000 yuan, premium income fell by as much as 93%. People's Insurance product line, "Xin Rong pension" and "worry-free regular health plans to value-added," people have been made to stop selling health insurance premiums in the life of the people and has returned to the tepid state.
In fact, the People's Insurance Department in addition to the two short-term risk management and insurance, land of a family of short-term financial security - peace of mind home-based financial management of family property insurance, insurance Hua called a dragon income-linked and personal accident Comprehensive family property insurance, but also on Aug. 3, "to withdraw from the market."
In the company's products introduced in this paragraph that the products linked to interest rates, the current interest rate is 5.77 percent, in case of any earnings claims will not change. Their income than the 5-year bank deposits higher than 0.19 percent, the statistics we have are of the highest current yield a product.
In addition, wholesale and most of the products to pay different starting point, although the product wholesale to pay the same fee for the first time, but only required to pay 5,000 / 000. 5 per thousand security payments, the main insured 10,000 yuan each year to enjoy a free personal accident insurance, the insured at a total 10,000 yuan each year to enjoy a free personal accident insurance; 10,000 yuan each year to enjoy a free family property Insurance coverage. And similar products on the market are more or less 10,000 / 10,000 from the sale of copies, when compared to other, lower starting point for the product.
Successors
However, the short-term financial risks have not disappeared. According to our statistics, as of Sept. 18, at least 5 insurance 6 short-term financial products are even banks, Postal Savings, and other sales channels.
Among them, and bringing peace to the family financial win-win situation for property insurance rate 5.73 percent, more than 5-year bank deposits higher than 0.15 percent, and Industrial and Commercial Bank (601,398), Shanghai Pudong Development, construction, and China Merchants Bank (600036) The four agencies issued. According to the sales staff to introduce the product-linked interest rates, assuming no change in interest rates, three-year period up to a total yield of 17.19 percent.
China Merchants Bank, said sales, sales of the product is currently very popular.
Some people look step-by-step security system following the posture, is the company's health insurance Ruifu De-fu Full House health care plan (5), its current interest rate is 5.50 percent, with the five-year time deposit interest rates rather, each of 1,000 yuan , 5 were from the sale of its shares to buy no upper limit.
From the sales channels, and bringing peace to (win-win financial management of family property insurance) with four banks to cooperate, counter sales, said sales of this product popular. Bohai insurance (Bo Hai Feng Li 2 / 2 in the Bohai Sea Fleet Financial-family property insurance (1 year) to three banks, and bring peace and stability in the sales channels that there is only one bank (Bank (601939)) the same. Shou and two Insurance companies, insurance Rui Fude (Full House Fuk health care plan) and the Bank, the Agricultural Bank, three of Postal Savings Bank.
Concussion-type fund
Although with the short-term financial products, but in the absence of insurance proceeds at the end, fund-type products in the current turmoil in the market, apparently subjected to more tests.
3, China and Thailand, China and Thailand sound financial management Bao-Ping in this month are the most obvious decline. As of September 18, China and Thailand on the 3rd unit net 0.9567, and last month, compared to 18 a month to reach 7% decline; sound investment in China and Thailand on September 18 insurance unit net 0.7125, nearly a month since the fall of 9% .
Ping Bao financial investment income is also less than satisfactory, September 18 units net 0.7072, and last month, 18 units of the net compared to 0.7889 over the past month fell by 8%, compared to the January 16 launch of the net value of 1.0 yuan , 8-month period has decreased by 30%.
The investment managers talking about peace Bao financial investment in the stock ratio of 0-70%, bond-type assets investment ratio of 25% -95%; cash assets ratio of 5%, with the balance of funds similar. Also on the public media, said: "This large-span of the asset allocation category in the current bullish long-term, short-term dramatic repercussions in the market, is particularly suitable."
However, on September 19 SSE Composite Index rose 9.45 percent, the above-mentioned types of fund products in the net on the same day a greater breakthrough: China and Thailand 3, 19 units net 1.0004, up 4.570 percent the day before; stability of China and Thailand (contract Provisions of the rights and interests of its investment of about 30% -70%), 19 units net 0.7484, representing a 5.0 percent rise in the previous session; safety and financial management Bao 19 units net 0.7358 the previous day up 4.04 percent.
This projection, the stability of the rights and interests of China and Thailand assets position of about 53.31 percent, due to the product in addition to investment in the stock market, but also to invest in open-end funds, so we measured by a formula based on the position should be lower than the actual positions; and Ping Bao financial management positions in the stocks of about 41.75 percent.
