Flight 165 billion 200 million premium tiaola life Taibao maturity mismatch risks to be solved-mcncc

Flight 165 billion 200 million premium tiaola life Taibao maturity mismatch risks to be solved before Ampang insurance aggressively overseas acquisitions, Qianhai life for Vanke equity, life insurance hilder (original life insurance) for continuous placards listed companies in the market of the two famous. This makes the outside world will inevitably ask: "landlord how many surplus?" On 2015, flight four degrees placards Life Insurance Shanghai Pudong Development Bank, a total cost of about 60000000000 yuan. So generous, emboldened by the rapid growth of premium income. According to the insurance company’s premium income data released by the China Insurance Regulatory Commission in 2015, the investment times has joined hands with the Institute of punctuation and finance to launch a list of "2015 insurance companies"". The results showed that the annual scale Fude life insurance premium income of 165 billion 194 million yuan, an increase of 137.64%. In the 75 life insurance companies, the scale premium income is second only to China Life Insurance and Ping An Life Insurance, which has exceeded the old insurance companies such as Pacific Life Insurance, Xinhua Life Insurance and Taikang Life Insurance company. From the growth perspective, a total of 18 life insurance companies scale premiums grew doubled, life is one among the flight seats, ranked eleventh. In view of this, in the 2016 annual meeting of the company, Fu Tak Group chairman of the board of directors Zhang Jun proposed five years fully into the first group of "strategic objectives, and not a bluff. However, since, in life on the winding Fude controversy, focused on its path to run the asset side to leveraging financial insurance premiums. This is considered to be an important means for small and medium insurance companies to counter the "overtaking" and obtain cash flow. And "investment times" reporter found that the company "policyholders investment new contributions" indeed accounted for relatively high. The problem for the outside world about how to guard against the risk of maturity mismatches, reporters interview outline issued to Fuld life, but as of press time did not get a reply. The radical label changes behind the high growth are always going on. In 2014, the life insurance premium to 69 billion 515 million yuan scale of life insurance companies ranked eighth, and a year later, after the life insurance premium scale renamed Fuld has increased 137%, reaching 165 billion 194 million yuan, after China life and Ping An Life, ranked third. The advantage of the old insurance companies is being challenged by "barbarians". Specifically, in 2015, Fuld life insurance premium income of 78 billion 998 million yuan, an increase of 115%; new pay policyholders’ investment funds of 85 billion 927 million yuan, an increase of 165%; independent investment linked insurance accounts added paying 269 million yuan, down 36.76%. It is understood that the "policyholders pay additional investment" refers to not through the risk test of universal insurance and dividend insurance investment income part (mostly universal insurance). As universal insurance has the benefit of the bottom, unlike the continuous risk of loss risk, so in recent years, investors are welcome, but also some insurance companies bend overtaking business focus. However, compared with the traditional insurance of the original insurance premium income, Fuld life insurance policyholders pay additional investment funds on

富德生命1652亿保费挑落太保 期限错配风险待解   在安邦保险大举海外收购、前海人寿争夺万科股权之前,富德生命人寿(原生命人寿)就因连续在二级市场举牌上市公司而声名大噪。   这让外界难免发问:“地主家究竟还有多少余粮?”   2015年,富德生命人寿四度举牌浦发银行,共计耗资600多亿元。如此大的手笔,底气来自于保费收入的快速增长。   根据中国保监会最新公布的2015年保险公司保费收入数据,《投资时报》携手标点财经研究院推出“2015险企赚钱榜”。结果显示,富德生命人寿全年实现规模保费收入1651.94亿元,同比增长137.64%。   在75家人身险公司中,其规模保费收入仅次于中国人寿、平安人寿,已超过太平洋人寿、新华人寿、泰康人寿等老牌保险公司。而从增长幅度看,共有18家人身险公司规模保费同比增长翻倍,富德生命人寿即跻身其中一席,排名第11。由此看来,在该公司2016年度工作会议上,富德集团董事局主席张峻提出五年内“全面进军第一集团”的战略目标,并不是虚张声势。   不过,一直以来,缠绕在富德生命人寿身上的争议,集中在其以理财型保险保费来撬动资产端的经营路径。这被认为是中小保险公司逆袭“超车”、获取现金流的重要手段。而《投资时报》记者发现,该公司“保户投资款新增交费”确实占比较高。   对于外界所担忧的期限错配风险如何防范等问题,记者向富德生命人寿方面发出采访提纲,但截至发稿并未得到回复。   高增长背后的激进标签   变化总是不停显现。   2014年,生命人寿以695.15亿元规模保费排名人身险公司第八位,而一年之后,经过更名的富德生命人寿规模保费一举增长137%,达到1651.94亿元,仅次于中国人寿和平安人寿,跃居第三位。老牌险企的优势地位正在受到“野蛮人”的挑战。   具体来看,2015年,富德生命人寿原保险保费收入为789.98亿元,同比增长115%;保户投资款新增交费为859.27亿元,同比增长165%;投连险独立账户新增交费为2.69亿元,同比下降36.76%。   据了解,“保户投资款新增交费”是指没有通过风险测试的万能险和分红险的投资收入部分(多为万能险)。由于万能险有收益保底,不像投连险有亏损风险,因此近几年颇受投资者的欢迎,亦是一些保险公司弯道超车的业务重点。不过,和以传统险为主的原保险保费收入相比,富德生命人寿保户投资款新增交费增幅更快,绝对数字也更大,一定程度上与外界印象中的经营风格相契合。   近年来,通过在二级市场上频繁举牌而受到关注的保险公司,保户投资款新增交费普遍占比较高。据《投资时报》记者统计,在人身险公司中,有22家公司保户投资款新增交费数额超过原保费收入,除了富德生命人寿,还包括前海人寿、华夏人寿、正德人寿、中融人寿等在二级市场崭露头角的中小型保险公司。有些公司,原保费规模占比很小,几乎全靠理财型产品拉动增长,如中法人寿、珠江人寿、安邦养老、国联人寿、华夏人寿、昆仑健康、复星保德信、中新大东方(已改名恒大人寿),保户投资款新增交费都达到原保费收入的10倍以上。   “资产驱动负债”模式是富德生命人寿等二级市场“剁手族”身上的标签。这种模式是指保险公司通过高收益保险产品获得大量现金流,做大资产端,运用保险杠杆博收益,也是外界的争议点所在。从2015年的保费收入情况看,中小型险企依然在理财型保险上大举发力。   网销大户依仗第三方平台   网销是撬动是富德生命人寿保费增速的一大推手。   近日,中保协人身保险专业委员会互联网保险工作部公布行业经营数据,全年互联网人身保险累计保费达到1465.6亿元,同比增长3.15倍。截至目前,共有61家公司开展互联网保险业务,全年新增9家。在2015年互联网人身保险累计保费收入排名中,富德生命人寿、国华人寿、弘康人寿分居前三名。富德生命人寿以保费收入333亿元排名榜首,几乎是第二名国华人寿174亿元的两倍。   第三方平台是拉动保费的主阵地。富德生命人寿方面表示,从渠道结构看,第三方平台依托其流量、结算和信用优势,实现业务保费规模累计1423.8亿元,占累计互联网人身险总保费97.2%。这也可以从富德生命人寿的银保业务表现得到佐证:今年元旦三天假期,该公司银保渠道总代理保费接近200亿元,其中,期交保费突破3亿元。   在富德生命人寿网站上可以看到,挂在首页的“热销产品”以万能险和分红险为主。而其“保险直销商城”,目前还在升级中。   进军第一集团野心   记者注意到,春节前夕,张峻向社会各界发出问候。据报道,在富德生命人寿召开的2016年度工作会议上,张峻提出了五年内“全面进军第一集团,打造一流行业标杆”的战略目标。他表示,“第一集团”是市场对公司经营成果的认定,“行业标杆”则是市场对公司能力的肯定,富德生命人寿要达成这个战略目标,下阶段仍要围绕“做实、做优、做强”的发展方针,细化经营方针,加快能力建设,做到“知行合一”。   富德生命人寿董事长方力则以“守正出奇、厚积薄发,谱写富德生命新篇章”为题,向公司上下强调了全面落实公司五年规划的重要性。“守正”就是要守住寿险的本质,寻求价值;“出奇”则是要安身创新,不因循守旧,走出一条具有富德生命人寿特色的发展道路。   从2015年的保费收入上看,富德生命人寿确实已向第一集团发起冲击,但市场对于其激进经营模式和期限错配风险的担忧并没有消除,这也是其实现战略目标需要解决的问题。 进入【新浪财经股吧】讨论相关的主题文章: