Research Of Anbang Insurance Overseas Mergers And Acquisitions

Since the end of the 20 th century,the pace of world economic integration has gradually accelerated,and the scale of China's foreign direct investment has gradually increased.By 2016,China's total foreign direct investment reached a new and high level of $ 170.11 billion USD,an increase of 44.1%.In recent years,insurance companies' performance is extremely dazzling in overseas direct investment.At the same time,with the development of the insurance industry,China's insurance business competition gradually changed from domestic competition to cross-border competition,competitive market from the domestic market to the global market.First,on the international environment background,the world's major economic growth rate declined,and the recovery of economy is slow.But under the effective economic stimulus policy from countries,the global economic recovery situation is quite good,which is good for our enterprises to merge overseas enterprises and create favorable conditions.According to the data that China Insurance Regulatory Commission released in 2015 show that the proportion of China's insurance funds in foreign investment is only about 1.9%,and to increase overseas asset allocation on insurance funds is an inevitable trend.Second,on the government policy hand,insurance funds can be a formal investment in real estate starting from 2010.In 2012,the CIRC issued the "Regulations on the Implementation of the Interim Measures for the Administration of Overseas Investment in Insurance Funds",which relaxed the scope of investment in insurance funds and allowed overseas investment in insurance funds to select financial markets in some countries or regions or to invest directly in real estate.Coupled with the government advocated “The Belt &Road” development strategy,which encouraged domestic enterprises to go abroad.Finally,about the enterprise development strategy,Anbang Insurance Group is trying to develop insurance and investment as the core,bank,asset management,financial leasing and other diversified financial business as a whole and comprehensive multinational financial services group,thus Anbang Insurance Group "Going out" is imperative.In this paper,I studied the overseas mergers and acquisitions in the insurance industry as the research object,with a series of overseas mergers and acquisitions behavior as a sample,through the documentary analysis and case analysis to specifically analyze Anbang insurance overseas mergers and acquisitions.First of all,Anbang Insurance Group overseas purchase mainly focused on the real estate,insurance and banking industry,according to their development strategy,I learned the cause ofAnbang Group overseas financial diversification of mergers and acquisitions,and then analyzed their specific reasons from the merger of the success cases and failure cases.Secondly,I analyzed the risk of overseas financial diversified acquisition in preparation,implementation,integration,and potential risk of target selection,cash flow,management,human resources and culture.Thirdly,targeted to Anbang Insurance Group overseas mergers and acquisitions,I analyzed Anbang Life and overseas mergers and acquisitions of financial data analysis,and drew a conclusion of Anbang Insurance Group overseas diversified mergers and acquisitions.Finally,I concluded that Anbang Insurance Group has successfully established the multinational financial diversification service group and met the requirements of the Group for the purpose of profitability in the overseas financial diversification.To sum up the overseas financial diversification conclusion of Anbang Insurance Group in mergers and acquisitions,inspires the domestic enterprises going for overseas mergers and acquisitions,and also to encourage domestic enterprises to diversify foreign financial mergers and acquisitions,and to select mature financial markets for diversifying the risk.Meanwhile,to strengthen the three stages in risk prevention and behavior of M & A should also achieve synergies effect between the two sides of mergers and acquisitions.