Analysis On The Placard Of An Bang Insurance Funds And Its Investment Income And Risk

"Placard" is the concept of the securities industry for "trigger for card purchase this behavior" commonly known as the relevant laws and regulations,through the secondary market(that is,the exchange market)or agreement assign all stocks to buy some shares of listed companies to achieve company5% or 5% of the integer times,should be carried out in accordance with the laws and regulations request statement published.Since the establishment of the securities market,the issue of placard has frequently entered the public's attention.The earliest placard event from 1993,Bao'an placards YanZhong,at the end of 2013,insurance funds begins their placard when they has always been low-key before,now known as the "barbarians" besides the door.The "Bao & Wan Battle" in 2015,that is,the competition between Wanke and Baonengxi,which is the representative of the insurance company,which is the leading cause of vanke,is even more rampant.It pushes the capital of the insurance industry to the forefront of public view.The insurance industry has become another strength among institutional investors,including securities investment funds,social security funds,QFII and enterprise annuities.Before the emergence of the crazy "Placard Tide",the fund performance of the insurance industry used to invest in the secondary market was relatively dispersed,and the proportion of total insurance funds of the insurance company was small.According to statistics,from July to December in 2015,10 insurance funds placarded 35 listed companies and invested more than RMB 300 billion RMB.Mainly there are insurance companies such as Anbang,Qianhai,Yangguang,Fude,Guohua,Junkang,Huaxia.Both the frequency of the placard and the strength of it exceeded market expectations.Unlike the general enterprise,the management mode of the insurancecompany is a typical liability model,and the insurance company has a large amount of self-owned capital and premium income.In the course of operation,the probability of risk can be measured in a certain way,so the number of future insurance companies will be estimated.In addition to this part of the risk reserve,the insurance company has enough time to invest the rest of the money in order to gain investment returns.The innovation of this paper is that the domestic research on insurance funds is more inclined to the overall industry how to carry on the multi-directional investment and the security of capital.On the basis of the predecessors,this paper analyzes the behavior of Anbang insurance company,and hopes to provide experience and help for the future insurance companies or the enterprises to raise their placard from the micro perspective.