Moodie the total insurance premium income growth rate will slow down to single digits

Moodie: the total insurance premium income growth will slow down to single digit level Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! China securities network (reporter Shi Beibei Moodie) Investors Service Inc released 13 report is expected in the next 12-18 months Chinese (Aa3 negative) property and Casualty Insurance Companies premium growth is moderate, stable earnings growth, which support its outlook for the stability of the industry, the reason is based on risk pricing mechanism will ease the effects of competition and price growth increased operating costs due to the. Moodie Analyst Assistant Vice President Wu Jiepei said: "the slowdown in economic growth, forced insurance (i.e. non commercial insurance) rate of the market environment, we expect the total insurance premium income growth rate will slow to a number of high level. On the other hand, the government policy guidance will also encourage insurance companies to continue to seek non auto insurance business growth." "At the same time, commercial auto insurance rates market will enable insurance companies to improve product pricing to reflect the potential risk, which will help to reduce the combined ratio." Wu Jiepei added. Moodie’s basic scenario assumptions are 2016 and 2017 China’s real GDP growth of 6.6% and 6.3%, respectively, lower than in 2015 of 6.9%. Although car sales in the first half of 2016 rebound, but since the beginning of the national implementation of commercial auto insurance rates market from 2016 to July, auto insurance premium (the total premium income growth will slow down 3/4). Therefore, Moodie is expected to non auto insurance premium contribution to the total premium income will become increasingly important. The government including "The Belt and Road" and "new country ten", the move will also support its growth. The insurance industry are increasingly adopting new technology, this will boost business growth and enhance efficiency, but on the other hand, the huge upfront investment will increase the insurance companies, especially for small insurance companies caused by the financial pressure. Therefore, Moodie is expected, large insurance companies will benefit from its strong capital strength, and therefore have the advantage in technology investment, but small insurance companies may seek to cooperate with the third party web portal and Internet service providers, so as to improve its cost-effectiveness. In a low interest rate environment, the insurance company has increased its equity investment and offbeat investment, to seek higher returns. Although the increased risk of impairment loss of offbeat investment, and thus weaken the insurance industry’s capital position, but Moodie is expected to continue in profit growth and insurance loss trend improvement will absorb the impact on solvency. Finally, Moodie is expected to introduce China risk oriented solvency system (compensation two generation) will increase the risk management of the insurance company’s attention. Therefore, the use of reinsurance will increase, especially in response to earthquakes and floods and other catastrophic risk. Enter the Sina financial stocks] discussion相关的主题文章: