XX《通知》It is also clear that, except for collective fund trusts with a credit rating of AAA, the investment amount of an insurance group (holding company) or an insurance company investing in the same collective fund trust shall not exceed 50% of the size of the paid trust of the product. The investment amount of the group (controlling company), the insurance company and its related parties investing in the same collective fund trust shall not exceed 80% of the size of the paid trust of the product.
The data shows that the scale of insurance fund investment fund trusts has grown rapidly. By the end of 2018, the scale of investment fund trusts of insurance institutions was 1.27 trillion yuan.
The China Insurance Regulatory Commission said that the《通知》announcement is an important measure for the Banking Regulatory Commission to promote insurance funds to better serve the insurance industry and the real economy. Expanding the scope of “guarantee” cooperation is conducive to creating a good and fair playing environment for insurance institutions and trust companies; clarifying the regulatory orientation of insurance funds to go through and nesting, which is conducive to restricting unreasonable and non-compliant investment business development; The credit enhancement arrangement of insurance fund investment trust shall not be provided by financial institutions, which is conducive to breaking the rigid payment of financial institutions; clarifying the scope of investment of basic assets, which is conducive to further exerting the industry advantages accumulated by trust companies in non-standard assets and guiding insurance funds more The land flows into the real economy.
In the next step, the Banking Insurance Regulatory Commission will strengthen the supervision of the insurance fund investment collective fund trust, give play to the long-term stable investment advantage of insurance funds, and further enhance the economic efficiency of the insurance fund service entity.xx