Set sail in the east wind
In the new blueprint for the development of the insurance industry outlined in the "Ten Articles of New China", the pension industry has become an important strategic direction for the future layout. Insurance companies give full play to the natural matching advantages of the long-term and stability of insurance funds and the investment attributes of the pension industry, and gradually become a new force to invest in the pension industry after real estate enterprises and large central enterprises.
Institutions such as the China Insurance Regulatory Commission actively encourage insurance companies to carry out reform and innovation in the Shanghai Free Trade Zone. On September 16, the China Insurance Regulatory Commission approved that Pacific Insurance Group designated its subsidiary, Pacific Life Insurance, to set up Pacific Insurance Pension Investment Company in the form of major equity investment. On September 25th, the new company registered in industrial and commercial registration in Shanghai Free Trade Zone. Zheng Yutong, currently a supervisor of Pacific Life Insurance, is also an executive director and general manager of the company.
Pacific Insurance Pension Investment Company is a professional asset management company that invests in the pension industry. It will become another important business segment of Pacific Insurance Group besides property insurance, life insurance, asset management, online and health insurance. The company's business scope includes investment and construction of pension industry, pension investment, operation management and health care investment business related to pension industry. All future investment projects of Pacific Insurance Group in the pension industry will be managed on the platform of Pacific Insurance Pension Investment Company.
Occupy the highlands and show your advantages.
As a professional pension industry investment management company in the Pacific insurance system, the specific measures of Shanghai Free Trade Zone to reform the highland are of great significance to Pacific Insurance Pension Investment Company: First, the free trade zone is the focus of the "try first" policy, which can facilitate the business innovation of the company in the future; Second, FTZ's foreign exchange control is free and flexible. The establishment of the company here can enjoy the convenience of raising and using funds flexibly, and can also facilitate the introduction of foreign pension service partners, overseas medical and health equipment and pension-related talents. Third, foreign-funded enterprises in the Free Trade Zone can engage in a wide range of industries, and foreign-funded pension service partners can enjoy support policies in the fields of research and development and sales of elderly products, investment in medical institutions, investment in pension real estate, financial derivative services, pension insurance, etc., which is conducive to the company's future development of foreign-funded pension project acquisition, capital operation, personnel training and other software and hardware construction.
New model, pragmatic and steady
In recent years, Pacific Insurance Group has actively deployed around the development of insurance main business, and Pacific Insurance Pension Investment Company will become an important extension of the company's insurance main business value chain. In the future, the Group's investment in the pension industry is expected to have synergistic effects with the main insurance industry in many aspects, such as brand value promotion, sales capacity cooperation, customer resource sharing and insurance fund utilization.
Different from the mode of "holding high and fighting high" in the market and peers, Pacific Insurance Pension Investment Co., Ltd. will acquire and lease the existing properties in the city center and transform them into pension facilities to provide professional pension services for middle and high-end customers with long-term care needs. From the perspective of insurance companies investing in the pension industry, this model is easier to start, and it is convenient for risk control and can be replicated and promoted.
It is reported that the regional layout of Pacific Insurance Pension Investment Company will start with the development of Shanghai central market, and gradually spread to the Yangtze River Delta, Pearl River Delta and Bohai Rim, and will expand to the first-and second-tier key cities in China within five years. The old property of the former training center of Pacific Insurance Group, located in Xuhui District, Shanghai, will become the company's first old-age facility renovation project, and construction is expected to officially start in early 20 15.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.