Research On The Development Path Of Insurance Third-party Asset Management

With the introduction of new asset management regulations and supporting regulations,insurance asset management has entered a transitional stage,facing challenges and opportunities.The new regulations on asset management have clarified the market position of the insurance asset management and created a fair competition market environment;"Interim Measures for the Management of Insurance Asset Management Products" have broadened the agency sales channels,and allowed insurance asset management products to individual investors,the insurance asset management industry ushered in many favorable policies.Due to historical reasons,the development of China's insurance asset management lags far behind other asset management sub-industries.Under the opportunities created by the new asset management regulations,actively facing challenges,fully developing third-party businesses,and participating in the fierce competition in the asset management market have become a general consensus in the insurance asset management.The development of third-party business has put forward higher requirements for the insurance asset management,and needs the guidance of development theory and the reference of practical experience.This article elaborated on the theory and practice of China's insurance asset management industry in detail,focused on the issue of China's insurance asset management companies developing third-party business under a new background,and participated in the research of insurance asset management to issue debt investment plans and equity investment plan products.Beijing-Shanghai high-speed rail project case,obtained insurance asset management institutions to create alternative investment products license advantages and capital advantages;then studied the development path of Germany Allianz Asset Management,American Prudential Asset Management,France AXA Asset Management,summarized the foreign mature The development path of insurance asset management companies in the market.Finally,based on the above research,it provides suggestions for my country's insurance asset management companies to develop third-party business in the new period.China's insurance asset management companies must first continuously strive to dominate their business and accumulate strength;second,they must move towards a professional and independent corporate governance system;their three should base on their own resource endowments,formulate comprehensive development strategies,and strive to form a scale effect and synergy Development pattern,or formulate a differentiated competition strategy,and make efforts in subdivided fields;Fourth,after achieving modular development in China,it is necessary to formulate a "go global" strategy,find emerging markets,broadly deploy business lines,and diversify asset allocation to diversify risks;Persevere in its five,deep dive into subdivided fields,step up to thousands of miles,build a mature investment and research system,and form a non-reproducible core asset management capability.