Recently, the National Pension ServiceInsuranceCo., Ltd. (hereinafter referred to as “National Pension Service”Insurance”) official disclosure Q1 2022InsuranceSolvency report.
The report shows that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of the National Pension Insurance are both 14,862.00%, indicating sufficient solvency.
National Pension Insurance in the first quarter of this yearnet profit468,400 yuan, and there is no insurance business income.According to the National Pension Insurance, as of the reporting date, the insurance business has not yet been carried out, and the premium for the latest fiscal year is 0 yuan; as of March 31, 2022, the total assets are about 11.2 billion yuan; as of the end of the first quarter, thecompany investmentThe yield and comprehensive investment yield are both 0.0463%.
The National Pension Insurance said that since this quarterly report is the company’s first solvency report, it will not analyze the changes in the results of various indicators and their reasons for the time being. As of the reporting date, the liability-side business of the National Endowment Insurance has not yet been launched, the investment plan is still being implemented gradually, the minimum capital occupation is low, and the solvency in the first quarter is at a relatively high level. It is expected that with the development of the debt-side business in the second quarter and the gradual implementation of the asset-side investment plan, the solvency adequacy ratio will gradually enter a relatively stable state from the next quarter.
In addition, the solvency report discloses the positions of directors, supervisors and senior executives of the National Pension Insurance. Among them, Ye Haisheng has officially assumed the chairmanship of the company since March 22. Previously, Ye Haisheng served as the director of the capital account management department of the State Administration of Foreign Exchange. He will step down in February 2022 and join the national pension insurance preparatory team in the same month.Huang Tao, 50, is currently the legal representative and general manager of the National Pension Insurance.Shanghai BankVice President, from July 2021 to March 2022, served as the deputy head of the National Pension Insurance Preparatory Team.
On March 22, the China Banking and Insurance Regulatory Commission approved the opening of the National Pension Insurance Co., Ltd.National Pension Insurance 17shareholdercollection of manybankoffinancial managementSubsidiaries, if you countMinsheng Bankits investment company,bankThe total shareholding ratio exceeds 70%. Before the opening, the capital injections of all shareholders have been in place.
The China Banking and Insurance Regulatory Commission stated that the National Pension Insurance Company is a professional pension insurance operating institution and will actively participate in the construction of the third pillar pension insurance. The supervision encourages the company to make bold innovations in business operations, risk management and management mechanisms and systems, and actively participate in the pilot program of pension finance.
According to the company’s development plan, National Pension will focus on developing innovative pension financial services such as pension annuity insurance, exclusive commercial pension insurance, and commercial pension plans to meet the diverse pension security needs of the people.
(Article source: Interface News)