News Life and Health03 May 2018

China:Insurance gains in importance in investment portfolios

03 May 2018
This photo is only viewable by subscribers. Subscribe now


The importance of insurance products is looming larger within the investment portfolios of the Chinese, as their interest in investments continues to grow.

According to the latest Manulife Investor Sentiment Index (MISI) released by Canada-headquartered Manulife Financial Corporation, Chinese investors' MISI has increased to 40 in 2018 from 33 in 2017.

The optimism of investors comes mainly from the fact that China's economic reforms have continued to generate a lot of new opportunities.

Meanwhile, insurance products have played a more important role in their investment portfolio, accounting for 11% of their total investable assets, a 1% rise from 2017.

Chinese investors' insurance savings increased by 5% to 50%, while personal health and medical insurance increased by 8% to 46%.

Investment interest in fixed income instruments, cash, and real estate also increased significantly from the previous year.


 

| Print | Share

CAPTCHA image
Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 

Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

Other News



Follow Asia Insurance Review