Thursday, April 6, 2017

Kyobo Life Insurance, Hanwha, soaring more than doubled last year, overseas investment



The aggressive appearance naseoneun to [Korea gimmingyeong financial newspaper reporters] are alternative investment insurance was a classic at low interest rates. Hanwha Life and Kyobo Life has ventured overseas investment last year aggressively. Foreign investments in these insurance companies have already showed you overtake the life insurance industry's No. 1 Samsung Life Insurance.

Last year, the securities of Hanwha Life Overseas Company, according to the business report, surged last year 1,600,008,000 billion from approximately 7.6 trillion won in 2014. Kyobo Life Insurance, too, but only about 5.5 trillion won in 2014 grew more than twice the size as last year's 12.6 trillion won.

It is these two big insurers have taken aggressive moves overseas investment is difficult to analyze the asset management to blame the prolonged low interest rate environment. Dolryeojwoya customers entrusted upon the invested premiums and due put up, but while some domestic bond yields continued to decline year yields hit bottom deongdalah also asset management.

Accordingly, the prophet target return difficult to reach with traditional conservative ASSET MANAGEMENT insurers are seeking a variety of alternative investments, including foreign securities.

NH NH Life plans to invest in hedge funds into this year. Hedge funds, but goods leaving the absolute revenue derivatives have fewer than 100 investors joseonghan funding high-risk insurers have been reluctant to invest.

But life is NH NH reportedly pursuing a strategy to increase profitability in the short term to such an awareness ahead of the implementation IFRS17 2021.

Hyundai recently as domestic insurers were initially invested in the British private equity fund BC Partners, a management company with 70 billion euros to recruit a (Hanwha approximately 9 billion) buyout fund of 5,000 million euros in size (about 620 million).

Buyout funds are fund raising revenue by selling back the expensive enhance the value after the acquisition of companies with potential. But there is also the possibility of failure, such as sales of principal loss has also recognized that inadequate investment in the insurance industry.

Industry insiders "can only turn our eyes to an alternative investment that has potential because insurers enter the two operating revenue size from '' basically stable investment in bonds, and to afford this venture some high-risk Ko Suik investment as much as' saying that He said.



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