An insurance asset management company is a financial institution specializing in insurance fund management. The main business is to accept the entrustment of insurance companies and manage insurance funds for the purpose of maintaining and increasing value. Insurance asset management companies are generally established by insurance companies or their controlling shareholders. After accepting the entrustment, an insurance asset management company may manage and use the insurance funds of shareholders or the funds of insurance companies controlled by shareholders, and may also manage and use its own funds.
1, according to laws, regulations and relevant contracts. Insurance asset management products include debt investment plans, equity investment plans, portfolio products and other products stipulated by the CBRC. Insurance asset management products shall be issued to qualified investors in a non-public manner. Insurance asset management institutions should give full play to the advantages of long-term stability of insurance funds to serve insurance protection and economic and social development. Insurance asset management institutions shall abide by laws, administrative regulations and the provisions of the China Banking Regulatory Commission, follow the principles of fairness and impartiality, safeguard the legitimate rights and interests of investors, and be honest and trustworthy. Avoid conflicts of interest.
2. When an insurance asset management institution conducts insurance asset management products business, it shall strengthen the management of investors' appropriateness, fully disclose information and risks to investors, and shall not promise to protect capital and income. Investors investing in insurance asset management products shall make prudent decisions according to their own abilities and bear investment risks independently. The property of insurance asset management products is independent of the inherent property of insurance asset management institutions, custodians and other natural persons, legal persons or organizations providing services for product management and other properties under their management. Property and income obtained from the management, use and disposal of product property shall be classified as product property.
3. If an insurance asset management institution, custodian or other institution is dissolved, revoked or liquidated according to law, the product property does not belong to its liquidation property. The use of insurance funds shall not exceed the provisions of the Insurance Law, and shall be limited to bank deposits, treasury bonds transactions, financial bonds and other forms stipulated by the State Council. In addition, the asset management company shall not promise that the entrusted funds will not suffer losses or guarantee the minimum income, and shall not use the entrusted insurance funds. Seek benefits for third parties other than customers, and may not manipulate funds from different sources for transactions.