Xinhua Beijing, September 27 (reporter Guzhehan) reporter from the Insurance Regulatory conference on the use of funds to learn: in the scale of the rapid growth of assets and investment channels continue to widen the situation, the risk of insurance funds to effectively prevent the use of funds to increase the steady growth. At present, the proportion of non-performing assets in the industry is less than 1%, 2004 to 2008 August, the annual investment income of insurance institutions is more than 5%, the first 8 months of this year to achieve investment income 2.7%. As at the end of August, The utilization balance of insurance funds reaches 4.3 trillion yuan, and the use channel of insurance funds has been completely liberalized. From the public offering field to private placement, from traditional products to alternative tools, from domestic market to overseas market, from real economy to virtual economy, insurance investment field expands greatly, and insurance asset management company has become the most extensive financial institution in the field of investment in finance. Wu Dingfu, chairman of the CIRC, stressed that the use of insurance funds is an important support for the sustainable development of insurance companies and an important source of profits, insurance companies sell the policy is to the customer's liabilities. The application and supervision of insurance funds must maintain the high vigilance of risk, safeguard the sustainable development of the insurance industry and the fundamental interests of the general insured, and safeguard the security of the national financial system.
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