险资“长钱长投”优势显著 积极把握资本市场机遇

Core Insights - Insurance capital possesses unique attributes of "long money and long investment," making it suitable for long-term capital market investment needs [1][2] - The current market environment presents a critical moment for insurance capital to actively seek changes and seize opportunities [1] Group 1: Characteristics of Insurance Capital - The "long money" aspect originates from the liability side, primarily utilizing life insurance funds, while "long investment" is practiced on the asset side, creating a closed loop through asset-liability matching [1] - The long-term nature of insurance liabilities provides a solid foundation for the "long money" attribute, with premium income accumulation showing stability and longevity [1] Group 2: Investment Strategy and Market Role - Insurance capital adopts a value investment approach, focusing on in-depth fundamental research to invest in industries and companies with genuine growth potential [2] - Insurance capital acts as a "stabilizer" and "ballast" in the capital market, with the ability and willingness to invest counter-cyclically during market panic, which helps stabilize market sentiment and smooth investment returns [2] Group 3: Current Market Context and Future Directions - The evolving landscape of the domestic economy, industry upgrades, and regulatory changes presents new opportunities and challenges for the utilization of insurance capital [2] - To implement the "long money and long investment" philosophy, insurance capital must proactively adapt its asset allocation to capture emerging investment opportunities and enhance equity asset allocation capabilities [2]