今年险企补充资本金已超1140亿元

Core Viewpoint - The insurance industry is actively supplementing capital through various means, with a significant focus on issuing perpetual bonds and capital replenishment bonds, driven by regulatory changes and a low interest rate environment [1][2][3] Group 1: Capital Supplementation Activities - Tongfang Global Life Insurance Co., Ltd. successfully issued 500 million yuan of perpetual bonds with a coupon rate of 2.95% [1] - As of December 16, insurance companies have supplemented capital by approximately 114.4 billion yuan this year, with 94.67 billion yuan coming from bond issuances [1] - Major insurance companies like China Ping An Life Insurance Co., Ltd. and CITIC Prudential Life Insurance Co., Ltd. have been approved to issue a total of 33 billion yuan in capital replenishment bonds or perpetual bonds [2] Group 2: Trends and Analysis - The overall capital supplementation scale for insurance companies this year is slightly lower than last year but remains above 100 billion yuan [1] - The demand for capital supplementation is driven by the implementation of the "Solvency II" phase II rules, which strengthen capital recognition standards [1] - The issuance of perpetual bonds has become increasingly popular among large insurance companies due to their classification as core capital, which supports long-term solvency needs [2] Group 3: Future Outlook - The demand for capital supplementation in the insurance industry is expected to remain high through 2026, with continued active issuance of perpetual bonds [3] - The low interest rate environment is likely to encourage insurance companies to adopt a "refinance old debt with new debt" strategy, making diversified capital supplementation a mainstream approach [3]