Insurance industry's "asset-driven liabilities" model facing liquidation
ANBOUND
In recent years, the insurance company "asset-driven debt" model is in the rise in China, and has become rather popular since 2015. The basic pattern of "asset-driven liabilities" is that large-scale cash flows made at the asset side through investment of high-yield products. Under the strengthening of financial supervision, insurance supervision needs for strong remediation. In this context, the "asset-driven liabilities" model, which has been radically expanded over the past few years, will be re-examined. Under the emphasis on risk management, with the development of some radical insurers, "asset-driven liabilities" pattern is likely to be discarded.