What do insurance companies do with asset management?

It can be done. Recently, it was reported from the China Insurance Regulatory Commission that insurance asset management companies can carry out business innovation, product innovation and organizational innovation under the premise of effectively controlling risks.

According to the Notice on Relevant Matters of Insurance Asset Management Companies recently issued (hereinafter referred to as the Notice), insurance asset management companies can be entrusted to manage the funds of pension, enterprise annuity, housing provident fund and other institutions, as well as the funds of qualified investors who can identify and bear corresponding risks. As a trustee, an insurance asset management company can accept the entrustment of customers, carry out asset management business in the name of the principal, or set up asset management products to carry out asset management business for the benefit of beneficiaries or for specific purposes; An insurance asset management company shall, when conducting asset management business, open securities accounts and capital accounts in the name of asset management products or special accounts for independent operation and management in accordance with relevant market rules.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.