The life insurance industry this year (2022) is generally miserable in stock and bond investment, but Fubon Financial (2881-TW) held a law conference today (25th), and the core subsidiary Fubon Life Insurance has maintained good investment performance in the first three quarters, earning 62 billion yuan from stocks and bonds alone; and currently has as much as 231.8 billion yuan in cash, plus this year The stock market has fallen so much, and the investment value has emerged, which is helpful for investment deployment.
Although the global stock market has fluctuated sharply this year, Fubon Life realized a capital gain of 59.3 billion yuan in the first three quarters, although it was 13 billion yuan less than last year, but it was still the second highest in history; and the capital gain of bonds was 2.744 billion yuan, which was also less than the same period last year. 28.7 billion yuan; but overall, the total profit in stocks and bonds is 62 billion yuan, and the capital gains in both the stock market and the bond market rank first in the overall announced life insurance industry.
In terms of return on investment, Taiwan stocks have a return rate of 18.17%, foreign stocks have 12.18%, foreign debt investment return rate is 4%, and domestic bond return rate is 1.69%. The rate of return is 5.55%.
Looking forward to the investment strategy for next year, Bao Hualing, head of investment at Fubon Life Insurance, said that this year, due to the sharp fluctuations in the stock and bond markets, there has been a considerable reduction in the stock position, especially in the stock position. Therefore, the current cash in hand is as high as 231.8 billion yuan, and he is optimistic regarding companies listed on the market next year. The destocking has a chance to come to an end and become normalized. The value of stock investment has emerged. We are cautiously optimistic regarding the stock market and will choose an opportunity to increase the price depending on the market situation.
Han Weiting, general manager of Fubon Gold, also said that although central banks around the world have generally raised interest rates, Japan and mainland China have not adopted tightening strategies, and the tightening of currencies in European and American countries has also tended to ease. This year, so many interest rates have been raised, and the impact on the economy needs to be observed. However, it is expected that the volatility of the financial market next year should not be as large as this year, especially this year, the stock market has fallen so much, it is already relatively cheap, so I am cautiously optimistic regarding next year.