A 3-month thorough and careful checkup aiming at various insurance companies and insurance assets management companies has already begun. The CRIC has delivered Announcement of Field Inspection to Insurance Assets Management in 2008 yesterday. According to this, the CRIC plans to inspect both insurance companies and insurance assets management companes from August to November.

 

According to the arrangements of the CRIC, this time inspection will be focused on risk management and rules execution, requiring each relevant departments report their self-checks on risks of foreign exchange assets before Aug 25^th and of insurance assets before Aug 31^st.

 

On the disposal of insurance bankroll rights and benefits assets, the CRIC requires all relevant departments analyze accurate current situations of equity investment to interpret their own investment incomes (financially and comprehensively), the risks and the influences on company operation. Specifics include, firstly, classified calculating by assets the stock investment balances, proportions and the earnings, and the balance of large scale blue chips, proportion and benefit, the first ten essential equity portfolio balances and proportion, showing each stock's balance and proportion and the features of their industry; secondly, requiring companies to interpret new stock investment strategies and benefit in 2007 and the first 6-month of this year; thirdly, illustrating the balance and proportion of restricted stocks, making comparison in detail between the current stock price and the issue price, including additional stock issue and off-line allotment; besides, making clear the balances and proportions of sold stocks which are not suit for insurance organization to invest, for some reasons such as the changing of companies, and formulating related measures; moreover, finding out the balance, proportions and incomes of capital investment, respectively illustrating the states of the currency funds, bond funds, equity funds and hybrid funds, and the selection criteria of capital funds; lastly, illustrating the conventional proportion of investment stocks and funds made by insurance products, such as pidend insurance, universal insurance and invest-linked insurance, together with the actual investment performance and the analysis of potential risk.