Small insurance firms compete on the new board of short-term financing is still obscure financial So-aizi

Small insurance firms compete on the new board of the short-term financing of thirst is still obscure – Sohu financing following more than 10 insurance intermediary institutions listed on the new board, alltrust insurance company, Zhongcheng two real sense also followed. In a sense, the "ice breaking" move behind, is the small and medium-sized insurance institutions financing pressure increasingly high real portraiture. And under the co catalysis of a variety of subjective and objective factors, small and medium insurance companies landing on the new third board will likely continue to lead to the effect of following the trend. Related stock movements, but if the small and medium insurance institutions hope to become the main channel of the new blood board, at least from the current point of view is not realistic. In the Listed Small and medium-sized insurance institutions (including insurance companies and insurance intermediary companies), the volume of transactions is not ideal, even the zero transaction record is not in the minority. This is not only related to the whole environment of the new third board market, but also means that the financing thirst of these small and medium-sized insurance institutions is still difficult to be solved in the short term. For the three new board listing features like the motivation threshold low, less cost, small and medium-sized insurance institutions will start the new board this financing channel into view. Review of information disclosure column from the National SME share transfer system show that at the beginning of 2016, and an insurance agency century insurance brokerage company disclosed public transfer instructions. At the same time, Zhongcheng Motors Insurance Corporation received the new board listed in the approved letter. Combing public information discovery, since 2014, as of now has more than 10 insurance intermediary institutions and 1 insurance companies Yongcheng landed three new board, in addition to a number of insurance intermediary institutions and 1 insurance companies will debut zhongcheng. According to the reporter, there are a number of small and medium-sized insurance companies are also brewing new three board listing plan. Analysis of the reasons behind the market, pointing to the continuous high financing pressure of small and medium-sized insurance institutions. Small and medium-sized life insurance company is facing in the abnormal product structure, increasing the cost of capital of the uplift pressure; and the financing needs of small and medium-sized insurance company mainly from improve capital strength, capital scale is often related to its ability to be retained, the greatest degree of high-quality business can improve the profit rate of profit model bearing poly; although relatively simple, but the insurance the intermediary institutions, there are also extended the strong demands of human expansion. Especially in the second generation solvency supervision system (subordinated two generation) background of 2016 started the implementation of the past, those in the business structure, risk management, asset and liability mismatch and other aspects are too extensive small and medium-sized insurance companies, 2016 financing pressure will increase. Predictably, in 2016, they will try their best to find ways to enrich their blood. On the road to continuously replenish capital, whether it is to lend money to shareholders or to issue bonds on the market, it is only a solution to worry. To solve the long and short term, the capital market is still all kinds of organizations including insurance companies, the ideal. However, in the face of the main board market "three consecutive years of profit" and other rigid threshold, forcing many small and medium-sized insurance institutions began to try to apply for landing three new board. Thirst hard can eliminate the lack of foresight however, three new board market liquidity, it seems more like insurance platform, hoping to pass"

中小险企争上新三板 融资之渴短期仍难解-搜狐理财   继10余家保险中介机构挂牌新三板后,永诚、众诚两家真正意义上的保险公司亦紧随而至。从某种意义上来说,“破冰”之举的背后,是中小规模保险机构融资压力日渐高企的真实写照。并且在多种主客观因素的共同催化下,中小保险企业登陆新三板很可能会持续引发跟风效应。  相关公司股票走势  但中小保险机构若寄希望于新三板成为“补血”主渠道,至少从目前来看不太现实。在已挂牌的中小保险机构(包括保险公司和保险中介公司)中,交易量不理想甚至零交易记录的不在少数。这与整个新三板市场的大环境不无关系,也意味着这些中小保险机构的融资之渴短期仍然难解。  争上新三板的动机  中意其挂牌门槛低、费用少等特点,中小保险机构开始将新三板这个融资渠道纳入了视野。  来自全国中小企业股份转让系统的审查信息公开一栏显示,2016年伊始,又一家保险中介机构世纪保险经纪公司披露了公开转让说明书。与此同时,众诚汽车保险公司则收到了在新三板挂牌的获批函。  梳理公开信息后发现,自2014年以来,截至目前已有10余家保险中介机构和1家保险公司永诚登陆了新三板,此外还有多家保险中介机构和1家保险公司众诚行将登场。而据记者了解,尚有多家中小保险公司也在酝酿新三板挂牌计划。  市场对于背后原因的分析,均指向中小保险机构持续高企的融资压力。中小寿险公司所面临的是在畸形产品结构下,日渐抬升的资金成本之压;而中小财险公司的融资需求主要来自于提升资本实力,资本规模往往关系到其能否将优质业务最大程度留存、能否提高承保利润率;盈利模式虽然相对简单,但保险中介机构同样存在扩展机构、扩充人力的强烈诉求。  尤其是在第二代偿付能力监管制度体系(“偿二代”)2016年正式开始实施的大背景下,那些过去在业务结构、风险管控、资产与负债错配等方面过于粗放的中小保险公司,2016年的融资压力将有增无减。可预见的是,2016年他们将尽其所能寻找“补血”渠道。  在需要不断补充资本的道路上,无论是伸手向股东要钱,还是去市场上发行相关债券,都只是解了近忧。如要解决远虑,资本市场仍然是包括保险公司在内的各类机构的理想之选。然而,面对主板市场“连续三年盈利”等硬性门槛,迫使不少中小保险机构开始尝试申请登陆新三板。  近渴难解 远虑可消  然而,缺乏市场流动性的新三板,目前看来更像是保险机构的展示平台,寄望于通过新三板融资的愿望,预计短期内仍然难以实现。  多家已挂牌新三板的保险机构,遭遇了交易量惨淡甚至零交易记录的尴尬。业内人士分析认为,保险机构在新三板面临的问题是共性问题,在整个新三板市场的大环境下,保险机构很难独善其身。  从官方的权威解读来看,2015年之所以有半数以上新三板挂牌公司无交易记录,主要有两大原因:一是公司股份改制未满一年,没有可流通股份;二是相当一部分挂牌公司股东人数少、公众化程度低,原股东出于稳定股权结构考虑缺乏交易意愿。  记者在采访中也从投行人士口中听到了另一番解读,“虽然对于挂牌新三板的中小保险机构来说,融资压力难以在短期内得以释放,但从中长期角度而言,一个新融资通道开闸的重要意义仍不可小觑。并且登陆新三板后,提升品牌效应、倒逼公司规范发展、完善治理能力的优势也是显而易见。而且相信随着挂牌的中小保险机构自身成长发展、公众化程度的提高,成交量逐步抬升将是大概率事件。”相关的主题文章: