Listed insurance companies' equity asset allocation. Focus on both dividends and growth simultaneously.

Recently, the semi-annual performance of the five largest listed insurance companies in A-shares has been released. From the investment perspective, the investment assets of various insurance companies have all grown compared to the beginning of the year. Among the increased investment assets, equity assets are an important component. Several insurance company management teams have indicated that in a low interest rate environment, fixed income assets, which play a stabilizing role in insurance investment portfolios, are under pressure, leading to a decrease in net investment yield for some listed insurance companies. In this context, exploring diverse assets, increasing allocation to equity assets, especially high dividend assets, has become an important part of the asset allocation strategy for listed insurance companies. In addition, insurance companies also focus on identifying growth targets to capture excess returns.