In May China saw a sharp rise in the value of its registered insurance asset management products to over USD$15 billion.
In May the number of debt investment plans, equity investment plans and insurance privately offered funds registered with the Insurance Asset Management Association of China (IAMAC) totalled 41, for a year-on-year (YoY) rise of 115.79%.
Their registered value was 103.270 billion yuan (approx. USD$15.94 billion), for a YoY rise of 58.94%.
In the first five months of 2021 IAMAC registered 177 debt investment plans, equity investment plans and insurance privately offered funds, for a YoY rise of 48.74%. Their registered value was 362.027 billion yuan, for a YoY rise of 42.39%.
This included 171 debt investment plans (341.455 billion yuan), and 3 equity investment plans (4.07 billion yuan).
