The total bond issuance scale of insurance companies within the year has reached 36.6 billion yuan.

According to Jinshi Data on March 21, insurance companies have been continuously issuing bonds this year. Data shows that as of March 20, the total scale of capital supplement bonds and perpetual bonds issued by insurance companies reached 36.6 billion yuan. Experts interviewed indicated that the accelerated bond issuance by insurance companies is related to factors such as increased solvency requirements, a declining market interest rate environment, and the need for business expansion. In addition, some insurance companies engaging in “redeeming old and issuing new” has also pushed up the issuance scale of capital supplement bonds and perpetual bonds. In the future, it is expected that the demand for capital supplementation by insurance companies will remain high, and more insurance companies will attempt new types of capital supplement instruments.