近日，百年人寿、珠江人寿两家保险公司发布公告称，不行使资本补充债的赎回选择权。中小险企的资本补充难题再一次摆上台面。
Recently, Centennial Life Insurance and Pearl River Life Insurance, two insurance companies, announced that they would not exercise the redemption option for capital replenishment bonds. This move once again highlights the capital supplementation challenges faced by small and medium-sized insurance companies.
百年人寿、珠江人寿都是行业里公认的问题险企，两家机构均已多时未发布偿付能力等信息披露报告。在此之前，同样选择不赎回的险企还有天安人寿、天安财险、长安保险和幸福人寿，均是经营不佳、偿付能力弱的险企。
Century Life and Pearl River Life are both widely recognized as problematic insurers in the industry, with neither company having released solvency and other disclosure reports for quite some time. Prior to this, Tianan Life, Tianan Property Insurance, Changan Insurance, and Happiness Life—all insurers known for poor management and weak solvency—also chose not to redeem their policies.
根据业内统计，保险资本补充债预计于2025年面临较大的赎回压力。目前3600亿元的保险资本补充债中，有200多亿元来自问题险企。类似百年人寿、珠江人寿这样的不赎回选择，未来是否会越来越多？这对行业又会产生哪些影响？
According to industry statistics, insurance capital supplementary bonds are expected to face significant redemption pressure by 2025. Currently, out of the 360 billion yuan in insurance capital supplementary bonds, more than 20 billion yuan come from troubled insurance companies. Will choices like those made by Century Life Insurance and Pearl River Life Insurance, opting not to redeem, become more frequent in the future? What impact would this have on the industry?
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Caixin is acclaimed for its high-quality, investigative journalism. This section offers you a glimpse into Caixin’s flagship Chinese-language magazine, Caixin Weekly, via AI translation. The English translation may contain inaccuracies.
