[Asia Economy Reporter Oh Hyung-gil] Mirae Asset Life Insurance recorded the highest retirement pension yield among insurance companies.
According to the comparison of retirement pension operator yields for Q4 last year disclosed by the Life & Non-Life Insurance Association, Mirae Asset Life Insurance's 1-year DC type (Defined Contribution) yield was 5.06%, ranking first among 17 operators in the insurance sector.
The representative product is the performance-linked insurance product "MP Asset Allocation Securities Investment Type," launched in 2014. As of the end of the previous year, it achieved an excellent performance with a 1-year yield of 14.05% and a 3-year yield of 22.38%. In just over six years since its launch, it has raised about 100 billion KRW, with 1 in 2 Mirae Asset Life DC-type subscribers investing in this product, showing explosive popularity.
In particular, Mirae Asset Life's team of asset management experts rebalances domestic and international investment funds quarterly through the "Model Portfolio (MP)" to adapt to rapidly changing environments.
Through quantitative and qualitative analysis by the expert group, the optimal stock and bond investment ratios are determined, leading to stable asset management from a long-term perspective, reducing the asset management burden on subscribers. It has established itself as the optimal financial technology alternative for retirement pension subscribers who are dissatisfied with the interest rates of principal-guaranteed products under the low-interest rate trend and find investing difficult in a rapidly changing financial environment.
Jeon Soon-pyo, Head of Corporate Sales Division at Mirae Asset Life Insurance, said, "The success or failure of the 30 years of retirement in the 100-year era is determined by efficient retirement pension asset management," adding, "We hope many customers start a happy retirement plan through Mirae Asset Life's retirement pension, which reasonably invests in global quality assets centered on the MP Asset Allocation Securities Investment Type."
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