1. Insurance funds can be invested for a long time.

2. Insurance funds usually have minimum income requirements. In life insurance liabilities, the traditional guaranteed products set a predetermined interest rate (the predetermined growth rate of liability reserve) in pricing, and the investment of insurance funds must exceed the predetermined interest rate set by product actuarial.

3. Insurance funds have strong interest rate sensitivity. Because most of life insurance funds are invested in fixed-income assets, they are very sensitive to changes in interest rates, especially fixed-income assets with long duration, which are more sensitive to interest rates. Small fluctuations in market interest rates will lead to great changes in asset values.