升息期間健保股最佳

mikeon88 2023-3-20 9:17

升息期間健保股最佳

終於知道原因了，

因為一旦被擠兌時銀行受創最重，保險公司較弱。

升息對大小銀行和保險公司衝擊都一樣，

利多：利差擴大利於本業收入成長

利空：債券投資虧損，但持有到期其間價格波動不計入損益

差別在於一旦發生擠兌銀行受創最重，保險公司較弱。

銀行擠兌存戶僅損失利息，拿回完整本金，損失不大致擠兌力度最強，

保單解約則保戶需自承所有價差與利息損失，會再三考量是否解約，

所以升息期間股價表現健保股最佳，其次為保險股，銀行最弱。

Both large and small banks, as well as insurance companies, are equally affected by rising interest rates.

Upsides: An increase in interest rate spread benefits the growth of their core business revenue.

Downsides: Bond investment losses may occur, but price fluctuations during the holding period are not factored into the income statement.

The key difference is that banks are more vulnerable to damage during runs than insurance companies. During a bank run, depositors only lose interest and can withdraw their entire principal with relatively small losses, resulting in the strongest force of the run. On the other hand, in the event of policy cancellation, policyholders bear all price differentials and interest losses and will carefully consider whether to do so. Therefore, health insurance stocks perform best during periods of rising interest rates, followed by insurance stocks, while banks are the weakest.

mikeon88發表於 2022-10-13 12:48 

升息期間健保股最佳，其次為保險股，銀行最弱