面对严峻的台风形势，金融监管总局财险司向各地方金融监管局、财产险公司下发《关于切实做好"桦 加沙"台风灾害应对和保险理赔服务工作的通知》（下称《通知》），要求行业加强监测预警，强化应 对准备，畅通理赔通道。 各大保险机构闻"风"而动，第一时间启动大灾应急响应机制，集结理赔、承保、客服等多部门，多措并 举筑牢安全堤坝。截至9月25日10时，广东金融监管局辖内保险业累计接到报案1.14万件，估损金额2.29 亿元，已支付保险赔款2125.88万元。 保险机构迅疾行动 台风过境，往往会给人民群众的生命财产安全造成严重威胁。作为经济减震器和社会稳定器，保险业在 抗击自然灾害中一直发挥着不可替代的作用。 在应急准备方面，《通知》明确，要用好风险隐患排查成果，做好风险识别评估和动态分析；科学合理 调配查勘救援车辆、理赔工作人员和大额赔付资金等各项资源，做好应急保障工作，确保遇有突发险 情、灾情能迅速有力应对处置；强化行业内部协同，共享救灾资源，充分运用大灾车辆损失查勘互认等 机制，有效发挥保险业的经济减震器和社会稳定器功能。 在理赔服务方面，《通知》要求，要密切跟踪台风灾情进展，提前储备查勘工具，加大应急资源调配， 畅通 ...

Core Viewpoint - The launch of the "Insurance + Futures" income insurance project for Yantai apples marks a new phase in utilizing financial tools to address market and natural risks in the apple industry [1][3]. Group 1: Project Overview - The project was initiated by Guoxin Futures and underwritten by PICC Yantai, with participation from over 50 representatives from local agricultural departments, financial institutions, and growers [1]. - The income insurance introduced this year provides dual protection against price fluctuations and yield losses due to disasters, enhancing the financial security of apple growers [3]. Group 2: Financial Impact - In 2024, the project provided approximately 330 million yuan in price risk protection, covering an area of 23,000 acres, with total compensation reaching 12.44 million yuan, effectively filling the income gap for farmers [3]. - Guoxin Futures has implemented over 150 "Insurance + Futures" projects across more than 20 provinces since 2017, with a total project amount exceeding 5 billion yuan, benefiting over 100,000 farmers [5]. Group 3: Innovation and Future Development - The project represents an upgrade from traditional price insurance to income insurance, addressing both price volatility and yield loss, thus supporting the high-quality development of the apple industry [5][6]. - Guoxin Futures is continuously innovating the "Insurance + Futures" model, exploring combinations with weather indices, contract farming, and basis purchasing to enhance agricultural risk management [5][6]. Group 4: Stakeholder Engagement - Representatives from various futures companies shared market analysis and operational experiences, emphasizing the project's positive impact on regional agricultural resilience and farmer income [6]. - Growers expressed their recognition of the "Insurance + Futures" model in effectively reducing operational risks and provided suggestions for optimization [6].

"我们通过'政府引导、企业承保、社会参与'的创新模式，实现商业保险与社会公益相结合，进一步放 大了保障效能，推动罕见病'能筛查可诊断、能用药可治疗、能保障可负担'，为全国罕见病多层次保障 体系建设提供可复制、可推广的经验。"首都机场临空经济区管委会贸易发展处二级调研员刘斌表示。 编辑 张磊 市民可微信搜索"母婴罕见病综合保障平台"了解"罕宝守护"保险产品详情。"好孕心连新"保险产品可微 信搜索"北京市婚姻家庭辅导服务平台"进一步了解。 今年6月，北京市医保局已将天竺综保区罕见病药品保障先行区5款海外特药纳入北京普惠健康保，本次 公益保险的发布进一步拓展了保障范围，增强了保障体系的衔接性与普惠性。 新京报讯 据"北京顺义"微信公众号消息，9月24日，北京罕见病药品保障先行区联席机制第四次工作会 在首都机场临空经济区管委会召开。会上公布了两款罕见病公益保险产品，这是全国首次以公益赠险形 式为新生儿提供"第一份健康保障"，标志着北京在构建罕见病多层次保障体系方面取得了又一项新的突 破。 依托天竺综保区罕见病药品保障先行区已获批的罕见病临床急需药品，首都机场临空经济区管委会携手 人保财险北京分公司和北京人寿创新开发了 ...

Core Viewpoint - The impact of Typhoon "Haikaisar" has led to nearly 300 insurance claims reported by PICC in Guangdong, Shenzhen, and Fujian, with compensation amounting to nearly 1 million yuan, prioritizing claims for auto, agricultural, and household insurance [1][2]. Group 1 - The center of Typhoon "Haikaisar" made landfall in Guangdong on September 24, prompting PICC to enter a state of readiness and implement emergency response measures for disaster relief [1]. - PICC's branches in Guangdong, Shenzhen, Hainan, Xiamen, Hunan, Jiangxi, and Jiangsu initiated cross-regional collaboration and emergency mechanisms, conducting risk assessments for nearly 8,000 clients and providing risk prevention services over 8,700 times [1]. - The company strengthened coordination with local emergency and meteorological departments, actively participating in local disaster response systems to form a comprehensive disaster prevention and relief service network [1]. Group 2 - In coastal Guangdong, multiple cities have activated a "five stoppages" emergency response (suspension of classes, work, production, transportation, and business) [2]. - PICC's Shenzhen branch utilized technology to expedite the claims process, completing the first auto insurance claim in just 8 minutes through an online damage assessment system [2]. - The company implemented "contactless" technology-driven claims services, including the use of over 1,100 water level monitoring devices for real-time flood data and smart tools for vehicle relocation alerts [2].

Core Viewpoint - The company actively participated in the "Financial Education Promotion Week" to enhance financial knowledge and fraud prevention awareness among the public, focusing on the theme "Protecting Financial Rights to Support a Better Life" [1] Group 1: Workplace Promotion - The company established the workplace as the main venue for financial consumer protection promotion, displaying posters and brochures on key topics such as telecom fraud prevention and insurance consumer rights [3] - One-on-one explanations were provided to clients to guide them in rationally selecting insurance products, thereby strengthening the financial safety net [3] Group 2: Market Engagement - The company collaborated with the life insurance division to conduct outreach at local markets, using banners and brochures to educate the public on identifying false insurance promotions and protecting personal information [4] - Special attention was given to vulnerable groups, such as the elderly and merchants, through personalized communication to help them avoid financial pitfalls [4] Group 3: Community Outreach - The company organized teams to visit rural areas, integrating financial consumer protection education with agricultural insurance services [6] - Farmers were informed about insurance claim processes and how to prevent financial fraud in agriculture, addressing their specific questions and concerns [4][6] Group 4: Overall Impact - The financial education activities effectively filled the gap in financial knowledge dissemination in rural areas, enhancing the public's financial literacy and risk awareness [6] - The company plans to continue integrating financial education with daily services, exploring more grassroots-oriented promotional methods to contribute to a safe financial environment and local economic development [6]

【案例】 今年1月7日9时5分，西藏日喀则市定日县发生6.8级地震。据西藏自治区官方发布信息，此次地震导致当地 27248户房屋受损、3612户房屋倒塌。 灾情发生后，保险公司立即开展理赔工作。人保财险重点提高农房保险等民生类险种的理赔服务效率，采 取"边公示、边理赔"的方式，压缩理赔环节。同时，结合农房灾损情况和损失特征，使用卫星遥感高分辨率照片 对农房重损区域进行灾损分析，确保农房理赔高效精准。截至1月15日24时，人保财险已向此次地震灾区支付农房 保险赔款近亿元。 不久前，日喀则市多个县的首批受灾群众已经正式搬入新居，迎来了新生活。 遭遇地震、洪水等自然灾害，房屋受损往往让农民面临重建困境。而政策性农村住房保险则充分发挥财政保 费补贴的引导作用及保险经济补偿功能，帮助受灾农户重建家园。 早在2012年，民政部、财政部和原保监会联合印发的《关于进一步探索推进农村住房保险工作的通知》提 出，按照政府引导、市场运作、自主自愿、协同推进的原则探索推进农村住房保险；在农户自主自愿的前提下， 逐步扩大农村住房保险的覆盖面，不断提高农村住房风险保障水平。 农房保险可以赔付哪些风险？ 以广东省地方金融管理局、广东省财政 ...

Core Viewpoint - The development of high-standard farmland is crucial for enhancing national food security and agricultural productivity, with insurance playing a significant role in supporting this initiative [2][4]. Group 1: High-Standard Farmland Development - The concept of high-standard farmland was first introduced in the 2005 Central Document No. 1, making it a key focus for local governments [2]. - Approximately 30% of high-standard farmland suffers from reduced effectiveness due to poor management and maintenance [2]. - The insurance products tailored for high-standard farmland cover potential defects in construction quality, maintenance costs, and damages from natural disasters, providing comprehensive protection for agricultural development [1][4]. Group 2: Insurance and Risk Management - The "insurance + service" model has emerged as a mainstream approach to address the complexities and risks associated with high-standard farmland construction and maintenance [3]. - Insurance companies are encouraged to organize professional oversight for design, construction, and supervision to mitigate engineering quality risks [2]. - The integration of technology, such as drone surveillance and AI for risk identification, enhances the efficiency of farmland management and maintenance [3][4]. Group 3: Financial Support and Impact - As of December 2024, insurance products related to high-standard farmland have been promoted across 31 provinces, with total compensation payments exceeding 1.35 billion yuan [1]. - High-standard farmland insurance fills a critical gap in risk management throughout the entire lifecycle of farmland development, transitioning from passive compensation to proactive risk prevention [4]. - This insurance not only boosts farmers' confidence but also supports the strategic goals of food security and agricultural modernization, contributing to rural revitalization [4].

Core Viewpoint - The comprehensive claim ratio of short-term health insurance in the industry is low, with a median of 42.12% and an average of 45%, indicating insufficient consumer protection and trust in insurance companies [1][3][4]. Summary by Sections Comprehensive Claim Ratio - The comprehensive claim ratio is a crucial indicator of insurance product protection, with a higher value indicating more payouts to consumers [4]. - The current ratio of around 45% is considered low, with industry professionals suggesting a more reasonable range of 50%-70% for better consumer experience and sustainable operations [4][11]. Trends Over Time - From 2023 to the first half of 2025, the median claim ratio for life insurance companies increased from 38.83% to 42.12%, while for property insurance companies, it rose from 38.70% to 42.30% [6]. - Among the insurers reporting data, 11 had negative claim ratios, and 9 exceeded 100%, with 44 companies falling between 0%-40% and 33 between 40%-60% [6]. Company Performance - Major insurers like China Life, Ping An Health, and others have claim ratios above 50%, while companies like Zhong An Insurance and Tai Kang Online have significantly lower ratios [11]. - The disparity in claim ratios among companies is influenced by their product focus, with those offering broader coverage typically having higher ratios [14]. Cost Structure and Profitability - Low claim ratios do not necessarily equate to high profits for insurance companies, as high operational costs can offset potential gains [13]. - The competitive landscape for acquiring customers, especially through digital channels, has led to increased costs, impacting claim ratios [13]. Market Dynamics - The importance of commercial health insurance is growing, especially with reforms in payment methods that open new opportunities for development [16]. - The current short-term health insurance products primarily cover out-of-pocket expenses after basic insurance reimbursements, often with high deductibles [16]. Future Outlook - There is a recognized need to improve the claim ratio by at least 20 percentage points to enhance consumer satisfaction and trust [16]. - Strategies to increase consumer engagement and expand coverage are being explored, including targeting sub-healthy and sick populations [18][19]. - Government initiatives to support group health insurance purchases may provide a significant boost to the commercial health insurance market [20].

长沙晚报掌上长沙9月23日讯（通讯员 匡林垚） 9月18日，人保财险长沙市分公司在烈士公园开展"保障金融权益 助力美好生活"健步走活动，共同为提升公众金融素养、维护金融消费者权益贡献力量。 活动当天，秋高气爽，湖风轻拂，为整个活动增添了愉悦的氛围。活动采用"健步打卡+消保护航"的双轨模式，在 健步路线中精心设置了三处打卡点，工作人员在每个打卡点向过往市民朋友以及晨练的老年朋友发放宣传折页， 普及各类金融基础知识，揭示非法金融中介活动常见手段，帮助市民朋友明辨风险，提升风险防范能力。针对老 年朋友，工作人员提醒他们要保护好个人信息和财产安全，注意防范电信网络诈骗。为增加活动的趣味性，每个 打卡点还设置了消保知识闯关答题等互动活动，将金融知识巧妙地融入自然场景之中，让参与者在享受徒步乐趣 的同时，也能轻松学习到实用的金融知识。 此次"保障金融权益 助力美好生活"健步走活动，不仅是一次金融知识的普及之旅，更是人保财险长沙市分公司与 公众互动交流的重要平台。通过创新的活动形式和内容，公司成功地将金融知识送到了群众身边，为构建和谐、 稳定的金融环境贡献了积极力量。未来，人保财险长沙市分公司将继续秉持以人民为中心的发展思 ...

Investment Rating - The report maintains an "Outperform" rating for the non-bank financial sector [5] Core Insights - The phenomenon of "deposit migration" has become a new consensus in the market, serving as a core engine for the current capital market rally since the 924 anniversary [2][14] - The report emphasizes the significant impact of low deposit interest rates and the emergence of various risk assets, which have led to a notable shift in residents' wealth allocation [2][14] - The analysis framework constructed in the report focuses on the relationship between changes in residents' wealth behavior, the acceptance of asset management products, and the impact on asset prices [14][21] Summary by Sections 1. Changes in Resident Wealth - The aging population is leading to a more balanced asset allocation approach, with a less aggressive risk appetite compared to previous cycles [3][19] - Wealth concentration is increasing, with high-net-worth individuals having more information and product advantages, driving a stronger demand for long-term wealth preservation [3][37] - The trend of wealth allocation through asset management products is emerging, with a shift from direct leverage in bull markets to participation via public funds and private asset management [3][48] 2. Asset Management Products - The decline in risk-free interest rates is prompting asset management institutions to explore diversified investment strategies, including "fixed income plus" solutions [3][54] - Various asset management products are being developed to meet the differentiated risk-return profiles of investors, such as ETFs, FOFs, and multi-asset bank wealth management products [3][64][63] 3. Changes in Asset Prices - The rapid expansion of asset management products is expected to significantly influence the pricing mechanisms of assets, enhancing market efficiency and liquidity [4][12] - The influx of long-term, low-volatility capital into the market is likely to create a more balanced market style and provide more room for product innovation [4][12]