新一轮保险预定利率下调“箭在弦上”

Core Viewpoint - The insurance industry is preparing for a significant adjustment in the predetermined interest rates of various insurance products, particularly focusing on the shift towards dividend insurance products as traditional fixed-income products see a decline in their guaranteed rates [1][2][3]. Group 1: Predetermined Interest Rate Adjustments - Multiple insurance companies are developing new products and preparing for a transition in predetermined interest rates, with a planned adjustment set for September [1]. - The main traditional fixed-income insurance products' predetermined interest rate will decrease from 2.5% to 2%, while the guaranteed rate for dividend insurance will drop from 2.0% to 1.5% [1][2]. - The adjustment will also affect universal account rates and may lead to an increase in prices for critical illness insurance and other protection-type products [1][2]. Group 2: Market Trends and Product Development - The trend of lowering the guaranteed rate for dividend insurance to 1.5% is expected to become widespread among insurance companies in the coming months [2]. - The insurance industry is anticipating a wave of product withdrawals as companies prepare for the upcoming rate adjustments, with some products already marked for delisting [2][3]. - The insurance product pricing is influenced by the predetermined interest rate, which is tied to bank deposit rates and expected investment returns, making it a critical factor in the industry [2]. Group 3: Financial Stability and Strategic Shifts - The recent decline in the predetermined interest rate research value indicates a need for insurance companies to lower policy liability costs to maintain asset-liability matching [3]. - Lowering the predetermined interest rates is seen as a strategy to mitigate interest margin loss risks and enhance financial stability for insurance companies [3]. - The focus on developing floating yield products, such as dividend insurance, is expected to help insurance companies navigate low-interest environments and achieve long-term operational stability [3][4]. Group 4: Challenges and Considerations - The success of dividend insurance products, despite lower guaranteed rates, relies heavily on the company's ability to deliver on dividend realization rates and maintain market confidence [4]. - Insurance companies must balance dividend policies, reserve accounts, and competitive positioning while addressing sales capabilities and consumer acceptance [4].