长周期考核引导险资稳健投资

Core Viewpoint - The Ministry of Finance has issued a notification to guide long-term stable investment by state-owned commercial insurance companies, emphasizing a combination of annual and multi-year performance indicators for evaluating their operational effectiveness [1][2]. Group 1: Policy Changes - The performance evaluation indicators for state-owned commercial insurance companies have been adjusted to include a combination of annual indicators and multi-year indicators (3-year and 5-year) [1][2]. - The new evaluation method aims to mitigate the impact of short-term market fluctuations on performance, thereby enhancing the stability of long-term investment behaviors [1][2]. Group 2: Industry Perspective - The notification reflects a strategic direction from policymakers for the insurance industry to focus on high-quality development and long-term stable operations, which will help the industry serve as an economic stabilizer [3]. - The introduction of long-cycle assessments is expected to reduce the pressure of short-term performance evaluations, allowing insurance companies to adhere more firmly to long-term and value investment principles [3]. - This change is anticipated to improve the design and service of insurance products, enhancing customer satisfaction and promoting high-quality development within the insurance sector [3].