保险业处于重要战略机遇期需破解供需错配难题

Core Insights - The insurance industry is experiencing a strategic opportunity period driven by macroeconomic factors, demographic changes, and technological advancements, leading to increased demand for insurance products related to retirement, health, and long-term care [1][2] - The industry is currently at a critical transformation stage, facing challenges such as mismatches between supply and demand, necessitating a shift from risk compensation to comprehensive management tools for quality of life and wealth management [1][3] Industry Transformation - The insurance sector is undergoing a deep transformation aimed at high-quality development, with significant strategic opportunities, although challenges remain [1][2] - The Chinese insurance market is at a turning point, with premium income elasticity peaking around a per capita GDP of approximately $10,000, while China's current per capita GDP is about $13,500, indicating ongoing strategic opportunities [2] Consumer Demand Changes - Consumer preferences for risk management have evolved, but the insurance industry has not adequately adjusted its supply to meet these changing demands, resulting in four major mismatches: personalized needs vs. standardized supply, adequate health coverage vs. low coverage, cross-cycle wealth needs vs. short-term supply, and diverse retirement needs vs. weak collaborative supply [3] - Consumers are now focusing on a holistic experience that includes both products and services, prompting insurance companies to upgrade from a single economic compensation mechanism to a comprehensive risk management system [3] High-Quality Development Path - The insurance industry should commit to a high-quality development path, emphasizing compliance management, liability structure transformation, innovation in floating income products, enhanced customer service capabilities, and the construction of a full lifecycle service ecosystem [4] - Insurance companies are encouraged to focus on family needs, providing products that address healthcare, retirement planning, wealth preservation, and inheritance [4]