Core Insights - The insurance industry in China has shown significant growth during the "14th Five-Year Plan" period, with a focus on enhancing social welfare and supporting the real economy [1][2][4] Group 1: Industry Growth and Performance - The insurance sector's premium income reached 5.70 trillion yuan in 2024, a 26% increase from 2020 [2] - By mid-2025, the total assets of the insurance industry surpassed 40 trillion yuan, marking a 72% increase since the end of 2020 [2] - Insurance funds invested in stocks and equity funds exceeded 5.4 trillion yuan, an 85% increase from the end of the "13th Five-Year Plan" [7] Group 2: Regulatory and Structural Reforms - Various reforms have been implemented, including comprehensive car insurance reform and personal marketing system reform, aimed at addressing deep-rooted issues in the industry [3] - The introduction of the second phase of the solvency regime has improved risk management capabilities among insurance companies, with solvency adequacy ratios reaching 204.5% by mid-2025 [2][4] Group 3: Social and Economic Contributions - The insurance industry provided 9 trillion yuan in claims during the "14th Five-Year Plan," a 61.7% increase from the previous period [4] - Agricultural insurance has offered risk protection to 800 million households, enhancing social security for various demographics [4] - Export credit insurance coverage expanded significantly, providing risk protection of 4.4 trillion USD, a 52% increase from the "13th Five-Year Plan" [4] Group 4: Future Outlook - The insurance industry is expected to continue its transformation, focusing on value creation and enhancing long-term operational capabilities [8] - There is a commitment to channeling substantial investment into sectors aligned with national strategies and economic development needs [7]
减震器稳定器功能凸显 “十四五”保险业 实现规模质量双提升
Zhong Guo Zheng Quan Bao·2025-10-21 00:08