“十四五”保险业实现规模质量双提升 减震器稳定器功能凸显

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 has achieved a dual increase in scale and quality, with total insurance premium income reaching 5.70 trillion yuan in 2024, a 26% increase from 2020 [2] - By mid-2025, the total assets of the insurance industry are expected to exceed 40 trillion yuan, marking a 72% increase from the end of 2020 [2] - The insurance industry has accumulated reserves of 11 trillion yuan for commercial pension and health insurance [1][4] Group 2: Regulatory Reforms and Innovations - Various reforms have been implemented to address deep-seated issues in the industry, including comprehensive reforms in auto insurance and personal marketing systems [3] - The introduction of the second phase of the solvency regime has improved risk management capabilities among insurance companies, with a solvency adequacy ratio of 204.5% reported by mid-2025 [2] Group 3: Social and Economic Contributions - The insurance industry has paid out 9 trillion yuan in claims during the "14th Five-Year Plan," a 61.7% increase compared to the previous five-year period [4] - Agricultural insurance has provided risk coverage for 800 million households, significantly enhancing social security [4] - The industry has expanded its coverage in export credit insurance, providing risk protection of 4.4 trillion USD, a 52% increase from the previous period [4] Group 4: Investment Strategies - Insurance funds have invested over 5.4 trillion yuan in stocks and equity funds, an 85% increase from the end of the "13th Five-Year Plan" [7] - The industry is focusing on directing substantial investment towards national strategic needs and economic development, supporting major projects and infrastructure [7] Group 5: Future Outlook - The insurance industry is expected to continue its transformation, enhancing its long-term operational capabilities and shifting from scale expansion to value creation [7]