金融监管总局发文推动行业规范使用第四套生命表

Core Viewpoint - The Financial Regulatory Administration has issued a notification to standardize the use of the "China Life Insurance Experience Life Table (2025)" in the life insurance industry, emphasizing the importance of actuarial science in risk management and consumer protection [1][2]. Group 1: Life Table Significance - The life table is a crucial tool for pricing insurance products, evaluating reserves, and managing risks, providing mortality rates segmented by business, age, and gender [1]. - The fourth life table is part of a series that began in 1996, with updates in 2005 and 2016 to reflect changes in population structure and mortality trends [1]. Group 2: Regulatory Requirements - The notification mandates insurance companies to use the life table prudently when determining mortality rates based on product characteristics [1]. - It also regulates the use of the life table in statutory reserve assessments and the distribution of dividends in participating insurance policies [2]. - Insurance companies are required to establish robust internal decision-making mechanisms for actuarial management and implement traceable and measurable retrospective mechanisms [2].