赵宇龙：商业保险在发展养老金融方面具备三方面的独特优势

Core Viewpoint - The forum highlighted the unique advantages of commercial insurance in developing pension finance, emphasizing its role in addressing longevity risk, long-term fund management, and product diversification [3][4][6]. Group 1: Advantages of Commercial Insurance - Longevity Risk Management: Commercial annuities effectively transfer longevity risk through actuarial techniques and a large pool of insured individuals, allowing for lifelong payouts and addressing insufficient pension savings [4][10]. - Long-term Fund Management: Insurance funds are stable and patient capital, with extensive experience in managing long-term asset-liability matching and risk control, which is essential for the capital-intensive and long-cycle nature of the pension industry [4][10]. - Product Diversification: The evolution of pension services towards home, community, and institutional care has led to a more refined and diverse demand for products, including various types of insurance that cater to different demographics and needs [5][11]. Group 2: Regulatory Support and Industry Development - Regulatory Focus: The National Financial Regulatory Administration is actively supporting the development of commercial pension insurance, with initiatives like the launch of dedicated commercial pension insurance trials in 2021 and their normalization in 2023 [6][12]. - Product Availability: Over 120 personal pension products are currently available in the market, reflecting the industry's response to the growing demand for pension solutions [6][12]. - Financial Contributions: By the "14th Five-Year Plan" period, the accumulated reserves for commercial pension and health insurance reached 11 trillion yuan, with significant payouts for health-related claims and the establishment of 130 pension community projects [6][12].