Core Viewpoint - The recent notification from the National Financial Regulatory Administration indicates a continued effort to guide insurance funds into the stock market, potentially injecting 102.6 billion yuan into the CSI 300 index if the released minimum capital is fully invested [1] Group 1: Regulatory Changes - The policy aims to encourage long-term holdings in blue-chip stocks, high-dividend stocks, and growth stocks, providing regulatory support for insurance funds investing in the CSI 300 index, the CSI Dividend Low Volatility 100 index, and the STAR Market [1] - The highlight of the policy is the guidance for over one trillion U.S. dollars in insurance capital to engage in long-term holdings in the A-share market [1] Group 2: Market Impact - The adjustment is expected to enhance the capital efficiency of insurance funds investing in A-shares compared to H-shares [1] - China Ping An and China Life are anticipated to be the main beneficiaries of this policy [1] Group 3: Industry Outlook - The outlook for the insurance industry for the fiscal year 2026 remains optimistic, with expectations for a sustainable adjustment in asset allocation to drive industry valuation [1] - The sector is rated to "outperform the market," with recommendations to buy shares in China Ping An, China Life, China Pacific Insurance, and AIA Group [1]