加强险企资产负债管理

Core Viewpoint - The Financial Regulatory Bureau has developed the "Measures for Asset-Liability Management of Insurance Companies (Draft for Comments)" to enhance asset-liability management capabilities and strengthen regulatory oversight in the insurance industry, with public consultation starting on December 19, 2025 [1] Group 1: Objectives and Principles - The draft measures aim to implement the spirit of the State Council's opinions on strengthening regulation, preventing risks, and promoting high-quality development in the insurance industry [1] - The measures set forth goals and principles for asset-liability management, standardizing governance systems, policies, and procedures [1] Group 2: Regulatory Framework - The draft specifies requirements for model systems and data management, establishes regulatory and monitoring indicators, and improves related regulatory measures [1] - The introduction of these measures is expected to guide insurance companies in adopting a prudent operational philosophy and strengthen the effective linkage between assets and liabilities [1] Group 3: Industry Impact - The measures aim to prevent asset-liability mismatch risks and maintain the healthy and sustainable development of the insurance industry [1] - Additionally, the draft encourages insurance companies to enhance their performance evaluation systems and extend the evaluation period of indicators to better serve the high-quality development of the real economy [1] Group 4: Next Steps - The Financial Regulatory Bureau will revise and finalize the measures based on public feedback and industry testing results before implementation [1]