引导险企加强保险业资产负债管理 金融监管总局拟设立多项监管指标

Core Viewpoint - The National Financial Regulatory Administration has released a draft for public consultation on the "Insurance Company Asset-Liability Management Measures," aimed at enhancing asset-liability management capabilities and regulatory oversight in the insurance industry [1][2]. Group 1: Regulatory Context - Effective asset-liability management is fundamental for the sustainable operation of insurance institutions, with significant changes in both external and internal conditions necessitating new requirements for asset-liability management [1]. - The 2024 State Council document emphasizes the need for strengthened asset-liability linkage regulation, which the draft measures aim to implement [1]. Group 2: Key Contents of the Draft Measures - The draft consists of 5 chapters and 51 articles, focusing on clarifying asset-liability management goals and principles, establishing governance structures, and defining policies and procedures [3]. - Insurance companies are required to take primary responsibility for asset-liability management, adhering to principles of comprehensive coverage, reasonable matching, prudent stability, and coordinated planning [3]. - The governance structure mandates that the board of directors holds ultimate responsibility, with senior management leading and various departments collaborating [3]. - Insurance companies must develop asset-liability management plans that integrate business planning, product development, pricing, and investment strategies, including conducting stress tests and regular reporting [3]. - New regulatory and monitoring indicators will be established, with thresholds defined and differentiated warning zones set for risk alerts [2][3]. - Enhanced supervision will include requirements for information reporting, third-party audits, and capability assessments, with regulatory actions possible based on circumstances [3].