金融监管总局：提高保险资金投资股市比例

Core Viewpoint - The recent notification from the National Financial Supervision Administration aims to optimize the asset allocation of insurance funds, enhancing their role in supporting the real economy and promoting the development of strategic emerging industries [2][3]. Summary by Sections Adjustment of Equity Asset Allocation - The upper limit for equity asset allocation has been raised, simplifying the tiered standards and increasing the equity asset ratio corresponding to certain solvency adequacy levels by 5%, thereby expanding the investment space for equity and providing more equity capital for the real economy [2][3]. Encouragement of Investment in Venture Capital Funds - The notification emphasizes increasing the concentration ratio for investments in venture capital funds, guiding insurance funds to intensify their equity investments in national strategic emerging industries, thus effectively serving the new quality productivity [2][3]. Relaxation of Tax-Deferred Pension Ratio Regulations - The regulatory requirements for tax-deferred pension ratios have been relaxed, clarifying that the investment ratio for ordinary accounts of tax-deferred pension insurance will no longer be calculated separately, which supports the high-quality development of the third pillar of pension insurance [2][3].