可简化！可延期！财政部发文：非上市险企执行“新准则”，可进行四方面简化，自2026年1月1日起执行，若有困难可申请延期...

Core Viewpoint - The Ministry of Finance has issued a notice to further implement the new insurance contract accounting standards, requiring all insurance companies to comply by January 1, 2026, with provisions for non-listed companies to simplify the execution process [1][3][8]. Summary by Relevant Sections Implementation Timeline - All insurance companies must execute the new standards by 2026, with the option to apply for a deferral if difficulties arise [3][10]. - Non-listed insurance companies can simplify the execution of the new standards to reduce complexity and costs [4][14]. Simplification Measures - The simplification of the new standards involves four main areas: grouping and recognition of insurance contracts, measurement, reporting, and transitional provisions [12][16]. - Non-listed companies can adopt simplified rules, which is beneficial for smaller firms facing implementation pressures [14][15]. Specific Simplification Details - Simplifications include: 1. Simplified assessment of insurance contract profitability, allowing companies to use observable market variables and reliable experience data for evaluations [20]. 2. Adjustments to the timing of recognition for reinsurance contracts and simplified accounting treatment for contracts terminated during the same accounting year due to policyholder withdrawal [22][23]. 3. Reduced disclosure requirements for certain financial metrics, such as amounts repayable to policyholders and adjustments related to financial assets [25][27]. Transitional Provisions - The notice outlines simplified methods for reporting comparative information and adjustments during the initial application of the new standards [28].