13个精算师·2025-08-19 16:01Core Viewpoint - The article discusses the trends and changes in the insurance market, particularly focusing on the new universal insurance products launched in 2024, their settlement rates, and minimum guaranteed rates, highlighting the competitive landscape among major insurance companies [1][12]. Summary by Sections Universal Insurance Products - 210 new universal insurance products have been launched in 2024, with 70% of them having a settlement rate of at least 3% [1]. - Among these, 21 products have a settlement rate of 3.3%, while 73 products have a rate of 3.0% [1]. Settlement Rates and Stability - Major insurance companies, referred to as "old six," have maintained a stable settlement rate around 3% for their universal insurance products [1]. - The minimum guaranteed rate for universal insurance is crucial as it sets the lower limit for future settlement rates [1]. Changes in Guaranteed Rates - As of September, the guaranteed rates for various insurance products are set to decrease, with the maximum guaranteed rate for universal insurance dropping to 1.0% [12]. - This change is a response to the current market conditions, where the highest pricing for ordinary insurance products has been adjusted due to regulatory triggers [12]. Market Dynamics - The article notes an increase in activity among insurance agents as they promote the last opportunities to purchase products before the rate changes take effect [12]. - The competitive landscape is characterized by a focus on floating yield products, with universal insurance settlement rates being more transparent and directly observable [13].