新保险合同会计准则

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新会计准则落地在即 险企关注应对实施前“最后一公里”
Zhong Guo Jing Ying Bao· 2025-09-26 04:44
中经记者 樊红敏 北京报道 2025年,在金融行业锚定高质量发展、强化服务实体经济能力的战略背景下,保险公司正面临低利率冲 击、会计准则变革、严监管要求等多重考验,行业转型"破局"需求迫切。保险行业转型迫在眉睫,"破 局方向"成为行业关系的核心所在。 2020年12月,财政部修订印发新保险合同会计准则,规定自2023年1月1日起在境内外同时上市以及在境 外上市并采用国际财务报告准则或企业会计准则编制财务报表的企业执行,其他执行企业会计准则的企 业自2026年1月1日起执行。 围绕保险新会计准则实施后保险公司的实践处理这一核心议题,天职国际保险业主管合伙人任明洁表 示,行业正经历从实施到分析和管理的探索阶段,保险公司要稳步走好实施前的"最后一公里",从方 案、系统、内控等方面精细打磨,也要做好实施后新征程的规划,从考核、产品、资产负债管理等领域 逐项突破。天职国际财险精算合伙人蔡多多建议,企业在新准则技术方案设计中平衡成本与管理需求, 借助"1+N应用"一体化财务平台建设,以新准则实施为契机推动业财融合与财务数字化转型。 天职国际保险咨询主管合伙人周瑾分享了《保险公司全面风险管理调查报告》的核心发现,该报告基于 ...
金融观察员|幻方量化市场总监卷入1.18亿返佣案
Guan Cha Zhe Wang· 2025-08-11 07:04
Group 1 - The Ministry of Science and Technology and six other departments issued policies to encourage insurance funds to participate in major national scientific tasks and promote the development of technology insurance products and services [1] - The Supreme People's Court released 25 measures to support the development of the private economy, focusing on equal treatment, legal compliance, and timely payment of debts owed to private enterprises [1] Group 2 - The Ministry of Finance and the Financial Regulatory Administration jointly issued a notice to guide the implementation of new insurance contract accounting standards, which will apply to listed companies from January 1, 2023, and to other companies from 2026 [2] Group 3 - Huansheng Quantitative, a leading quantitative private equity firm, was involved in a 1.18 billion yuan rebate case, with the market director implicated in fraudulent activities [3] Group 4 - Donghai Securities was fined 60 million yuan for violations in its role as an independent financial advisor during a major asset restructuring project, with penalties also imposed on responsible individuals [5] Group 5 - Changshu Bank reported a net profit of 1.969 billion yuan for the first half of 2025, with total assets reaching 401.227 billion yuan and a non-performing loan ratio of 0.76% [6] Group 6 - Hainan Province is set to launch a cross-border asset management pilot project with an initial quota of 10 billion yuan, attracting banks to participate and promoting the internationalization of the renminbi [6] Group 7 - Changfeng Rural Commercial Bank was fined nearly 3 million yuan for multiple violations, with penalties imposed on 12 responsible individuals [7] Group 8 - Guizhou Daozhen Rural Commercial Bank was fined 1.26 million yuan for providing false statistical data and failing to manage risks properly [8]
两部门细化新保险合同会计准则的实施安排
Zheng Quan Ri Bao· 2025-08-08 07:25
Core Viewpoint - The Ministry of Finance and the Financial Regulatory Administration have jointly issued a notice to further implement the new insurance contract accounting standards, emphasizing the importance of these standards in mitigating major financial risks [1][2]. Implementation Arrangements - Companies listed both domestically and internationally, as well as those listed only abroad that use international financial reporting standards or enterprise accounting standards, must continue to apply the new insurance contract accounting standards. Other companies must start implementing these standards from January 1, 2026, unless they submit a written request for a delay to the Ministry of Finance and the Financial Regulatory Administration [1]. Simplified Processing Regulations - Non-listed companies are allowed to choose simplified processing regulations regarding the grouping, recognition, measurement, and reporting of insurance contracts. Specific requirements for adopting and changing these simplified processes have been outlined [1]. Organizational Implementation Requirements - The implementation of the new insurance contract accounting standards is a crucial measure to address major financial risks. Companies are required to prepare for the implementation through business process restructuring, information system upgrades, management system improvements, and personnel training. Various levels of financial departments and regulatory bodies are tasked with ensuring the effective implementation and coordination of these standards [2].
细化新保险合同会计准则实施安排 为非上市企业提供简化处理选项
Jin Rong Shi Bao· 2025-08-08 07:25
Core Viewpoint - The Ministry of Finance and the Financial Regulatory Administration have issued a notification to further implement the new insurance contract accounting standards, aimed at enhancing the quality of financial information in the insurance industry and supporting high-quality development [1][2][10]. Summary by Sections Background - The new insurance contract accounting standards were revised and issued in December 2020, effective from January 1, 2023, for certain companies, while others will implement it by January 1, 2026 [2][3]. - Initial implementation by ten large listed insurance companies showed a smooth transition, with the impact on net assets and profits aligning with expectations, leading to positive market reactions [2][3]. Implementation Arrangements - The notification clarifies that companies listed both domestically and internationally, as well as those listed only abroad, must continue to follow the new standards, while other companies will adopt them by 2026 [5][6]. - Companies facing difficulties in implementation must submit written explanations to the relevant authorities [5]. Simplified Processing Provisions - Non-listed companies are provided with options for simplified processing in areas such as insurance contract grouping, measurement, and reporting [5][8]. - The simplifications aim to reduce implementation costs without significantly affecting the quality of accounting information [7][10]. Organizational Implementation Requirements - The notification emphasizes the importance of implementing the new standards as part of broader financial risk management strategies [5][6]. - It outlines the need for companies to prepare through process reorganization, system upgrades, and staff training [6][10]. Expected Impact - The notification is designed to facilitate the timely execution of the new standards, particularly for small and medium-sized insurance companies, while not significantly impacting the quality of accounting information for listed companies [10]. - The simplified provisions are specifically tailored for non-listed companies, which have a limited share of the industry in terms of asset size and premium income [10]. Implementation Guidance - The authorities will focus on promoting understanding of the notification's requirements and closely monitoring the implementation of the new standards [12].
推动新保险合同会计准则精准适配
Jing Ji Ri Bao· 2025-06-22 22:06
Core Viewpoint - The Ministry of Finance and the National Financial Regulatory Administration have issued a notice to further implement the new insurance contract accounting standards, providing guidance and simplified options for non-listed companies, while emphasizing the importance of these standards for the insurance industry's high-quality development [1][3]. Implementation Arrangements - The notice clarifies that companies listed both domestically and internationally, as well as those listed only abroad that use international financial reporting standards or enterprise accounting standards, must continue to implement the new insurance contract accounting standards. Other companies must adopt these standards by January 1, 2026, unless they submit a written request for a delay [2]. Simplified Processing Provisions - Non-listed companies are allowed to choose simplified processing options regarding the grouping, recognition, measurement, and reporting of insurance contracts, with specific requirements for adopting and changing these simplified processes [2]. Organizational Implementation Requirements - The notice emphasizes that implementing the new insurance contract accounting standards is a crucial measure to mitigate major financial risks. It requires companies to prepare for implementation through business process restructuring, information system upgrades, management system improvements, and personnel training. It also outlines the roles of various financial departments and regulatory bodies in supporting the implementation [2][3]. Support for Small and Medium-sized Insurance Companies - The notice is designed to address the specific challenges faced by small and medium-sized insurance companies, providing them with support and reducing the complexity and cost of implementation. This approach aims to facilitate a smoother transition to the new standards while promoting orderly development within the insurance sector [3].
可申请暂缓执行!中小险企获新保险合同会计准则“减压阀”
Hua Xia Shi Bao· 2025-06-16 10:15
Core Viewpoint - The regulatory authorities have introduced measures to ease the implementation of the new insurance contract accounting standards for small and medium-sized insurance companies facing operational challenges, allowing them to postpone compliance until January 1, 2026, if necessary [2][3][6]. Group 1: Regulatory Changes - The Financial Regulatory Bureau and the Ministry of Finance issued a notification allowing non-listed insurance companies to delay the implementation of new accounting standards until January 1, 2026, if they face difficulties [2][3]. - The notification includes tailored simplifications for non-listed insurance companies to ease the transition to the new standards [2][7]. Group 2: Challenges Faced by Small and Medium-sized Insurers - Small and medium-sized insurance companies are experiencing significant challenges due to high costs associated with system upgrades, talent shortages, and historical data limitations [4][5]. - The transition to the new standards requires substantial IT support and specialized personnel, which are often lacking in smaller firms [5][9]. Group 3: Financial Impact - The new accounting standards are expected to lead to increased volatility in net profits and a decline in net assets for non-listed insurers, with revenue potentially dropping significantly due to changes in recognition standards [8][9]. - For example, bank-affiliated insurers that adopted the new standards early saw a 76% reduction in revenue and a 16% decrease in net assets in 2023 compared to the old standards [9]. Group 4: Long-term Opportunities - Despite the short-term challenges, the new standards may provide long-term opportunities for the insurance industry by promoting better product design and asset-liability management, leading to more stable operations [10]. - The new standards are expected to enhance financial transparency and improve risk management within the industry [10].
积极配置非银板块优质红马,持续关注业绩高弹性个股
Changjiang Securities· 2025-06-15 15:16
Investment Rating - The report maintains a "Positive" investment rating for the non-bank financial sector, highlighting the attractiveness of quality stocks in this area [7]. Core Insights - The second quarter shows a stable improvement in policy and market trading trends, suggesting that high-quality non-bank stocks remain a good investment choice based on profitability and dividend stability [2][4]. - Recommended stocks include Jiangsu Jinzheng, China Ping An, and China Pacific Insurance for their stable earnings and high dividend yields. Additionally, stocks like New China Life, China Life, Hong Kong Exchanges, CITIC Securities, Dongfang Wealth, Tonghuashun, and Jiufang Zhitu Holdings are recommended based on their earnings elasticity and valuation levels [2][4]. Summary by Sections Market Performance - The non-bank financial index increased by 1.2%, outperforming the CSI 300 by 1.4% this week, ranking 6th out of 31 sectors. Year-to-date, the non-bank financial index is down 4.2%, underperforming the CSI 300 by 2.4%, ranking 25th out of 31 [5]. Policy and Regulatory Updates - The Ministry of Finance issued a notice to further implement the new insurance contract accounting standards, which is expected to increase the demand for equity assets among some insurance companies during the transition [4][61]. Company Announcements - Guosen Securities announced a cash dividend of 3.50 yuan per 10 shares, totaling 3.364 billion yuan [6]. Insurance Sector Insights - In April 2025, the cumulative insurance premium income reached 259.54 billion yuan, a year-on-year increase of 2.25%. Property insurance income was 64.86 billion yuan, up 5.19%, while life insurance income was 194.69 billion yuan, up 1.31% [22][23]. Investment Business Trends - The report notes a recovery in market activity, with average daily trading volume reaching 1.3717 trillion yuan, up 13.47% week-on-week. The margin financing balance also increased to 1.82 trillion yuan, up 0.53% [40][47]. Financing Activities - In May 2025, equity financing decreased to 16.795 billion yuan, down 32.2% month-on-month, while bond financing was 72.7 billion yuan, down 7.3% [49][51].
非银金融周报:期货市场程序化交易新规发布,非上市险企2026年起执行新会计准则-20250615
HUAXI Securities· 2025-06-15 13:02
Investment Rating - Industry rating: Recommended [5] Core Insights - The non-bank financial sector index increased by 1.16%, outperforming the CSI 300 index by 1.42 percentage points, ranking 6th among all primary industries [2][13] - The average daily trading volume of A-shares reached 13,717 million yuan, a 13.5% increase month-on-month and an 88.1% increase year-on-year [18] - The issuance of new shares in the A-share market has seen 48 companies listed in 2025, raising a total of 358.6 million yuan [18] Summary by Sections Non-Bank Financial Weekly Insights - The securities sector rose by 0.82%, while the insurance sector increased by 2.06% [2][13] - Notable stock performances included *ST Rindong (+17.44%) and Nanhua Futures (+12.63%) [2][13] Regulatory Updates - The China Securities Regulatory Commission (CSRC) released new regulations for algorithmic trading in the futures market, effective from October 9, 2025, aimed at enhancing market order and fairness [3][14][37] - The new regulations include comprehensive monitoring of algorithmic trading processes and require traders to report relevant information before engaging in such activities [15][37] Insurance Sector Developments - Non-listed insurance companies will implement new accounting standards starting January 1, 2026, with provisions for simplified processing to aid smaller firms in transitioning [4][16][37] - The new standards aim to stabilize performance fluctuations observed in listed insurance companies since their implementation [16][37]
非银金融行业跟踪周报:险资预计持续增配红利股-20250615
Soochow Securities· 2025-06-15 11:04
Investment Rating - The report maintains an "Overweight" rating for the non-bank financial sector [1] Core Insights - The non-bank financial sector has shown resilience, with all sub-sectors outperforming the CSI 300 index in recent trading days. The insurance sector rose by 2.07%, multi-financial by 1.45%, and securities by 0.88% [4][9] - The insurance sector is expected to continue increasing allocations to dividend stocks, driven by a recovery in life insurance premiums and the implementation of new accounting standards [21][23] - The securities sector is experiencing a significant increase in trading volume, with a year-on-year rise of 79.76% in daily average trading volume as of June 13, 2025 [15][20] - The multi-financial sector is entering a stable transition period, with trust assets growing but profits declining significantly [30][34] Summary by Sections 1. Recent Performance of Non-Bank Financial Sub-Sectors - All sub-sectors outperformed the CSI 300 index in the last five trading days, with the overall non-bank financial sector rising by 1.28% [4][9] - Year-to-date, the insurance sector has performed the best, with a 3.18% increase, while the securities sector has seen a decline of 7.98% [10] 2. Insights on Sub-Sectors 2.1 Securities - Trading volume has significantly increased, with daily average trading volume reaching 14,783 billion CNY, a 79.76% increase year-on-year [15][20] - The average price-to-book (PB) ratio for the securities industry is estimated at 1.2x for 2025 [20] 2.2 Insurance - Life insurance premiums are recovering, with original premiums for the first four months of 2025 reaching 20,966 billion CNY, a year-on-year increase of 1.8% [24] - The implementation of new accounting standards is expected to enhance the allocation of insurance funds to OCI stocks [23][24] 2.3 Multi-Financial - The trust industry saw its asset scale reach 29.56 trillion CNY in 2024, a year-on-year growth of 23.58%, but profits fell by 45.52% [30][34] - The futures market experienced a decline in trading volume and value in May 2025, with a total transaction volume of 6.79 billion contracts [37][41] 3. Industry Ranking and Key Company Recommendations - The recommended ranking for the industry is insurance > securities > other multi-financial sectors, with key companies including New China Life, China Pacific Insurance, China Life, China Ping An, CITIC Securities, Tonghuashun, and Jiufang Zhitu Holdings [48]
新保险合同准则新规来了!确有困难公司,可申请暂缓执行
券商中国· 2025-06-14 09:29
Core Viewpoint - The Ministry of Finance and the Financial Regulatory Administration have issued a notification to further implement the new insurance contract accounting standards, providing guidance and simplified options for non-listed companies [1][2][5]. Summary by Sections Implementation Arrangements - The notification details the implementation arrangements for the new insurance contract accounting standards, allowing non-listed companies to opt for simplified processing [2][5]. - Companies facing difficulties in executing the new standards must submit written explanations by June 30, 2025, and disclose the reasons in their financial statements [3][5]. Transition Timeline - The new insurance contract accounting standards were revised in December 2020, with a mandatory implementation date of January 1, 2023, for certain companies, while others must comply by January 1, 2026 [4][5]. - Companies that have already adopted the new standards must report their early implementation by June 30, 2025 [6]. Simplified Processing Provisions - The notification introduces simplified processing options for non-listed companies, effective from January 1, 2025, allowing them to choose one or more simplifications when first applying the new standards [7][9]. - Simplifications cover four main areas: 1. Grouping and recognition of insurance contracts [8] 2. Measurement of insurance contracts [8] 3. Presentation of insurance contracts [8] 4. Transition provisions for first-time application [9]. Impact on Financial Reporting - The simplified provisions aim to reduce the complexity and cost of implementation for non-listed companies, particularly smaller insurers facing challenges due to limited historical data and resources [5][11]. - The notification is designed to ensure that the quality of accounting information is not significantly affected, particularly for listed companies, thus maintaining consistency in financial reporting standards [10][11].