专属商业养老保险是指资金长期锁定用于养老保障目的，被保险人领取养老金年龄应当达到法定退休年 龄或年满60周岁的个人养老年金保险产品。该类产品根据投资组合的不同，为投保人提供稳健型账户和 进取型账户进行选择。 近日，险企陆续披露专属商业养老保险产品2025年结算利率。据记者统计，截至目前，已有40只专属商 业养老保险产品披露了2025年结算利率。 具体来看，上述40只专属商业养老保险产品的稳健型账户结算利率最高达4.35%，最低为2.00%，平均 结算利率为3.29%，共有32只产品的稳健型账户2025年结算利率在3%及以上。40只产品的进取型账户结 算利率最高达4.55%，最低为2.50%，平均结算利率为3.33%，共有38只产品的进取型账户结算利率在 3%及以上。综合来看，40只专属商业养老保险产品中，共有31只产品在两类账户的2025年结算利率均 在3%及以上。 近日，保险公司陆续披露专属商业养老保险产品2025年结算利率。据《证券日报》记者统计，截至1月 13日，已有40只专属商业养老保险产品披露了去年结算利率，上述产品稳健型账户的平均结算利率为 3.29%，进取型账户的平均结算利率为3.33%。 受访 ...

Core Viewpoint - The 2025 settlement interest rates for exclusive commercial pension insurance products have been released, showing a range of 2% to 4.35% for stable accounts and 2.5% to 4.55% for aggressive accounts, with over 80% of stable accounts exceeding 3% [1][5]. Summary by Sections Settlement Interest Rates - A total of 39 exclusive commercial pension products have stable account settlement rates between 2% and 4.35%, with an arithmetic mean of 3% and aggressive account rates ranging from 2.5% to 4.55%, with an arithmetic mean of 3.34% [5]. - The median settlement interest rate for both account types is 3.2% [4][5]. Leading Products - The highest settlement rates are observed in the products from Agricultural Bank Life Insurance, with both stable and aggressive accounts yielding 4.35% and 4.55% respectively [5]. - National Pension's products follow closely, with stable and aggressive account rates of 4.01% and 4.02% [5]. - Xinhua Pension's product also exceeds 4% for stable accounts, with an aggressive account rate of 3.6% [5]. Performance Trends - National Pension's products have maintained a stable settlement rate above 4% since their launch in 2022, while Xinhua Pension's stable account rates have fluctuated but remained above 4% [6]. - Some products have settlement rates below 3%, with several of these products already discontinued [6]. Changes in Settlement Rates - The settlement rates for exclusive commercial pension insurance products have shown fluctuations, with some products maintaining rates while others have decreased or increased [7]. - In 2025, among 28 comparable products, 13 stable accounts maintained their rates, while 9 saw declines and 6 experienced increases [7]. New Product Dynamics - A significant number of products have been discontinued, with only 14 currently available, reflecting a trend of new product launches with lower minimum guaranteed rates [8]. - Despite the reduction in guaranteed rates, actual settlement rates for many new products have not decreased, with some maintaining the same rates as older products [8]. Investment Considerations - Higher minimum guaranteed rates do not necessarily correlate with higher actual returns, as they can restrict investment strategies and potentially limit long-term returns for clients [9].