Core Insights - The insurance industry in China has solidified its position as the second-largest insurance market, with cumulative payouts reaching 9 trillion yuan, a 61.7% increase compared to the "13th Five-Year Plan" period [1] - By the end of Q2 2025, total assets of insurance companies and insurance asset management companies are projected to reach 39.2 trillion yuan, reflecting a 9.2% growth from the beginning of the year [1] Group 1: Social Security and Health Insurance - Urban and rural residents' major illness insurance provides further protection against high medical costs, with the government overseeing policy formulation and commercial insurance institutions managing the projects [2] - As of now, major illness insurance has served 1.22 billion urban and rural residents [2] - The "Guiding Opinions on Promoting High-Quality Development of Inclusive Insurance" emphasizes broad coverage, affordability, and fairness in insurance services [3] - Commercial health insurance has provided a total of 1.8 trillion yuan in economic compensation to patients over the past five years [3] Group 2: Long-term Care Insurance - Shandong Jining has initiated commercial insurance institutions to manage long-term care insurance, benefiting over 5,000 individuals with total expenditures of 95 million yuan [4] - The insurance sector is innovating various commercial pension products to address the challenges of an aging population, with accumulated reserves in commercial pension and health insurance reaching 11 trillion yuan [4] Group 3: Agricultural Insurance - Agricultural insurance has provided risk protection for 800 million farming households, with a 72% increase in average coverage for major grain crops during the "14th Five-Year Plan" [6] - The implementation of comprehensive cost and income insurance for major grain crops has been expanded nationwide, providing significant economic compensation to farmers affected by disasters [6][7] Group 4: Disaster Risk Management - The insurance industry has paid out over 150 billion yuan for natural disasters, ensuring prompt and reasonable compensation [7] - A national catastrophe insurance system is being established to enhance disaster prevention and relief efforts [7] Group 5: Support for the Real Economy - The insurance sector is actively addressing the risk management and financing needs of key national projects, including the Belt and Road Initiative [8] - China Export & Credit Insurance Corporation (Sinosure) reported a 10% year-on-year increase in insured amounts, reaching 1.0214 trillion USD in 2024 [8][10] - Sinosure's support for the largest wind power project in Kazakhstan demonstrates the role of insurance in facilitating international projects and enhancing credit risk management [9]

Core Viewpoint - The article emphasizes the urgent need to strengthen catastrophe insurance mechanisms in response to increasing extreme weather events and climate change, highlighting its role in safeguarding public safety and property [1][3]. Group 1: Catastrophe Insurance Development - Catastrophe insurance is recognized as an important economic stabilizer and social safety net, with recent events in Guangdong demonstrating its effectiveness in providing timely financial support during disasters [2][3]. - As of the end of 2024, catastrophe insurance in China has provided risk coverage for 64.39 million households, amounting to 22.36 trillion yuan, with expectations to exceed 70 million households by 2025 [3][4]. - The development of catastrophe insurance is transitioning from regional pilot programs to nationwide coverage, supported by policy initiatives and industry efforts [3][4]. Group 2: Product and Service Optimization - Catastrophe insurance focuses on proactive prevention rather than just compensation, with companies like PICC leading efforts to create a comprehensive risk management system that includes pre-disaster prevention, response, and post-disaster compensation [4]. - Technological advancements have significantly improved the efficiency of catastrophe insurance, with innovations such as catastrophe index insurance speeding up claims processes and enhancing disaster response [4][5]. - New index-based catastrophe insurance products are being developed to address various extreme weather events, leveraging big data and AI for better risk assessment and pricing [4]. Group 3: Reinsurance and Risk Management - Reinsurance plays a crucial role in the catastrophe insurance ecosystem, providing a mechanism for risk dispersion and supporting the stability of the insurance market [5]. - The establishment of specialized catastrophe risk management companies, such as Zhongcai Catastrophe Risk Management Co., enhances the capacity for managing and transferring catastrophe risks [5]. Group 4: Collaborative Efforts and Future Outlook - Despite progress, there is still significant room for improvement in the coverage and protection levels of catastrophe insurance, necessitating collaborative efforts among government, enterprises, and society [6][7]. - Future initiatives will focus on enhancing the catastrophe insurance system, improving public awareness of risks, and optimizing data-sharing platforms to better manage catastrophe risks [7]. - The ongoing development of standardized catastrophe insurance products and services aims to expand the scope and effectiveness of risk reduction efforts [7].

中国再保开发多个具有自主知识产权的巨灾风险模型，涵盖地震、台风、洪水等灾害；太保产险自主研 发巨灾风险减量数智化平台"风险雷达"，构建灾害损失预警模型，实现数字化、可视化、智能化的防灾 减灾一体化管理；中国人保自主研发"巨灾安澜"平台，为风险减量服务提供技术支撑，依托"巨灾经 纬"可视化平台实现风险地图动态监测，解决承保策略执行难、风险累积监测难等问题。 巨灾保险的实施离不开跨行业协作。此前发布的《关于加强金融气象协同联动、服务经济社会高质量发 展的指导意见》指出，要推动巨灾保险发展，研究极端天气气候事件和气象灾害对金融机构和金融市场 的影响，拓展人工影响天气在农业保险业务上的防灾减灾服务。 作为经济"减震器"和社会"稳定器"，保险业在防灾减中发挥着重要作用。其中，自然灾害发生后，巨灾 保险可以为受灾地区提供经济补偿，帮助受灾居民和企业快速恢复生产生活，越来越受到关注。 2025年5月4日22时30分许，受强对流天气影响，四川省汶川县突发短时大风天气灾害，造成县域内多处 民房受损。经现场查勘核实，人保财险阿坝州分公司第一时间赔付漩口镇百花村受灾群众杨清洪家本次 事故损失340元。 虽然金额不大，但这笔迅速赔付 ...