基金销售新规落地：理财"加权益"与公募"强适配"时代开启 与之前的征求意见稿相比，近日出台的《公开募集证券投资基金销售费用管理规定》正式稿放宽了债券 型基金的赎回费约束，并对基金认（申）购费率进行了精细化调整。基于这一变化，业内人士认为，债 券ETF有望成为理财机构流动性管理与波段交易的重要工具。同时，理财资金有望逐步加大对权益型基 金的配置力度，其中宽基指数基金和中低波动的"固收+"类产品料更受青睐。在此背景下，公募基金正 在加快产品线与服务模式的转型升级——从提供标准化产品，逐步转向为理财机构量身打造精细化、工 具化的资产配置方案，行业竞合新格局正在成形。（中国证券报） FOF供求两旺 基金发行"开门红" 2026年一开年，基金发行市场便呈现出不同于前几年的火热景象。记者在实地走访多家银行网点与基金 公司后发现，在理财经理、营销人员频繁提及的"长盈计划""龙盈计划"背后，一场围绕FOF（基金中基 金）渠道与产品的竞赛日渐升温。"这只FOF只卖一天，额度抢得很快。"一位银行理财经理向记者展示 刚刚售罄的产品页面。就在1月5日，万家基金旗下一只FOF一日"售罄"；次日，广发基金旗下的另一只 FOF也闪电结募。 ...

"机器人作为新生事物，在表演使用过程中难免会发生损失，因此我们平台要求每一台机器人都必须采 购保险。"近日，擎天租CEO李一言在接受上海证券报记者采访时表示，预计2026年机器人租赁市场规 模有望达到百亿元。 机器人租赁市场需求旺盛，也催生了大量的保险保障需求。上海证券报记者调研了解到，各大保险公司 在机器人保险业务上不断探索创新，例如：平安产险落地全国首张具身机器人"保险+租赁"保单；人保 财险、太保产险等险企通过保障范围、保障期限的灵活设计，提供定制化机器人保险产品服务。 多位业内人士认为，机器人保险作为新型保险产品，其发展成熟需要大量的数据支撑，如果仅与单一企 业合作或投保单一设备，数据积累会比较慢。通过与租赁平台等合作，不仅可以获得批量保单，也有利 于实现数据的快速积累，为精算定价、风险理赔提供数据支撑，机器人保险有望迎来新增长极。不过， 机器人保险在我国还处在起步阶段，发展过程中的风险评估难、产品适配差、责任界定难、风控能力弱 等问题，还需要多方协作、共同破局。 首张具身机器人"保险+租赁"保单落地 人形机器人打太极、跳舞，机器狗迎客……近日，上海证券报记者走进上海模速空间，见证了以往电影 里人与机 ...

张大伟 制图 □ 为抢抓机器人保险市场先机，头部险企均在积极拓展机器人保险业务，在保障范围、保障期限上灵活 创新，以满足机器人保险的多元化需求 □ 机器人保险不断创新，背后是金融业对机器人产业支持逻辑的根本性升级，核心在于从提供单点、静 态的风险保障，转向构建覆盖产业全生命周期的动态金融生态 □ 具身智能机器人保险在我国仍处于发展起步阶段，"数据壁垒"、风险评估难、责任界定难等问题亟待 解决 ◎记者 何奎 "机器人作为新生事物，在表演使用过程中难免会发生损失，因此我们平台要求每一台机器人都必须采 购保险。"近日，擎天租CEO李一言在接受上海证券报记者采访时表示，预计2026年机器人租赁市场规 模有望达到百亿元。 机器人租赁市场需求旺盛，也催生了大量的保险保障需求。上海证券报记者调研了解到，各大保险公司 在机器人保险业务上不断探索创新，例如：平安产险落地全国首张具身机器人"保险+租赁"保单；人保 财险、太保产险等险企通过保障范围、保障期限的灵活设计，提供定制化机器人保险产品服务。 人形机器人打太极、跳舞，机器狗迎客……近日，上海证券报记者走进上海模速空间，见证了以往电影 里人与机器人互动的场景正照进现实。 随着 ...

（原标题：现代汽车·起亚携手现代海上保险开发机器人专业保险） 据韩联社11月24日报道，现代汽车·起亚当日宣布，已与现代海上火灾保险公司签订"旨在提升基于机器人的保险·金融服务水平的业务合作协 议(MOU)"。 根据此次协议，双方将共同开发机器人专业保险，计划年内推出首款保险产品"DeepTech综合保险"并签订合同。双方为开发保险产品，已基 于现代汽车·起亚正在运营的配送机器人和电动汽车充电机器人的实证业务数据进行保险风险分析。现代汽车·起亚计划今后在自主开发机器人的运 营或销售过程中，通过与保险产品联动来保障可靠性与安全性。此外，双方还将构建机器人运营风险管理体系，并推进开发可降低机器人用户总 拥有成本的保险·金融联动型新产品。 ...

Core Insights - The emergence of "embodied intelligent robots" is reshaping industries and integrating into daily life, presenting both opportunities and risks [1] - Insurance companies are developing specialized insurance products for embodied robots, combining "robot body loss insurance" and "third-party liability insurance" to address industry risks [1][2] - The insurance sector faces challenges in risk assessment due to the lack of historical data and diverse application scenarios for embodied robots [2][3] Group 1: Industry Developments - The introduction of insurance for robots enhances their market competitiveness and addresses key barriers to market entry [2] - A pilot third-party liability insurance for embodied robots has been launched in Jiangsu Province, providing over 1 million yuan in risk coverage for human injury incidents [1] Group 2: Challenges and Solutions - The insurance industry must overcome significant challenges related to risk measurement and the rapid evolution of robot technology [2][3] - Collaboration between insurance companies and robot manufacturers is essential to develop innovative insurance products based on shared data and established application scenarios [3] - A mature insurance system for robots can act as a "connector" and "stabilizer" in the industry, facilitating large-scale adoption and providing financial support for technological advancements [3][4]

Core Viewpoint - The development of humanoid robots in China is rapidly advancing, with significant applications across various industries, but it also raises concerns about associated risks and the need for a robust risk management system [1][2]. Industry Overview - The humanoid robot industry is recognized as a benchmark for cutting-edge technology, with projections indicating that by 2045, over 100 million humanoid robots will be in use in China, leading to a market size of approximately 10 trillion yuan [2]. - The insurance sector is actively supporting the humanoid robot industry through various insurance products, including liability insurance and innovative coverage options [3][4]. Insurance Product Development - Basic insurance products such as property loss insurance and product liability insurance have become standard for humanoid robots, while emerging products like R&D expense insurance and cybersecurity insurance are being developed to address new risks [3][4]. - A comprehensive insurance product called "Smart Insurance" has been launched to cover the entire humanoid robot industry chain, providing peace of mind for stakeholders [2]. Challenges in Insurance - The humanoid robot insurance market faces challenges such as data scarcity, rapid technological changes, and complex risk structures that require innovative solutions [5][6]. - Liability disputes can arise from incidents involving humanoid robots, complicating claims processes due to unclear responsibility among manufacturers, operators, and developers [6]. Policy Support - Government policies are being established to support the development of the humanoid robot industry, with over 20 relevant documents issued this year to promote technology research, application, and investment [7][8]. - Local governments are implementing measures such as premium subsidies to stimulate market demand and encourage insurance providers to develop tailored products for the humanoid robot sector [8].

Group 1 - The core viewpoint of the articles highlights the emerging insurance market for robots, driven by their integration into various sectors and the associated risks that necessitate tailored insurance products [2][5]. - The first humanoid robot competition showcased the need for comprehensive insurance coverage, with China Life Insurance providing various insurance products to ensure safety and smooth operation during the event [1]. - The development of insurance products for robots is seen as a response to the complex risks involved in their lifecycle, including property damage, third-party liability, and cybersecurity risks [2][4]. Group 2 - The launch of the consumer-grade exoskeleton robot VIATRIX by Shanghai Aoshark Intelligent Technology Co., with insurance coverage from Dajia Insurance, illustrates the collaboration between technology and insurance sectors to mitigate potential liabilities [3]. - Different types of robots face unique risks, necessitating customized insurance solutions based on their specific applications, such as medical, agricultural, and household robots [4]. - China Life Insurance has developed a comprehensive risk product system with over 200 products to support technological innovation across various sectors, indicating a significant commitment to the insurance needs of high-tech enterprises [4].

Core Viewpoint - The integration of robotics and insurance is becoming increasingly important as robots face various risks throughout their lifecycle, necessitating tailored insurance products to mitigate potential losses [2][4]. Group 1: Robotics and Insurance Development - The first humanoid robot competition highlighted the need for comprehensive insurance coverage, including construction, transportation, and event cancellation insurance, to ensure safety and smooth operations [1]. - The insurance industry is evolving to cover robots as new insurance objects, with products designed for property damage, third-party liability, and cybersecurity risks [2]. - The Chinese government is promoting the development of insurance products for emerging fields like robotics to support innovation and growth [2]. Group 2: Specific Applications and Collaborations - Shanghai Aoshark Intelligent Technology Co., Ltd. launched the first mass-produced consumer-grade exoskeleton robot, VIATRIX, with insurance coverage provided by Dajia Insurance, addressing potential liability risks for users [3]. - Dajia Insurance is not only providing coverage but also collaborating with Aoshark to create practical applications for the exoskeleton in elderly care, showcasing a dual role as both insurer and client [3]. - Different types of robots face unique risks, necessitating customized insurance solutions based on their specific applications, such as medical, agricultural, and household robots [4]. Group 3: Industry Trends and Future Outlook - The insurance sector is focusing on enhancing its capacity to underwrite risks associated with major technological advancements, with a comprehensive product system covering various high-tech fields [4]. - China Pacific Insurance aims to support leading robotics companies by extending insurance services to a broader range of intelligent technologies, facilitating market potential release [5].

Group 1 - The core viewpoint of the articles highlights the rapid integration of robots into various sectors, creating new demands for risk management and insurance solutions [1][2][3] - The first World Humanoid Robot Games showcased the performance and risks associated with robots, emphasizing the need for insurance to mitigate potential liabilities [2][3] - Insurance companies are innovating to develop comprehensive risk coverage for robots, including product liability, property damage, cybersecurity, and research and development insurance [3][4] Group 2 - The insurance sector is actively testing new products in various scenarios, such as providing coverage for events like marathons and consumer-grade robotic products [4][5] - Local governments are implementing policies to encourage insurance innovation in the robotics field, including subsidies for companies purchasing insurance [5][6] - Despite the promising outlook for robot insurance, challenges remain, particularly in risk assessment due to the lack of historical data and the complexity of robot operations [6][7] Group 3 - The industry recognizes the need for improved data sharing between insurance companies and robot manufacturers to enhance risk assessment and product pricing [8] - Establishing a collaborative platform for data sharing is essential for developing targeted insurance products that meet the diverse needs of different applications [8] - The growing penetration of robots in various sectors presents significant market opportunities for the insurance industry to create tailored products that support the development of a manufacturing powerhouse [8]

Core Viewpoint - The rapid integration of robots into various sectors is creating new demands for risk management and insurance solutions, prompting innovation in the insurance market to address these emerging needs [1][2][3]. Group 1: New Market and Demand - The first World Humanoid Robot Games highlighted the performance and risks associated with robots, emphasizing the need for insurance to manage potential liabilities [2][3]. - Various scenarios, such as service robots in restaurants and logistics robots in warehouses, present significant third-party liability risks, necessitating insurance coverage for users and owners [2][3]. Group 2: Insurance Innovations - Insurance is evolving from merely covering risks to becoming a catalyst for industry upgrades, with a growing demand for specialized robot insurance products [3][4]. - Experts suggest that future robot insurance should encompass product liability, property damage, cybersecurity, and research and development coverage [3][4]. Group 3: Policy Support and Challenges - Regulatory bodies are actively promoting insurance product innovation in the robotics sector through policies and subsidies to support technological advancements [5][6]. - Despite the promising outlook for robot insurance, challenges remain, particularly in risk assessment and pricing due to the lack of historical data and the complexity of robot operations [6][7]. Group 4: Data Sharing and Collaboration - The insurance industry is encouraged to enhance communication and collaboration with robot manufacturers to establish data-sharing mechanisms for accurate risk assessment and product development [8]. - Creating a shared platform for accident data and developing modular insurance products tailored to specific risks are essential for meeting diverse insurance needs [8]. Group 5: Market Potential - The increasing penetration of robots across various sectors indicates a vast market potential for robot insurance, with opportunities in both industrial and consumer applications [8]. - The insurance industry is urged to develop comprehensive insurance products that cover the entire lifecycle of robots, aligning with national manufacturing goals [8].