中国证券报记者近日发现，中国保险资产管理业协会官方微信公众号已正式更名为中国银行保险资产管 理业协会。早在今年8月，就有相关人士透露，协会已召集会员审议通过更名议案，10月完成工商信息 变更，目前协会网站尚未完成更名。 与此相应，银行理财公司融入统一行业自律体系也进入尾声。在全国32家银行理财公司中，已有30家成 为协会会员。在银行理财市场规模突破32万亿元的背景下，此次更名标志着资管行业将在统一的自律框 架下协同发展，有助于消除行业壁垒、规范信息披露并保护投资者权益。 官微更名落地 协会官微简介显示，中国银行保险资产管理业协会是由银行理财及保险资产管理行业自愿结成的全国 性、行业性、非营利性社会组织，接受国家金融监督管理总局和民政部的业务指导和监督管理，认真履 行自律、维权、协调、服务职能，发挥服务会员、辅助监管的作用，推动行业高质量发展。 此次更名并不突然。8月，某保险资管公司人士就曾透露，协会已召开会员审议表决会敲定更名事宜。 天眼查信息显示，10月协会完成工商信息变更，从法律层面完成主体身份更新。而近期协会官微名称切 换，或标志着更名工作步入收尾阶段。 会员扩容速度印证了行业对此次整合的积极响应。协会 ...

● 本报记者 程竹 吴杨 中国证券报记者近日发现，中国保险资产管理业协会官方微信公众号已正式更名为中国银行保险资产管 理业协会。早在今年8月，就有相关人士透露，协会已召集会员审议通过更名议案，10月完成工商信息 变更，目前协会网站尚未完成更名。 与此相应，银行理财公司融入统一行业自律体系也进入尾声。在全国32家银行理财公司中，已有30家成 为协会会员。在银行理财市场规模突破32万亿元的背景下，此次更名标志着资管行业将在统一的自律框 架下协同发展，有助于消除行业壁垒、规范信息披露并保护投资者权益。 官微更名落地 这场行业组织的重构是监管政策导向与市场发展需求共同作用的结果。 2023年11月，金融监管总局资管机构监管司正式成立，将信托公司、银行理财公司、保险资产管理公司 纳入统一监管范畴，目前三类机构管理和服务的资产总规模已超100万亿元。"监管层面已实现同类业务 统一监管，自律组织要跟上步伐，形成监管与自律的协同。"某银行理财公司高管的观点道出了行业共 识。 庞大的市场规模与行业地位，让银行理财公司的全面融入具备了现实基础。银行业理财登记托管中心数 据显示，截至2025年三季度末，银行理财市场存续规模32.1 ...

今年，光大永明资产成功发行首单中保登蒸汽收费收益权资产支持计划"光大永明-新材料科技园蒸汽收 费收益权绿色资产支持计划"。该项目基础资产为南京江北新材料科技园内的工业蒸汽收费收益权，积 极助力首批省级绿色金融创新改革试验区建设，是一次绿色金融与产业升级良性互动的积极探索，有效 推动了区域绿色转型和可持续发展。目前，项目已投放10.5亿元，整体运行稳定。 中证报中证网讯（记者 薛瑾）记者近日从光大永明资产获悉，光大永明资产立足服务国家战略，充分 发挥保险资管长周期资金管理的特色优势，深度融入国家战略布局，以创新实践服务地方经济社会高质 量发展。截至目前，多个项目已投放金额达数亿元。 在推动绿色发展、低碳发展方面，光大永明资产通过多元创新手段，为绿色产业发展注入金融动力，推 动经济效益与社会价值双提升。2024年，光大永明资产设立"光大永明-循环经济产业园基础设施债权投 资计划"，精准引导保险资金、城商行自有资金等多元化资本流向绿色产业，为无锡循环经济产业园建 设按下"加速键"，赋能区域经济绿色转型。目前，该项目已累计投入6.55亿元，项目建设基本完工。 今年5月，央行与证监会联合发布公告，支持金融机构发行科技创 ...

在国家"十四五"规划引领下，光大永明资产管理股份有限公司（以下简称"光大永明资产"）以"立足保 险、重在资管"为理念，立足服务国家战略，充分发挥保险资管长周期资金管理的特色优势，深度融入 国家战略布局，以创新实践服务地方经济社会高质量发展，在惠民利民中彰显金融担当，书写金融服务 实体经济的新篇章。 深耕绿色金融，低碳惠泽民生。光大永明资产积极践行绿色金融理念，通过多元创新手段，为绿色产业 发展注入金融动力，推动经济效益与社会价值双提升。2024年，光大永明资产设立"光大永明-循环经济 产业园基础设施债权投资计划"，精准引导保险资金、城商行自有资金等多元化资本流向绿色产业，为 无锡循环经济产业园建设按下"加速键"，赋能区域经济绿色转型。该项目获G1绿色等级认证，并成功 入选无锡"绿色金融十佳创新案例"。目前，已累计投入6.55亿元，项目建设基本完工，成为绿色金融助 力经济、社会和环境协调发展的生动范例。 践行普惠初心，传递金融温度。光大永明资产贯彻落实做好普惠金融相关要求，通过创新金融产品和服 务模式，满足民众日益增长的金融服务需求，在促消费惠民生、扩大内需等方面发挥积极作用，推动释 放经济增长新动能。截至8月 ...

Core Insights - The report reveals the current state and trends of the insurance asset management industry in China, highlighting the performance and characteristics of 34 insurance asset management companies as of the end of 2024 [1] Group 1: Industry Overview - As of the end of 2024, there are 35 insurance asset management companies in China, with 10 companies managing assets over 900 billion yuan [2] - The total asset management scale of the 34 companies reached 33.30 trillion yuan, reflecting a year-on-year growth of 10.60% [3] Group 2: Asset Management Structure - The asset management structure remains diversified, with 70.56% of the managed funds being insurance funds, while 5.95% are third-party insurance funds [3] - The companies manage approximately 7.8 trillion yuan in external funds, including 3.96 trillion yuan from banks and 2.93 trillion yuan from pensions [3] Group 3: Revenue and Performance - The total revenue of the 34 companies in 2024 was 31.83 billion yuan, with a year-on-year growth rate of 7.31% [4] - The unit revenue has been declining for four consecutive years, with the average management fee rate dropping to 10.29 basis points [4][6] Group 4: Business Segment Analysis - The specialized account business generated 18.21 billion yuan in revenue, accounting for 57.45% of total revenue, with a growth rate of 19.21% [5] - The debt investment plan saw a revenue decline of 16.82%, while the equity investment plan grew by 9.99% [5] Group 5: Workforce and Productivity - The total number of employees in the 34 companies reached 7,631, marking a growth of 132 employees or 1.76% year-on-year [7] - The average management scale per employee was 4.36 billion yuan, with an average revenue per employee of 4.17 million yuan, both showing positive growth trends [7]

Group 1 - The total scale of insurance asset management in China reached 33.3 trillion yuan in 2024, with a year-on-year growth of 10.6% [2] - The total investment assets managed by insurance asset management companies amounted to 32.68 trillion yuan, reflecting a significant year-on-year increase of 25% [2] - Among the major asset categories, stocks showed the highest growth rate at 36%, followed by financial products at 31% and bonds at 28% [2] Group 2 - The total scale of ETFs in China increased by nearly 2 trillion yuan since the beginning of the year, reaching 5.69 trillion yuan as of November 21 [3] - Stock ETFs experienced the highest growth in scale, with several broad-based ETFs increasing by over 50 billion yuan [3] Group 3 - Several cross-border ETFs have recently shown varying degrees of premium in the secondary market, with notable products including the E Fund MSCI US 50 ETF and the Southern S&P 500 ETF [4] - The exchanges have issued premium alerts for multiple cross-border ETFs, indicating increased investor interest [4] Group 4 - The Shanghai Stock Exchange has revised its self-regulatory rules for index funds, streamlining the process and eliminating preliminary steps while maintaining core admission standards [5] - The new guidelines reflect improvements over previous versions, particularly in the submission logic for materials prior to index fund listings [5] Group 5 - A total of 48 growth-oriented funds have distributed over 3.56 billion yuan in dividends this year, with 25 of these funds implementing dividends for the first time in three years [6] - The dividends from growth-style funds primarily stem from capital gains through stock sales rather than income from high-dividend stocks [6] Group 6 - Several public fund companies have announced adjustments to the risk levels of their products, with most funds experiencing an increase in risk ratings [7] - Notable fund companies making these adjustments include Shenwan Hongyuan Fund, Great Wall Fund, and Huatai-PineBridge Fund [7]

Core Insights - The report reveals the overall development of 34 insurance asset management companies in China, highlighting their operational performance, business trends, and workforce situation [1] Management Scale - As of the end of 2024, there are 35 insurance asset management companies in China, with 10 companies managing over 900 billion yuan [2] - The total asset management scale of these companies reached 33.30 trillion yuan, a year-on-year increase of 10.60% [4] - The structure of managed funds is diversified, with 70.56% being insurance funds and 5.95% third-party insurance funds [4] Third-Party Funds - 25 out of 34 companies manage third-party funds, with 12 companies having over 50% of their managed funds from third parties [6] Revenue and Performance - The total revenue of the 34 companies reached 31.83 billion yuan in 2024, with a year-on-year growth rate of 7.31% [7] - The unit revenue per scale decreased to 10.29 basis points, marking a continuous decline for four years [7] Business Segmentation - In 2024, the income from specialized accounts reached 18.21 billion yuan, with a growth rate of 19.21%, accounting for 57.45% of total income [9] - The income from debt investment plans decreased by 16.82%, while income from equity investment plans grew by 9.99% [9] Workforce and Productivity - The total number of employees in the insurance asset management industry reached 7,631, with a year-on-year increase of 132 [11] - The average management scale per employee was 4.364 billion yuan, showing a recovery in growth rate compared to the previous year [13]

Core Insights - The overall investment return rate of insurance asset management institutions in China for 2024 is significantly higher than in 2023, with 61.8% of institutions achieving a return rate exceeding 5% compared to only 15.6% in the previous year [1][2]. Group 1: Investment Performance - Ten institutions have a comprehensive investment return rate exceeding 8% as of the end of 2024, with 21 institutions achieving a return rate above 5% [2]. - The financial investment return rate for 18 institutions surpassed 3.5%, representing 52.9% of the total, an increase from 40.6% in 2023 [2]. Group 2: Asset Allocation - The total investment asset scale of insurance asset management institutions reached 32.68 trillion yuan in 2024, a year-on-year increase of 25% [3]. - The allocation of assets includes 15.18 trillion yuan in bonds (46%), 6.66 trillion yuan in financial products (20%), 4.46 trillion yuan in bank deposits (14%), 2.17 trillion yuan in stocks (7%), 1.27 trillion yuan in public funds (4%), and 429.9 billion yuan in equity (1%) [3]. - The fastest growth in asset allocation was seen in stocks, with a year-on-year increase of 36%, followed by financial products at 31% and bonds at 28% [3]. Group 3: Third-Party Fund Management - The total asset management scale of 34 insurance asset management institutions reached 33.30 trillion yuan by the end of 2024, reflecting a year-on-year growth of 10.60% [4]. - Insurance funds still dominate the management, with 70.56% coming from internal sources, while external funds include 3.96 trillion yuan from banks (11.91%) and 2.93 trillion yuan from pensions (8.78%) [4]. - Among the 34 institutions, 25 manage third-party funds, with 12 institutions having third-party fund management exceeding 50% of their total assets [4]. Group 4: Competitive Strategy - To enhance the core competitiveness in managing third-party funds, institutions need to transition from "internal fund managers" to "market competitors" [5]. - Understanding diverse client needs and providing customized asset allocation solutions is essential for success in managing third-party funds [5][6].

中国银行保险资产管理业协会近日披露34家保险资管机构的最新成绩单。数据显示，2024年，保险资管 机构整体投资收益率显著高于2023年。其中，21家机构2024年综合投资收益率超过5%，占比61.8%，远 高于2023年的15.6%。 10家机构综合投资收益率超8% 截至2024年底，管理资产规模在9000亿元以上的超大型保险资管机构有10家，较2023年增加1家；管理 资产规模在4000亿元到9000亿元之间的大型保险资管机构有6家，与2023年持平。 从投资收益率来看，34家保险资管机构中，去年21家综合投资收益率超过5%，其中10家机构综合投资 收益率超过8%。同时，18家机构财务投资收益率超过3.5%，占比52.9%，高于2023年的40.6%。 燕梳资管创始人之一鲁晓岳对《证券日报》记者分析道，2024年，保险资管行业综合口径收益率维持高 位，一方面与行业持有较多以市值计量的长久期债券有关，债券收益率持续下行，提升保险资管机构的 资本利得。行业的综合投资收益率与中债10年以上财富指数相关性明显，显示出行业在债券投资上具有 一定优势，能够获得相对稳定的固息收益。另一方面，去年9月份一系列支持资本市场发 ...

在"双碳"目标引领下，保险资金因其规模大、期限长的特点，成为绿色金融体系中不可或缺的力量。工 银安盛资管作为我国加快保险业对外开放进程以来第一家正式开业的合资保险资管公司，始终牢记践行 金融服务实体经济的责任与使命，积极发挥银行系保险资管禀赋优势，响应国家绿色发展战略，将ESG 理念全面融入投研决策与资产配置流程，持续拓展绿色投资边界，服务实体经济实现绿色转型。 面向未来，工银安盛资管将继续秉持高价值成长的发展理念，持续提升绿色资产管理与产品创新能力， 坚持把绿色金融做深做细，拓展可持续发展路径，为保险资金服务国家战略与实体经济注入更多绿色动 能。（CIS） 2025年11月20日，由证券时报社主办的2025中国金融机构年会暨中国保险资产负债管理年会在深圳成功 举行。会上揭晓了第十届中国保险业方舟奖评选结果，工银安盛资产管理有限公司（简称"工银安盛资 管"）发行的"广州开发区绿色基础设施债权投资计划"项目荣膺"2025保险业绿色金融实践方舟奖"，这 也是工银安盛资管自2022年以来连续四年获评方舟奖。 "中国保险业方舟奖"是目前国内保险行业规模最大且最具影响力的品牌活动之一，凭借其高度的公正 性、专业性和权威 ...