Core Viewpoint - The current research value of the predetermined interest rate for ordinary life insurance products has dropped to 2.13%, marking the first decline below 2.25% [2][3]. Group 1: Predetermined Interest Rate Research Value - The predetermined interest rate research value for ordinary life insurance products is now 2.13% [2][3]. - The maximum predetermined interest rate for traditional insurance products remains at 2.5%, which does not require adjustment at this time [2][9]. - The predetermined interest rate research value has decreased from 2.34% earlier this year, exceeding the 25 basis points threshold compared to the latest value [8]. Group 2: Regulatory Framework and Adjustments - A notification from the Financial Regulatory Bureau established a mechanism linking predetermined interest rates to market rates, with the maximum predetermined interest rate set at 0.25% increments [4]. - If the maximum predetermined interest rate for ordinary life insurance products exceeds the research value by 25 basis points for two consecutive quarters, it must be adjusted downwards within two months [5]. - Conversely, if the maximum predetermined interest rate is below the research value by 25 basis points for two consecutive quarters, it may be adjusted upwards, but not exceeding the research value [6]. Group 3: Industry Response and Future Outlook - Insurance companies are advised to closely monitor macroeconomic conditions and the trends of the predetermined interest rate research value to adjust product pricing accordingly [11]. - If the next quarter's research value remains below 2.25%, the maximum predetermined interest rate will be reduced by at least 25 basis points [10].