专属商业养老保险2025年成绩单陆续揭晓。1月11日，北京商报记者注意到，多家人身险公司已在官网 披露最新的专属商业养老保险结算利率。去年专属商业养老保险产品结算利率集中在0.75%—4.02%， 多数产品的结算利率在3%及以上，个别产品的结算利率超过4%。在预定利率整体下行的行业趋势下， 专属商业养老保险交出了一份颇具竞争力的成绩单。 作为我国多层次养老保险体系第三支柱的重要组成部分，专属商业养老保险自2021年试点以来，历经区 域扩围、业务常态化等发展阶段，已成为补充居民长期养老储备的重要产品体系。业内人士表示，专属 商业养老保险产品具有投保便捷、缴费灵活、收益稳健等特点，且养老保险市场潜在需求在增加，尤其 是在人口老龄化趋势下，专属商业养老保险的发展具有潜力。 作为养老保险体系第三支柱的重要组成部分，专属商业养老保险是一种资金长期锁定，专门用于个人养 老保障的保险产品，具有投保简便、缴费灵活、收益稳健等特点。 从产品设计来看，专属商业养老保险分为积累期和领取期两个阶段。积累期采取"保证+浮动"的收益模 式，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。 据北京商报记者不完全统计，当前已 ...

专属商业养老保险2025年成绩单陆续揭晓。1月11日，北京商报记者注意到，多家人身险公司已在官网 披露最新的专属商业养老保险结算利率。去年专属商业养老保险产品结算利率集中在0.75%—4.02%， 多数产品的结算利率在3%及以上，个别产品的结算利率超过4%。在预定利率整体下行的行业趋势下， 专属商业养老保险交出了一份颇具竞争力的成绩单。 作为我国多层次养老保险体系第三支柱的重要组成部分，专属商业养老保险自2021年试点以来，历经区 域扩围、业务常态化等发展阶段，已成为补充居民长期养老储备的重要产品体系。业内人士表示，专属 商业养老保险产品具有投保便捷、缴费灵活、收益稳健等特点，且养老保险市场潜在需求在增加，尤其 是在人口老龄化趋势下，专属商业养老保险的发展具有潜力。 整体表现稳健 作为养老保险体系第三支柱的重要组成部分，专属商业养老保险是一种资金长期锁定，专门用于个人养 老保障的保险产品，具有投保简便、缴费灵活、收益稳健等特点。 从产品设计来看，专属商业养老保险分为积累期和领取期两个阶段。积累期采取"保证+浮动"的收益模 式，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。 生（智享版）专属商 ...

Group 1 - The insurance industry in China has made significant strides in high-quality development, addressing gaps in insurance coverage and enhancing supply in weak areas [1] - A platform called "Car Insurance Good to Insure" was established to tackle the high claim rates and data inadequacies in new energy vehicle insurance, providing coverage for over 1.1 million vehicles with a total insured amount of 1.1 trillion yuan [1] - The platform has expanded to include high-risk fuel-operated vehicles, further alleviating insurance difficulties for trucks and taxis [1] Group 2 - The insurance sector is actively aligning with emerging industries, providing customized insurance solutions to mitigate risks associated with technological innovation, with over 10 trillion yuan in risk coverage provided during the 14th Five-Year Plan [2] - The industry has supported 3,600 innovative application projects through insurance, enhancing corporate innovation capabilities [2] Group 3 - The insurance industry has focused on new citizens and the elderly, launching specialized insurance products to meet the needs of gig economy workers and providing essential coverage for accidents and injuries [3] - There has been an expansion of commercial pension products and long-term care insurance for the elderly, addressing the financial pressures faced by the aging population [3] Group 4 - The insurance industry has contributed to rural revitalization by offering diverse insurance products like "anti-poverty insurance" and complete cost insurance for staple grains, providing risk coverage for 800 million farming households [4] - The increase in insurance supply is not just about product quantity but also requires ongoing improvements in service quality, claims efficiency, and risk pricing [4]

一、顶层设计：政策引领+监管重构 不只是过去5年，即便是在整个中国金融历史进程中，2023年都是至关重要的一年。这一年，银保监会 成为历史，国家金融监督管理总局正式成立，确立了"一行一局一会"金融监管新格局。 这场改革绝非简单的机构撤并与职能划转，而是中国金融监管理念、监管模式的根本性重塑。它彻底打 破了过去以机构属性为边界的监管分割，实现了从"机构监管"向"功能监管"的深刻转型，监管视角穿透 业务表象直抵风险本源，监管力度从"表面合规"向"实质风险管控"全面升级。 这一变革不仅理顺了跨领域、跨市场金融业务的监管权责，更以专业化、权威化的监管架构，清除了行 业发展中的体制性堵点，为保险业乃至整个金融业的规范健康发展筑牢了制度根基。 曾国军｜文 2021-2025年，注定是中国保险业发展史上具有重要意义的五年。 这五年，中国保险业站在"金融强国"战略的历史节点上，完成了从规模扩张到价值重塑的关键跨越。当 前，中国已是全球第二大保险市场，行业面临的不再是"做大"的焦虑，而是"做强"的拷问：如何在利率 下行周期中守住利差损风险底线？如何将保险功能从经济补偿升维至社会稳定器？又如何在科技革命浪 潮中重塑核心竞争力？ ...

一周内 多家上市险企创新高 ②外部机遇叠加 资负两端压力缓解 分红险发力、养老需求增长 ③资本市场 对上市险企看好的背后 是预期的转变、对头部的信心 1 时隔5年 五大险企市值超3万亿 ①新华、太保：创历史新高 平安、人保：创近年来新高 更重要的是，时隔五年，上市保险公司终于走出低谷，市值重回顶峰！ 截止目前，五大上市险企的总市值已经超过3.3万亿，较上年同期增长约2 9%，近两年 累计涨幅约8 5%。 甚至，资本市场对保险公司的讨论热度也明显提升... 有人表示"保险公司的股东们苦尽甘来"，也有人说"之前的银行感觉要换成保险了"。 时隔5年 五大险企 市值超3万亿 新华、太保：创历史新高 | 保险股 √ | 当前价 ◆ | 涨跌幅 ◆ | 成交量 $ | 总市值 ◆ 年初至今 ◆ | | --- | --- | --- | --- | --- | | 中国太保 | 42.64 | +1.14 (+2.75%) | 33.95万手 | 4102.11亿 +28.80% | | SH601601 | | | | | | 中国平安 | 70.80 | +1.77 (+2.56%) 77.79万手 | | 1.28 ...

Core Viewpoint - The "14th Five-Year Plan" has set a direction for financial institutions, including insurance companies, to achieve high-quality development, emphasizing the importance of reform and innovation in the insurance industry [1][2]. Industry Opportunities - The insurance industry is poised to benefit from four strategic opportunities: 1. **Pension Finance Opportunity**: The aging population and the continuous release of policy dividends for the third pillar of pension will drive the integration of long-term insurance products with health and wellness services [3]. 2. **Health Insurance Opportunity**: The advancement of the Healthy China strategy and deepening of medical insurance reforms will expand the market for commercial health insurance [3]. 3. **Wealth Management Opportunity**: Insurance products, due to their stable long-term value appreciation and inheritance functions, will become more attractive for wealth management [3]. 4. **National Strategy Service Opportunity**: Insurance funds can support the real economy and strategic emerging industries, focusing on intelligent, green, and integrated development [3]. Company Strategy - The company is committed to the "Big Insurance Concept" and aims to strengthen its position as a state-owned financial enterprise by implementing the "New Ten Policies" of the insurance industry [3]. - The strategic direction includes a customer-centric approach, emphasizing team development and employee partnership [3]. Reform and Development - The company will focus on systematic, professional, and market-oriented reforms, enhancing the "insurance + investment + service" model [4]. - It aims to be a "guardian" of customer service by diversifying its insurance product offerings to meet the full lifecycle needs of customers [4]. Financial Support and Investment - The company plans to leverage its long-term capital advantages to support technological innovation, green transformation, and inclusive finance [5][6]. - Investments in technology sectors such as semiconductors and AI are prioritized, with a target investment balance exceeding 90 billion yuan by Q3 2025, reflecting a 20% year-on-year increase [5]. - In green finance, the company has invested over 100 billion yuan in clean energy and environmental protection projects by Q3 2025 [6]. Health and Pension Services - The company is enhancing its product offerings in health and pension sectors to address the growing societal needs, including innovative solutions for elderly care and integrated health services [7][8]. - It is actively participating in the construction of a multi-tiered pension system, focusing on enterprise annuities and personal pension products [8]. Governance and Leadership - The company emphasizes the importance of high-quality party leadership to guide its development, ensuring alignment with national policies and reforms [9][10]. - A focus on political construction and strict governance is intended to foster a positive political ecology and drive reform [10].

Core Viewpoint - 中信保诚人寿 has been recognized as an outstanding competitive foreign-funded insurance company, reflecting its commitment to long-termism and high-quality development in a complex market environment [1][6]. Financial Performance - In the first three quarters of 2025, 中信保诚人寿 achieved insurance business revenue of 2.7833 billion yuan, a year-on-year increase of 17%, and a net profit of 314 million yuan [3]. - The company's core and comprehensive solvency adequacy ratios remain well above regulatory requirements, and it maintains the highest AAA credit rating [3]. Business Transformation and Product Innovation - 中信保诚人寿 has been at the forefront of business transformation and product innovation, developing a diversified pension financial product matrix to meet the needs of an aging society [4]. - The company has launched its first "insurance + trust + pension" comprehensive service for high-net-worth clients, integrating asset management, wealth inheritance, and quality pension solutions [4]. Service Ecosystem and Digital Transformation - The company has upgraded its service ecosystem, creating a "healthcare and wealth nurturing" service system that provides 24/7 responses and has partnered with over 47 elderly care and travel institutions [5]. - 中信保诚人寿 is embracing digital transformation by applying AI technology in investment decision-making and customer service, enhancing efficiency and precision [5]. Social Responsibility and Sustainable Development - 中信保诚人寿 has actively engaged in social responsibility, donating over 45.4 million yuan to public welfare and sending 7,630 volunteers for various community services [5]. - The company is also investing in carbon neutrality-related fields to support China's green transition, aligning its development with social needs [5]. Future Outlook - Moving forward, 中信保诚人寿 aims to leverage shareholder advantages and deepen the integration of finance, technology, and services, continuing to innovate in pension finance, health protection, and wealth management [6].

冯润桓认为，年轻人很容易出现现时偏差（PresentBias），也就是说比较关注眼前的事情，不愿意做长 远的规划。养老准备问题常被认为"很重要但不紧急"，所以有些人的主动规划意识不足。他认为，养老 规划包含几个方面，一是养老金的规划，有足够的钱可以在退休后保持原来的生活品质；二是健康规 划，有没有足够的资金支付医疗的开支，有没有买百万医疗、重疾等健康险产品等；三是传承规划，随 着年龄的增长、身体机能的衰落，需要很多长期护理的医疗服务，这就涉及未来我们的养老资产如何在 有限的晚年合理地分配和使用。 个人养老金产品如何购买 12月初，工商银行将3年期大额存单起存门槛从行业常规的20万元升至100万元，但年利率与50元起存的 普通定存持平，均为1.55%。11月以来，多家国有大行相继下架5年期大额存单，3年期存款产品利率普 遍降至1.5%至1.75%区间，部分中小银行取消3年期、5年期普通定期存款。在存款利率持续下行的背景 下，"钱袋子"如何保值增值，养老规划该怎么做，成为年轻人关注的焦点问题之一。 年轻群体转向分散理财模式 某社交平台理财达人孙女士向北京青年报记者表示，过去大家认为存够100万元，年利4%至5%， ...

Core Insights - CITIC Prudential Life Insurance was awarded the title of "Outstanding Competitiveness Foreign-Invested Insurance Company" at the 2025 Financial Forum, reflecting industry recognition of its 25 years in the Chinese market and its commitment to "finance for good and serving the people" [1][3] Financial Performance - In the first three quarters of 2025, the company achieved insurance business revenue of 27.833 billion yuan, a year-on-year increase of 17%, and a net profit of 3.14 billion yuan [3] - The company's solvency ratios, both core and comprehensive, exceeded regulatory requirements, and it maintained the highest credit rating of AAA [3] Business Transformation and Innovation - CITIC Prudential has been at the forefront of business transformation and product innovation, developing a diversified pension financial product matrix to meet the needs of an aging society [6] - The company has integrated resources from the CITIC Group to launch a comprehensive service combining insurance, trust, and pension solutions for high-net-worth clients [6] Service Ecosystem and Digital Transformation - The company has established a "healthcare and wealth nurturing" service system, transitioning from "risk compensation" to "service empowerment" [6] - It has implemented a 24/7 home care solution and partnered with over 47 elderly care and travel institutions, covering more than 200 cities [6] - CITIC Prudential has embraced digital transformation by applying AI technology in investment decision-making and customer service, winning the "Insurance Technology Innovation Breakthrough Award" [6] Social Responsibility - The company has donated over 45.4 million yuan to public welfare and sent 7,630 volunteers to provide free assistance and educational services [7] - It actively invests in carbon neutrality-related fields, supporting China's transition to a greener economy [7] Future Outlook - The recognition as an "Outstanding Competitiveness Foreign-Invested Insurance Company" marks a significant milestone in the company's development [7] - The company plans to leverage shareholder advantages and continue innovating in pension finance, health protection, and wealth management to contribute to the high-quality development of the Chinese insurance industry [7]

专题：中国社会科学院社会保障论坛暨《中国养老金发展报告2025》发布式 12月6日金融一线消息，中国社会科学院社会保障论坛暨《中国养老金发展报告2025》发布会今日召 开，新华养老保险股份有限公司战略企划部兼财务部副总经理（主持工作）华勇出席并参加圆桌论坛。 12月6日金融一线消息，中国社会科学院社会保障论坛暨《中国养老金发展报告2025》发布会今日召 开，新华养老保险股份有限公司战略企划部兼财务部副总经理（主持工作）华勇出席并参加圆桌论坛。 针对理想的保险产品，华勇提出两大评判标准："一是脑海里能立马呈现该产品并想掏钱买，二是若有 这类产品，第三支柱覆盖率尤其是新业态人群保障不会是重大难题"，而现实是 "目前还没有这样理想 的产品"。 针对以上问题，华勇认为有两个层面的改进方法。 第一层面在政策方面。建议在政策上，当企业给新业态灵活就业人员购买第三支柱保险、专属商业养老 保险的时候，在税收上给予一定的扣除，使企业有动力为这些"非正式"员工提供保障，让这些新业态人 员也能从中受益；第二，一、二、三支柱要打通；第三，关于税收优惠优惠措施放大一点；第四，在产 品体验要求上，简化既没有道德风险逆选择、又没有误导客户 ...