业内人士认为，在利率下行背景下，分红型保险产品正凭借其风险分散与收益弹性的双重优势，逐步成 为市场主流发展方向。此外，保险机构正积极通过开发与健康管理、养老服务深度融合的综合解决方 案，进一步提升个人养老金产品的整体吸引力。 随着个人养老金制度深化，产品供给格局日渐清晰。最新数据显示，在118款在售个人养老金保险产品 中，年金保险以近六成数量占据主导地位；超四成为分红型保险产品，它们通过"保证+浮动"的收益模 式，既为投资者提供了更具弹性的收益空间，又帮助保险公司实现了与投保人的风险共担。 据悉，分红型产品的客户利益分为"保证"和"浮动"两部分，保险公司需要将运营收益的大部分(不低于 70%)与保单持有者共享，投资者既可获得稳定的保证利益，又可从保险公司的投资经营成果中获得浮 动利益，使得未来利益更有弹性。 "以前会购买固定收益的年金险产品，现在会考虑购买分红型产品，因为这类产品的浮动利益部分可能 带来更高收益。"一位投资者称。业内人士表示，对保险公司而言，在利率下行背景下，推出分红型产 品有助于缓解传统固定收益类产品所带来的利差损风险，此类产品通过收益浮动机制实现了与投保人的 风险共担，同时也有助于产品实现 ...

随着个人养老金制度深化，产品供给格局日渐清晰。最新数据显示，在118款在售个人养老金保险产品 中，年金保险以近六成数量占据主导地位；超四成为分红型保险产品，它们通过"保证+浮动"的收益模 式，既为投资者提供了更具弹性的收益空间，又帮助保险公司实现了与投保人的风险共担。 业内人士认为，在利率下行背景下，分红型保险产品正凭借其风险分散与收益弹性的双重优势，逐步成 为市场主流发展方向。此外，保险机构正积极通过开发与健康管理、养老服务深度融合的综合解决方 案，进一步提升个人养老金产品的整体吸引力。 年金保险占主导 国家社会保险公共服务平台公布的个人养老金产品目录显示，截至11月24日，个人养老金保险产品共计 推出437款，其中在售产品118款。 目前个人养老金保险产品可以分为三种类型：专属商业养老保险、两全保险和年金保险。"专属商业养 老保险以养老风险保障和资金管理为核心，采用'保底+浮动'的收益模式；两全保险是兼具'生存金领 取'与'身故保障'双重功能的产品，其中传统型提供稳定保障，分红型兼顾保底收益与浮动分红；年金保 险则是当投保人按期缴费后，保险公司以被保险人生存为条件，定期（如年/月）给付保险金的生存保 险。 ...

11月20日，2025年金融机构年会暨2025中国保险业资产负债管理年会在深圳召开，会上揭晓了由证券时报社主办，备受业界瞩目的第九届中国保险业方舟奖评选结 果，工银安盛人寿凭借"养老生态建设项目"，成功蝉联"2025保险业养老金融实践方舟奖"。 "方舟奖"评选活动是财经媒体中影响力最大、最具口碑的评选之一，本届评选注重高质量发展、服务实体经济等维度，关注行业在金融"五篇大文章"的实践，旨在 表彰全行业机构在提升专业能力、彰显保险价值上的卓越努力与显著进步。工银安盛人寿的再次获奖，是对其在养老金融领域深耕细作与创新突破的高度认可。 近年来，工银安盛人寿深入贯彻党中央、国务院关于加强新时代老龄工作部署，深耕"五篇大文章"养老金融领域，致力于打造以支付为核心，覆盖客户全生命周期 的"保险+"养老综合服务新生态。 聚焦刚需，多元产品矩阵支撑养老保障：工银安盛聚焦养老刚需市场，发力产品供给侧的创新研究，持续丰富商保年金产品矩阵，形成覆盖养老年金保险、两全保 险、分红型年金保险、专属商业养老保险的多元产品体系，满足差异化养老保障需求。同时开发上市孝行保防癌医疗保险、盛安康25B款长期护理保险等适老健康 保障类产品新品类， ...

Core Insights - China Life Group is focusing on inclusive finance, enhancing the diversity, inclusiveness, and accessibility of financial services for key groups such as small and micro enterprises and rural revitalization [2] Group 1: Insurance Products and Services - China Life has developed various inclusive insurance products, including critical illness insurance, long-term care insurance, customized commercial health insurance, tax-advantaged health insurance, tax-deferred pension insurance, exclusive commercial pension insurance, and accident insurance [2] - The company is currently involved in over 200 critical illness insurance projects and more than 140 customized commercial health insurance projects, and has launched its first long-term disability income loss insurance [2] Group 2: Support for Specific Groups - China Life Property & Casualty Insurance has launched the "Hui Jun Bao" project for medical insurance for retired military personnel, providing risk coverage for over 18.27 million retired military personnel and their families, amounting to nearly 61 trillion yuan since 2022 [2] - The "Hui Gong Bao" project targets frontline workers, offering risk coverage exceeding 3.8 trillion yuan for nearly 1.3 million workers and their families [2] Group 3: Support for Small and Micro Enterprises - By the third quarter of 2025, China Life Property & Casualty Insurance has served over 6,000 specialized "little giant" enterprises, handling over 1.2 million claims with total payouts exceeding 6.5 billion yuan [3] - The company has insured over 10 million acres of major crops such as rice, wheat, and corn, providing risk coverage exceeding 100 billion yuan for various risks including disaster, disease, price, yield, and income [3]

Core Insights - The personal pension insurance market has evolved significantly over the past three years, with the number of products exceeding 400, and 118 currently available for sale, indicating a shift from scarcity to abundance in product offerings [1][3] - The market is witnessing a transformation from fixed-income products to a diverse range of floating-income products, which now account for over 40% of the available offerings, reflecting changing consumer preferences and market dynamics [1][4] Product Development - Since the pilot program began, the number of personal pension insurance products has expanded to 437, with over 20 insurance companies participating, including major players like China Life and PICC Life [3][4] - The types of products available have diversified, focusing on whole life insurance, annuity insurance, and dedicated commercial pension insurance, with many now offering floating income options [4][5] Market Trends - The introduction of floating income products is seen as a response to the need for more flexible investment options that can better combat inflation, providing a "guaranteed + floating" income model [5][6] - As of 2024, 70% of dedicated commercial pension insurance products maintain a settlement interest rate above 3%, with some exceeding 4%, indicating a competitive market for returns [4][6] Consumer Engagement - Despite the growth in product offerings, actual participation and sustained payment willingness remain low, highlighting a gap between product availability and consumer engagement [7][8] - Key challenges include insufficient product attractiveness, lack of investor education on floating income products, and a mismatch between long-term investment commitments and consumer liquidity preferences [7][8] Future Directions - Industry experts suggest that to enhance product appeal and stimulate ongoing contributions, insurance companies should innovate by integrating health management and retirement services into their offerings [8] - A shift from viewing personal pensions as mere financial investments to comprehensive solutions that enhance quality of life is essential for increasing consumer trust and participation [8][9]

近日，广东省地方金融管理局印发《广东省推动养老金融高质量发展的实施方案》。 该方案提出了广东省养老金融工作目标——到2028年，广东特色养老金融体系基本建立；到"十五五"规 划末，基本实现养老金融和养老事业、银发经济高质量发展的良性循环。 近期，各地陆续出台一系列新政，部署养老金融在"十五五"规划中的重点任务。记者调研发现，各地均 强调银行业在做好养老金融大文章中的重要作用，而银行业在养老金融市场中也存在诸多潜在机遇。 各地实施方案指引方向 此前，国家金融监督管理总局办公厅印发了《银行业保险业养老金融高质量发展实施方案》。各地积极 响应，纷纷结合当地实际出台具体实施方案。中国证券报记者梳理后发现，北京、重庆、广东等多地行 动方案均强调了银行业在做好养老金融大文章中的重要作用。 北京市支持银行机构为养老机构、区域养老服务中心和社区养老服务驿站建设，开发符合其经营特点的 中长期信贷创新产品，支持银行机构积极用好各类政策，为银发经济市场主体创新创业提供低成本、低 门槛、更友好的金融产品和服务。 重庆市鼓励银行信贷支持纳入"城市更新"的社区适老改造、智慧养老设备研发制造，以及利用存量场所 改建养老服务设施等领域发展。 ...

近日，广东省地方金融管理局印发《广东省推动养老金融高质量发展的实施方案》。 该方案提出了广东省养老金融工作目标——到2028年，广东特色养老金融体系基本建立；到"十五五"规 划末，基本实现养老金融和养老事业、银发经济高质量发展的良性循环。 近期，各地陆续出台一系列新政，部署养老金融在"十五五"规划中的重点任务。记者调研发现，各地均 强调银行业在做好养老金融大文章中的重要作用，而银行业在养老金融市场中也存在诸多潜在机遇。 北京市出台的指导意见提出，稳步推进银行保险机构丰富具有国家税收优惠政策支持的个人养老金产 品、专属商业养老保险、养老理财产品、养老保险公司商业养老金等第三支柱金融产品供给。 重庆市鼓励金融机构为老年群众开通金融服务"绿色通道"，支持银行机构创新覆盖主要养老消费场景 的"老年特色银行卡服务"应用模式。 此外，银行业对于养老体系建设、银发经济的赋能作用不可或缺。 北京市支持银行机构为养老机构、区域养老服务中心和社区养老服务驿站建设，开发符合其经营特点的 中长期信贷创新产品，支持银行机构积极用好各类政策，为银发经济市场主体创新创业提供低成本、低 门槛、更友好的金融产品和服务。 重庆市鼓励银行信贷支持 ...

Core Insights - The article emphasizes the importance of elderly healthcare and pension services, highlighting the role of pension finance in providing better services for the aging population [1] - It discusses the development of a multi-tiered pension insurance system as outlined in the national economic and social development plan [1] Financial Product Optimization - The introduction of flexible commercial pension insurance products has made it easier for individuals to invest in their retirement, with options starting as low as 100 yuan per month [5][6] - The growth in the number of young people purchasing pension insurance indicates an increasing awareness of the need for retirement planning [6] Long-term Care Insurance - Long-term care insurance has been effective in alleviating the financial burden on families caring for disabled elderly individuals, with significant monthly payouts helping to cover care costs [8][10] - The implementation of long-term care insurance has reached nearly 190 million people, with over 100 billion yuan in funds raised [10] Community and Home-based Elderly Care - Community-based elderly care services are gaining popularity, providing a supportive environment close to family, which helps reduce feelings of loneliness among seniors [13][14] - Financial institutions are exploring new service models to enhance home-based elderly care, integrating various healthcare services to improve care quality [15] Financial Support for Elderly Care Facilities - Low-cost credit funding has significantly supported the construction of elderly care facilities, allowing for more affordable services for seniors [16][17] - The collaboration between various financial institutions and social organizations is crucial for the sustainable development of elderly care services [18]

Core Viewpoint - The article emphasizes the importance of developing a comprehensive pension finance system to meet the diverse needs of the aging population in China, highlighting recent innovations in pension products and services that cater to various demographics [7][9][12]. Group 1: Pension Finance Development - The Chinese government is focusing on enhancing the pension finance system as part of its economic and social development plans, aiming to create a multi-tiered pension insurance system [7][9]. - Financial institutions are increasingly diversifying their pension products to better meet the varied needs of different demographic groups, including young professionals and gig economy workers [9][12]. - The introduction of exclusive commercial pension insurance products has made it easier for individuals to invest in their retirement, with flexible payment options starting as low as 100 yuan per month [11][12]. Group 2: Long-term Care Insurance - Long-term care insurance (LTCI) has been implemented to alleviate the financial burden on families caring for disabled elderly individuals, with significant government support and funding [15][16]. - LTCI has shown positive results, covering nearly 190 million people and accumulating over 100 billion yuan in funds, with substantial payouts to beneficiaries [15][16]. - The program not only supports elderly care but also stimulates job creation and investment in the elder care industry, with over 30,000 care service personnel employed [16][20]. Group 3: Community and Home-based Elderly Care - Community-based elderly care services are gaining popularity, providing a supportive environment close to family, which enhances the quality of life for seniors [17][18]. - Financial institutions are exploring innovative service models for home-based elderly care, integrating healthcare and rehabilitation services to improve care quality [19][20]. - The collaboration between insurance companies and community services is crucial for expanding the availability of quality elderly care, ensuring that financial products align with the actual needs of the elderly population [18][19]. Group 4: Financial Support for Elderly Care Facilities - Financial institutions are playing a vital role in supporting the construction and operation of elderly care facilities through low-cost loans and social donations [20][21]. - The model of combining government support, social donations, and market operations is being adopted to enhance the sustainability of elderly care services [21][22]. - Challenges remain in financing elderly care services, particularly regarding the risk assessment of service providers, necessitating improved risk-sharing mechanisms [22].

Core Insights - The article emphasizes the importance of elderly healthcare and pension services, highlighting the role of pension finance in providing better services for the aging population [1] - It discusses the development of a multi-tiered pension insurance system as proposed in the 15th Five-Year Plan, focusing on the diversification of financial products to meet varying needs [1][4] Financial Product Optimization - The introduction of exclusive commercial pension insurance in Chongqing allows individuals to invest with lower premiums and flexible payment options, reflecting a shift towards more accessible pension products [3][4] - The growth in the number of young people purchasing pension insurance indicates an increasing awareness and proactive planning for retirement among younger demographics [4][5] Long-Term Care Insurance (LTCI) - LTCI has been implemented to alleviate the financial burden on families caring for disabled elderly individuals, with significant government support and funding [6][7] - The LTCI program has covered nearly 190 million people, with over 100 billion yuan raised and more than 85 billion yuan spent on benefits, demonstrating its impact on reducing care costs [7][8] Community and Home-Based Elderly Care - Community-based elderly care services are being enhanced, providing a comfortable and supportive environment for seniors, which is preferred over institutional care [10][11] - Financial institutions are exploring home care service models, integrating various resources to improve service quality for elderly clients [11][12] Financial Support for Elderly Care Facilities - Low-cost credit funding has significantly supported the construction of elderly care facilities, allowing for a balance between public welfare and sustainable development [13][14] - The collaboration between different financial institutions and social entities is crucial for the growth of the elderly care sector, ensuring quality services are accessible to more seniors [15][16]