Core Insights - Insurance capital is actively exploring new methods to support technology innovation enterprises, transitioning towards a dual-driven model of "patient capital + innovative insurance policies" [1][2] Group 1: Investment Strategies - Insurance funds are diversifying their investment tools, including stocks, bonds, funds, and alternative investments, to support sectors like integrated circuits, artificial intelligence, and biomedicine [1][2] - A comprehensive investment support system has been established, covering the entire financing cycle from seed stage to maturity for technology enterprises [2][3] Group 2: Focus on Emerging Industries - Leading insurance institutions are making significant investments in high-tech sectors, emphasizing the importance of adapting investment strategies to support traditional industry upgrades and the development of emerging industries [3][4] - The long-term nature of insurance capital, with an average liability duration of about 13 years, allows it to provide stable funding for technology enterprises at various growth stages [3][4] Group 3: Investment Management Capabilities - Insurance capital needs to enhance its investment management capabilities to align with the development of new productive forces, including establishing a research and assessment system tailored for early-stage and hard technology investments [4][5] - A deep understanding of industry trends and precise project selection are essential for insurance institutions to effectively support innovation and address challenges faced by invested companies [4][5] Group 4: Insurance Products for Innovation - The insurance industry is expanding its product offerings to provide comprehensive risk coverage for high-tech enterprises, facilitating the transition of technology innovations from laboratories to production lines [6][7] - New insurance products are being developed for emerging fields such as integrated circuits, low-altitude economy, and commercial aerospace, reflecting a proactive approach to risk management in technology sectors [6][7] Group 5: Policy Support and Market Dynamics - Local governments are introducing policies to encourage insurance institutions to engage in research and innovation in cutting-edge technologies, creating a stable foundation for technology insurance [6][7] - The insurance mechanism's early involvement in the innovation process is crucial for stabilizing the pace of technological advancements and ensuring sustainable development [6][7]

● 本报记者 薛瑾 步入2026年，保险资金积极探索服务科创企业的新思路、新方法，加大对前沿领域与新兴产业的支持力 度，展现出加快向"耐心资本+创新保单"双轮驱动模式演进的态势。 业内人士表示，在资金端，险资不断丰富"工具箱"，通过股、债、基、另类等工具，为集成电路、人工 智能、生物医药等赛道注入"耐心资本"，构建起全周期投融资支持体系。在产品端，科技保险持续迭 代，正在重新定义在培育新质生产力过程中的价值，保障链条从研发拓展至产业化全流程，针对人形机 器人、商业航天、低空经济、生成式AI等前沿场景，提供定制化"创新保单"，延展共保体机制，为企业 创新提供关键的风险"减震器"。 投新投未来 当前，在政策引导下，险资通过"直接+间接"方式覆盖科创企业投资，形成了包括股、债、基、另类等 工具在内的多元化投资布局，（下转A02版） （上接A01版）覆盖了人工智能、半导体、高端制造、新材料、新能源等诸多领域。业内人士表示，通 过多元工具矩阵，险资基本构建起从种子期、初创期、成长期到成熟期的全周期投融资支持体系。 头部险资机构已率先在投资新质生产力方面进行了全方位深度布局。 "不能再用旧瓶装新酒。"新华资产相关负责人表 ...