低利率周期正在引发居民财富管理新范式，"抗风险、稳收益、中长期"的复合需求正成为不少家庭资产配置的核心考虑。 8月底寿险产品将再次下调预定利率，进入9月后，分红型保险逐渐成为市场主流产品类型。分红险产品兼具"人身保障+保证利益+浮动收益"的特性，因"进可攻退可 守"，受到越来越多人的关注。 如何挑选分红险产品？业内人士表示，过往红利实现率、保险公司投资能力是分红险产品的重要参考指标，同时，由于分红险产品往往期限较长，国有大型险企在 品牌优势、服务水平、经营实力等维度则形成重要加分项。 关注红利实现率 分红险指保险公司将实际经营成果产生的盈余，按一定比例向保单持有人进行分配的人身保险产品。根据有关规定，保险公司每年分配给分红险保单持有人的比例 不低于当年可分配盈余的70%。 各保险公司均会在官网公布红利实现率。以新华保险为例，公司公告的数据显示，60余款产品2024年红利实现率超100%。其中，在59款保额分红产品中，56款产品 增额红利实现率达到100%，平均值152%；现金分红7款在售产品红利实现率均超过100%，平均值117%，最高值122%。 还需明确的是，分红险未来派发的红利及红利实现率是不确定的，往 ...

购买《保险新时代2024》 如果把时间轴拉长，过去三年人身险预定利率从3.5%一路下探到2.0%，传统险的"确定给付"被迫缩 水，对消费者的吸引力逐步减弱；与此同时，银行理财"破净"屡见不鲜，货币基金七日年化跌破1.5%已 成常态。 刚性兑付被彻底打破后，投资者发现：真正的"无风险"几乎只剩下国债与存款，而它们的"1字头"收益 已无法覆盖教育、养老、财富传承的真实成本。于是，"保底之上再博一点"成为广大客户的心声。 分红险的独特机制恰好契合了这一诉求：预定利率写进合同，提供托底；每年派发的红利来自公司实际 经营成果，可随投资收益水涨船高；若遇市场波动，又可通过分红特别储备平滑收益，避免大起大落。 广发证券研报指出，低利率环境下，险企负债成本刚性、客户风险偏好下移，分红险既能降低险企利差 损，又能满足居民"稳健+进取"的双重需求，是供需两端的最优解。 换句话说，当"高收益"逐渐让位于"确定性"，分红险就成了资产配置的"缓冲垫"和"放大器"——向下锁 住底线，向上保留想象力。 随着低利率变成持久战，定期存款收益日渐稀薄，银行理财收益持续缩水，越来越多的家庭开始重新勾 勒资产配置的坐标系——既要锁定人生关键节点的现 ...

Group 1 - The core viewpoint of the articles highlights that Xinhua Insurance is significantly increasing its cash dividends for 2024, with a total proposed cash dividend of RMB 78.93 billion, representing a 197.6% increase compared to 2023 [1] - Xinhua Insurance's strong dividend payout is attributed to its high-quality development and its role as a "patient capital" investor, supporting long-term value investments [1] - The company is actively participating in major national projects, leveraging its advantages as a state-controlled insurance company to support green investments and significant regional strategies [1] Group 2 - Xinhua Insurance maintains a balanced approach to asset allocation for its dividend insurance products, focusing on risk and return optimization while ensuring asset-liability matching [2] - The company has achieved a long-term average total investment return rate of 5.1% from 2015 to 2024, with a year-to-date annualized return of 5.7% for the first quarter of 2025 [2] - In addition to investment performance, Xinhua Insurance is enhancing its service offerings for dividend insurance products, including overseas medical assistance and themed salons, to create a comprehensive "insurance + service" ecosystem [2] Group 3 - Since 2025, Xinhua Insurance has strengthened its supply of dividend insurance products, introducing competitive offerings such as the "Shengshi Glory Zhiwin" whole life insurance and "Shengshi Anying" pension annuity insurance [2] - The company emphasizes the integration of lifelong annuities and pension products into personal pension plans, highlighting their roles in wealth management and retirement planning [2] - Xinhua Insurance is diversifying its product portfolio by combining universal life insurance and term life insurance with high-value products to meet customers' needs for wealth appreciation and well-being [2]

Core Viewpoint - Xinhua Insurance has shown strong growth in premium income and is focusing on optimizing its product structure to enhance sustainable development capabilities, particularly through the promotion of dividend insurance products [1][3][4]. Group 1: Financial Performance - In the first five months of 2025, Xinhua Insurance's cumulative original insurance premium income exceeded 99 billion yuan, representing a year-on-year growth of 26% [1]. - The company achieved a net profit of 5.882 billion yuan in the first quarter, reflecting a year-on-year increase of 19% [11]. - Total assets reached 1.75 trillion yuan by the end of the first quarter [11]. Group 2: Business Strategy - Xinhua Insurance is advancing its specialized, market-oriented, and systematic reforms, focusing on a customer-centric service ecosystem and enhancing its product offerings [2]. - The company aims to maintain dual growth in business and value, with a strategic emphasis on optimizing its business and product structure [3]. - The introduction of floating yield insurance products is a key part of the company's strategy to meet diverse customer needs for protection, savings, and asset inheritance [3]. Group 3: Investment Management - Xinhua Insurance has strengthened its investment management capabilities, achieving an annualized total investment return rate of 5.7%, an increase of 1.1 percentage points year-on-year [6]. - The company plans to invest up to 15 billion yuan in the Honghu Fund, demonstrating its commitment to capitalizing on market opportunities [9]. - Xinhua Insurance has actively engaged in value investment by acquiring stakes in quality listed companies and supporting national industrial upgrades [10]. Group 4: Product Development - The company is focusing on the development of dividend insurance products, which are seen as a win-win solution in a low-interest-rate environment [4][5]. - Xinhua Insurance has launched several representative dividend insurance products, including the "Shengshi Rongyao Zhi Ying" whole life insurance and "Shengshi Anying" pension insurance [3]. Group 5: Risk Management and Sustainability - Xinhua Insurance is committed to optimizing its asset-liability management by aligning its investment strategies with its product transformations to mitigate mismatch risks [15]. - The company is enhancing its investment strategies by focusing on long-duration, stable cash flow fixed-income assets while seeking high-quality project opportunities [15].

Core Viewpoint - Xinhua Insurance is committed to a "steady progress" approach, focusing on value and first-year premium business development, achieving significant growth in premium income and new business value in 2025 [1][7]. Group 1: Financial Performance - In the first five months of 2025, Xinhua Insurance achieved premium income of 99.086 billion yuan, a year-on-year increase of 26% [1]. - The total assets surpassed 1.75 trillion yuan in the first quarter, with premium, revenue, and net profit all maintaining double-digit year-on-year growth [1]. - The annualized total investment return rate for the first quarter was 5.7%, an increase of 1.1 percentage points year-on-year [1][7]. - New business value saw a substantial increase of 67.9% [1][7]. Group 2: Strategic Initiatives - Xinhua Insurance actively participates in the construction of a multi-level social security system, underwriting 20 welfare insurance projects in cities like Jiaozuo and Zhengzhou [2]. - The company has provided approximately 1.45 trillion yuan in insurance coverage to over 30,000 corporate clients [2]. - The second pillar annuity business of Xinhua Pension Company grew by 1.7 billion yuan, while the third pillar commercial annuity insurance balance reached 2.1 billion yuan, maintaining industry leadership [2]. Group 3: Customer-Centric Approach - Xinhua Insurance emphasizes a customer-centric strategy, enhancing product offerings and service capabilities [3][4]. - The company has launched new products such as "Medical Insurance Without Worries" to meet diverse healthcare needs [3]. - A comprehensive customer rights system has been upgraded, providing a wide range of services including health, wealth security, and family support [4]. Group 4: Organizational Development - The "XIN Plan" aims to create a comprehensive career growth scheme for agents, enhancing their service and insurance supply capabilities [5]. - The company has seen double-digit growth in premium income across its three major channels in the first quarter of 2025 [5]. Group 5: Future Outlook - Xinhua Insurance plans to continue high-quality development, aligning with national strategies and focusing on five major areas: large-scale products, market expansion, service enhancement, and significant investments [8][9].