实际上，选择分红险，一看红利实现率，二看公司长期投资实力表现。在同业中，新华保险十年平均投资收益率超过5%以 上，2024年增额红利实现率均值达到152%，指标双优，构筑了持续稳健分红的硬核实力。 分红险已是市场"C位" 2025年，人身险预定利率动态调整机制正式启动，保险产品预定利率进入"1"时代。传统寿险仅有固定保障功能，保额恒定 不变，而分红险在提供预定的保底收益基础上，增加基于险企投资表现的分红收益，形成"保证+浮动"双层次收益结构。这 种设计既保留了保障功能，又通过红利的分配使保额具备了抗通胀的潜力，更加贴合消费者长期储蓄和养老规划的需求。 多家证券研究报告分析显示，2025年各险企积极积极适应市场环境，推进分红险转型，新单保费中分红险的占比提升迅 速，转型成效显现。例如，今年上半年，新华保险分红型保险保费收入182.69亿元，同比增长24.9%。在个人业务渠道中， 4月至8月分红险占新单比例已超过70%；银保渠道分红险占比亦呈现逐月攀升的良好态势。 需要注意的是，选择分红险需要考量多种因素，分红险是浮动收益，也就是说分红水平不是固定的，那么如何避免选择"演 示分红"与实际分红差距过大的产品？其中， ...

Core Insights - The personal pension insurance products have transitioned from scarcity to abundance, with a notable increase in quantity, reaching 406 products by October 25, 2025, accounting for 33.55% of all product types, making it one of the fastest-growing categories in personal pension products [1][2] Group 1: Product Expansion and Structure - The expansion of personal pension insurance products is not only in quantity but also in the optimization of structure and types, evolving from a single commercial pension insurance product to various types including annuity insurance, whole life insurance, participating insurance, and universal insurance [2] - Currently, personal pension insurance products can be categorized into three main types: commercial pension insurance, annuity insurance, and whole life insurance, each serving different needs such as risk protection and stable cash flow [2] Group 2: Investment Returns - Despite a slight decline in yield compared to the same period in 2023, data from 2024 shows that 70% of dedicated commercial pension insurance products maintain a settlement interest rate above 3%, with some products exceeding 4% [3] Group 3: Market Trends and Policy Support - Participating insurance products have become mainstream in the market, with 127 products available by October 25, 2025, representing over 30% of personal pension insurance products [6] - Recent policy adjustments, such as the Financial Regulatory Authority's notification in April 2025, aim to optimize insurance fund allocation efficiency and enhance investment flexibility for pension insurance [4] Group 4: Integration of Health and Pension - The phenomenon of "hot account openings but cold contributions" highlights the need for enhanced product attractiveness to stimulate continuous payment willingness among residents, with the integration of "pension + health" seen as a promising direction for industry breakthroughs [7] - Experts suggest that the design of pension products should prioritize safety and stability while incorporating health management services to create differentiated competitive advantages [8]