《保险公司资产负债管理办法（征求意见稿）》有哪些重 要影响？20251222 新发布的保险公司资产负债管理办法征求意见稿主要背景包括以下几个方面： 新规将支付评配情况、量化情况及建设打分情况纳入保险公司监管评级， 并赋予一定分数权重，成为监管评级体系的重要一环，全面评价前中后 台业务管理。 新规对违反规定的保险公司采取多种监督与处罚措施，包括定期报告、 第三方审核、自评估、不定期检查及行政处罚，旨在确保新规严格执行， 提升行业合规性与稳健性。 1. 政策要求：党的二十大、三中全会等一系列新的政策要求对保险行业提 出了新的监管需求。 2. 外部环境变化：包括利率双向波动和新会计准则的实施。近年来，利率 持续下行，但未来仍有波动风险。此外，新会计准则在 2023 年已在上 市公司实施，预计 2026 年将在全行业推广，这要求保险公司进行资产 负债匹配以保持净资产稳定。 3. 条件逐渐成熟：原有制度存在一些空白，如衍生品处理等，这次修订补 充了这些内容。 摘要 新《资产负债管理办法》整合了分散的监管要求，形成更完整的框架， 涵盖目标原则、制度体系、流程、指标定义及处罚方式，旨在提升保险 公司对监管要求的理解和执行力 ...

Financial Trends - The recent reduction in deposit rates has led residents to reconsider their investment options, including wealth management, insurance, and securities markets [2] - The People's Bank of China reported that non-bank deposits increased by nearly 1.2 trillion yuan in May, marking a year-on-year increase of 30 billion yuan, the highest for the same period in nearly a decade [2] Wealth Management - Bank wealth management is becoming a new battleground, with estimates suggesting that the scale of bank wealth management will rise by 340 billion yuan to 31.77 trillion yuan by May 2025 [3] - The second quarter has seen a significant recovery in the yields of wealth management products, enhancing their attractiveness and contributing to an above-seasonal expansion of the wealth management market in May [3] Regulatory Changes - New regulatory policies are expected to be implemented for bank wealth management, focusing on the quality of wealth management companies rather than just their scale [4] - The proposed regulations will encourage wealth management subsidiaries to prioritize business quality, including research capabilities and consumer rights protection [4][5] Insurance Sector - The decline in deposit rates has shifted consumer interest towards dividend insurance and other savings-type insurance products, with a notable increase in the launch of new insurance products [6][7] - In 2023, 414 new life insurance products were launched, with dividend life insurance accounting for 37.68% of the total, a nearly 10 percentage point increase from the previous year [7] Consumer Finance - The decline in deposit rates is expected to create new opportunities in the consumer finance sector, as lower rates may encourage consumers to spend more on durable goods and services [8][9] - The upcoming implementation of new regulations for consumer lending is anticipated to increase compliance pressures on small lending institutions, potentially leading to industry consolidation [10][11]