瑞银：友邦中国、中国平安及中国人寿在分红型产品转型中占优

新浪港股2025-07-29

瑞银发布研报称，中国保险行业协会近期将定价利率（PIR）基准下调14个基点至1.99%，较现行传统产品2.5%的定价利率低51个基点。此调整符合市场预期，主要反映2025年第二季市场利率下行（如国债收益率、存款利率及走低）。多家大型险企已将传统型、分红型及万能型产品的定价利率分别下调至2.0%、1.75%及1.0%。传统型与分红型产品的定价利率差距缩窄，显示监管机构正引导行业向分红型产品转型，以...

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href=https://finance.sina.com.cn/stock/hkstock/hkgg/2025-07-29/doc-inficncz1098454.shtml><strong>新浪港股</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>瑞银发布研报称，中国保险行业协会近期将定价利率（PIR）基准下调14个基点至1.99%，较现行传统产品2.5%的定价利率低51个基点。此调整符合市场预期，主要反映2025年第二季市场利率下行（如国债收益率、存款利率及走低）。多家大型险企已将传统型、分红型及万能型产品的定价利率分别下调至2.0%、1.75%及1.0%。传统型与分红型产品的定价利率差距缩窄，显示监管机构正引导行业向分红型产品转型，以...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hkstock/hkgg/2025-07-29/doc-inficncz1098454.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03145","symbol_name":"华夏亚洲高息股","start_time":0,"source_url":"https://finance.sina.com.cn/stock/hkstock/hkgg/2025-07-29/doc-inficncz1098454.shtml","article_id":"2555038001","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555038001","pubTimestamp":1753773840,"columns":[],"sourceInfo":{"source_id":"sina","name":"sina"},"weMediaInfo":null,"summary":"瑞银发布研报称，中国保险行业协会近期将定价利率基准下调14个基点至1.99%，较现行传统产品2.5%的定价利率低51个基点。多家大型险企已将传统型、分红型及万能型产品的定价利率分别下调至2.0%、1.75%及1.0%。传统型与分红型产品的定价利率差距缩窄，显示监管机构正引导行业向分红型产品转型，以降低利差损风险。产品切换预计将于2025年8月底完成。　　瑞银预计，随着险企加速向分红型产品转型，2025年上半年新业务价值的利率敏感度将显著下降。","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":[],"viewcount":null,"language":"zh","relate_stocks":{"82318":"中国平安-R","601318":"中国平安","601628":"中国人寿","03145":"华夏亚洲高息股","LU1235295612.USD":"FIDELITY 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