China Insurance Industry Association: The current research value of the guaranteed interest rate for ordinary life insurance products is 1.90%

On October 29th, the China Insurance Industry Association organized the third quarter meeting of the Expert Consultation Committee on Life Insurance Industry Reserve Fund Assessment Interest Rate for 2025. The meeting analyzed the macroeconomic situation, market interest rate trends, and industry development. Some experts gave special speeches on hot topics such as evaluating operating indicators of life insurance companies under the new accounting standards. The experts in attendance unanimously agreed that in the first three quarters of 2025, the national economy continued to develop steadily with a year-on-year GDP growth of 5.2% and a quarter-on-quarter growth of 1.1%, demonstrating strong resilience and vitality, laying a solid foundation and confidence for the high-quality development of the insurance industry. Insurance industry experts believed that the life insurance industry actively responded to challenges, continuously optimized business structures, and saw initial results in the transformation of variable income products. The "integration of reporting and operation" was further promoted, the mechanism linking scheduled interest rates with market rates continued to progress, and significant achievements in cost reduction and efficiency improvement were made. The quality and efficiency of operational services steadily improved, and the internal development momentum continued to strengthen. Insurance industry experts shared their views on the scheduled interest rates of life insurance products, stating that the current research value for scheduled interest rates of ordinary life insurance products is 1.90%. This article is adapted from the official website of the China Insurance Industry Association; GMTEight Editor: Chen Xiaoyi.