隨著保險公司(si)陸續(xu)公布2018年(nian)12月份的萬(wan)能(neng)險結算利(li)率(lv)(lv),去年(nian)全(quan)年(nian)萬(wan)能(neng)險結算利(li)率(lv)(lv)的全(quan)貌逐漸(jian)清(qing)晰。
《證券日(ri)報》記者根據去年(nian)前11個月萬(wan)(wan)能(neng)險(xian)規模保費收(shou)入(ru),對排名前十位公司(si)的萬(wan)(wan)能(neng)險(xian)結(jie)算利率情況進行統計發現,在這10家(jia)險(xian)企的萬(wan)(wan)能(neng)險(xian)產品中,結(jie)算利率在2018年(nian)有所(suo)下調的產品至少(shao)超過20款,而(er)結(jie)算利率有所(suo)上(shang)升的產品則僅有5款,整體呈現“跌多(duo)漲少(shao)”的局面。
同時,記者發現,有(you)多款萬能(neng)險產品(pin)(pin)去年(nian)12月(yue)份的結(jie)算利(li)率(lv)(lv)為(wei)2.5%,這(zhe)是(shi)萬能(neng)險產品(pin)(pin)的最低保(bao)證利(li)率(lv)(lv),有(you)的產品(pin)(pin)是(shi)在2018年(nian)經過結(jie)算利(li)率(lv)(lv)的多次(ci)下調,最后(hou)定格(ge)在2.5%,有(you)的產品(pin)(pin)為(wei)去年(nian)全年(nian)每個月(yue)結(jie)算利(li)率(lv)(lv)都(dou)是(shi)2.5%。
鮮見結算利率超6%產品
結算(suan)利率(lv)曾(ceng)經高(gao)達8%的(de)萬能險產品(pin)(pin)早已(yi)不見了蹤影,記者統計發現,到去年年底,結算(suan)利率(lv)超過6%的(de)產品(pin)(pin)也已(yi)經屈指可數,而(er)多款(kuan)產品(pin)(pin)的(de)結算(suan)利率(lv)直接降至了最低保證利率(lv)2.5%。
根據去年前11個月萬能險規模(mo)保費收入,排名(ming)前十位(wei)的公司分別(bie)是安(an)邦(bang)人壽(shou)(shou)(shou)、平安(an)人壽(shou)(shou)(shou)、華夏人壽(shou)(shou)(shou)、國(guo)壽(shou)(shou)(shou)股份、富德生命人壽(shou)(shou)(shou)、陽(yang)光人壽(shou)(shou)(shou)、和(he)諧健康(kang)、天安(an)人壽(shou)(shou)(shou)、泰康(kang)人壽(shou)(shou)(shou)以及國(guo)華人壽(shou)(shou)(shou)。本(ben)報道的統計和(he)萬能險產品調查樣本(ben)皆來(lai)自這10家險企。
首先,從萬能險(xian)結(jie)算(suan)(suan)利(li)率(lv)的(de)(de)絕對(dui)值來看,去年12月份,大多數萬能險(xian)產(chan)(chan)品(pin)的(de)(de)結(jie)算(suan)(suan)利(li)率(lv)在(zai)4%-6%之間,超過6%的(de)(de)僅有兩(liang)款(kuan)(kuan)產(chan)(chan)品(pin),結(jie)算(suan)(suan)利(li)率(lv)為3.5%和(he)2.5%的(de)(de)產(chan)(chan)品(pin)也為數不少。其中(zhong),結(jie)算(suan)(suan)利(li)率(lv)高于(yu)6%的(de)(de)產(chan)(chan)品(pin)分別是:泰康尊贏終身壽險(xian)(萬能型),去年12月份結(jie)算(suan)(suan)利(li)率(lv)為6.05%,華(hua)夏金管家(jia)養老年金保險(xian)(萬能型,F款(kuan)(kuan)),去年12月份結(jie)算(suan)(suan)利(li)率(lv)為6.0%。
值得(de)注意的(de)(de)(de)(de)(de)是,有多(duo)款萬(wan)能險(xian)(xian)(xian)(xian)產(chan)品(pin)在(zai)去年(nian)(nian)下(xia)調(diao)了結算(suan)利(li)率(lv)(lv),其(qi)中,下(xia)調(diao)幅度最(zui)大的(de)(de)(de)(de)(de)是某(mou)壽(shou)險(xian)(xian)(xian)(xian)公(gong)司(si)(si)的(de)(de)(de)(de)(de)一(yi)款萬(wan)能險(xian)(xian)(xian)(xian)產(chan)品(pin),其(qi)去年(nian)(nian)1月(yue)份(fen)的(de)(de)(de)(de)(de)結算(suan)利(li)率(lv)(lv)高達(da)6.32%,而(er)到去年(nian)(nian)年(nian)(nian)底(di),結算(suan)利(li)率(lv)(lv)已經(jing)(jing)下(xia)調(diao)至(zhi)2.5%。另一(yi)險(xian)(xian)(xian)(xian)企的(de)(de)(de)(de)(de)一(yi)款終身壽(shou)險(xian)(xian)(xian)(xian)(萬(wan)能型)結算(suan)利(li)率(lv)(lv)由去年(nian)(nian)1月(yue)份(fen)的(de)(de)(de)(de)(de)5.0%下(xia)調(diao)至(zhi)12月(yue)份(fen)的(de)(de)(de)(de)(de)2.5%。記者統計發(fa)現,在(zai)上(shang)述10家保險(xian)(xian)(xian)(xian)公(gong)司(si)(si)中,約有20款萬(wan)能險(xian)(xian)(xian)(xian)產(chan)品(pin)去年(nian)(nian)12月(yue)份(fen)的(de)(de)(de)(de)(de)結算(suan)利(li)率(lv)(lv)為2.5%,部分(fen)產(chan)品(pin)是在(zai)2018年(nian)(nian)經(jing)(jing)過(guo)結算(suan)利(li)率(lv)(lv)的(de)(de)(de)(de)(de)多(duo)次(ci)下(xia)調(diao),最(zui)后定格(ge)在(zai)2.5%,部分(fen)產(chan)品(pin)為去年(nian)(nian)全年(nian)(nian)每個月(yue)結算(suan)利(li)率(lv)(lv)都是2.5%。
同時(shi),統計數(shu)據顯示(shi),2018年,至少有超過20款(kuan)的萬能險產品下(xia)調(diao)(diao)了結算利率(lv)。例如(ru),某險企的一(yi)(yi)款(kuan)兩全保(bao)險,從(cong)2018年1月(yue)(yue)份到(dao)6月(yue)(yue)份結算利率(lv)為5.0%,從(cong)7月(yue)(yue)份起(qi)下(xia)調(diao)(diao)至4.0%;另一(yi)(yi)款(kuan)兩全保(bao)險從(cong)2018年1月(yue)(yue)份到(dao)7月(yue)(yue)份結算利率(lv)為5.0%,從(cong)8月(yue)(yue)份起(qi)下(xia)調(diao)(diao)至4.0%。另一(yi)(yi)險企的一(yi)(yi)款(kuan)兩全保(bao)險結算利率(lv)經(jing)過3次下(xia)調(diao)(diao),到(dao)12月(yue)(yue)份結算利率(lv)為4.0%。
與多款產(chan)品下調(diao)結算(suan)利(li)(li)率(lv)(lv)相反的(de)是,2018年僅有5款萬(wan)能(neng)險(xian)產(chan)品的(de)結算(suan)利(li)(li)率(lv)(lv)進行(xing)過(guo)上(shang)調(diao)。例如(ru),天安(an)人壽利(li)(li)多寶終身壽險(xian)(萬(wan)能(neng)型(xing))2018年前兩個月(yue)的(de)結算(suan)利(li)(li)率(lv)(lv)為4.2%,從3月(yue)份開始上(shang)調(diao)至5.25%;天保(bao)利(li)(li)Ⅱ號B款兩全保(bao)險(xian)(萬(wan)能(neng)型(xing))結算(suan)利(li)(li)率(lv)(lv)由去年前兩個月(yue)的(de)4.2%上(shang)調(diao)至此后的(de)5.25%。
此外,在(zai)(zai)萬(wan)(wan)能(neng)險(xian)排(pai)名前十位的險(xian)企中(zhong),平安人壽和和諧健康的萬(wan)(wan)能(neng)險(xian)結算利率(lv)(lv)在(zai)(zai)2018年各月(yue)度(du)沒(mei)有發(fa)生變化。其中(zhong),平安人壽的37款萬(wan)(wan)能(neng)險(xian)結算利率(lv)(lv)分為5.0%和4.5%兩個檔次。和諧健康保險(xian)的萬(wan)(wan)能(neng)險(xian)產品都是萬(wan)(wan)能(neng)型(xing)護理保險(xian)。
萬能險保費增速平穩
與萬能險(xian)結(jie)算利率(lv)波動相伴的是,近幾年以萬能險(xian)為(wei)主的保(bao)戶投資款新增交費規模也處(chu)于(yu)(yu)波動較(jiao)大的狀態(tai),而自2018年6月份以來,其同比(bi)增速一直在20%多,處(chu)于(yu)(yu)比(bi)較(jiao)穩(wen)定(ding)的狀態(tai)。
數據顯(xian)示,2016年(nian),人(ren)身(shen)險公(gong)司(si)未計入(ru)保(bao)險合同(tong)(tong)(tong)核算的保(bao)戶(hu)投資(zi)(zi)款(kuan)和(he)獨(du)(du)立(li)(li)賬(zhang)戶(hu)新(xin)(xin)增(zeng)(zeng)(zeng)交費12799.13億(yi)元(yuan),同(tong)(tong)(tong)比增(zeng)(zeng)(zeng)長53.86%。2017年(nian),人(ren)身(shen)險公(gong)司(si)保(bao)戶(hu)投資(zi)(zi)款(kuan)和(he)獨(du)(du)立(li)(li)賬(zhang)戶(hu)新(xin)(xin)增(zeng)(zeng)(zeng)交費6362.78億(yi)元(yuan),同(tong)(tong)(tong)比下降50.29%。2018年(nian)前11個月,人(ren)身(shen)險公(gong)司(si)保(bao)戶(hu)投資(zi)(zi)款(kuan)和(he)獨(du)(du)立(li)(li)賬(zhang)戶(hu)新(xin)(xin)增(zeng)(zeng)(zeng)交費7564.73億(yi)元(yuan),同(tong)(tong)(tong)比增(zeng)(zeng)(zeng)長27.10%。可見,最近幾年(nian),人(ren)身(shen)險公(gong)司(si)萬能險業務經歷(li)了大發(fa)展(zhan)、大收縮,2018年(nian)又重新(xin)(xin)走上(shang)了同(tong)(tong)(tong)比增(zeng)(zeng)(zeng)長的道路(lu)。
從(cong)各(ge)統計時間節點來看,2018年(nian)萬(wan)能險(xian)保(bao)費(fei)增(zeng)速呈(cheng)逐月(yue)(yue)放緩(huan)的態勢(shi),不過下半年(nian)波動很小(xiao)。具體來看,2018年(nian)1月(yue)(yue)份(fen)(fen),人身險(xian)公司保(bao)戶投資(zi)款和獨立(li)賬戶新(xin)增(zeng)交費(fei)同(tong)(tong)(tong)比(bi)增(zeng)長94.94%;1-3月(yue)(yue)份(fen)(fen),同(tong)(tong)(tong)比(bi)增(zeng)速為40.51%;1-6月(yue)(yue)份(fen)(fen),同(tong)(tong)(tong)比(bi)增(zeng)速為28.25%;1-9月(yue)(yue)份(fen)(fen),同(tong)(tong)(tong)比(bi)增(zeng)速為28.22%;1-11月(yue)(yue)份(fen)(fen),同(tong)(tong)(tong)比(bi)增(zeng)速為27.10%。縱向來看,從(cong)去年(nian)1-6月(yue)(yue)份(fen)(fen)起,萬(wan)能險(xian)規(gui)模保(bao)費(fei)同(tong)(tong)(tong)比(bi)增(zeng)速穩定在20%,下半年(nian)變化不大。
對于2018年(nian)萬能(neng)險(xian)(xian)(xian)(xian)(xian)保(bao)費規模(mo)同(tong)比回(hui)升(sheng),業(ye)內人士認(ren)(ren)為并非(fei)由于產(chan)品(pin)的吸引力重(zhong)新(xin)上(shang)升(sheng)所(suo)致,從結算(suan)利率(lv)也(ye)可(ke)(ke)以看(kan)出,2018年(nian)鮮(xian)有(you)高(gao)結算(suan)利率(lv)的產(chan)品(pin),絕大(da)部分產(chan)品(pin)的結算(suan)利率(lv)低于6%。萬能(neng)險(xian)(xian)(xian)(xian)(xian)規模(mo)回(hui)升(sheng)的原(yuan)因主要有(you)兩方(fang)面(mian),一是2017年(nian)的保(bao)費基(ji)數較(jiao)低,二是部分險(xian)(xian)(xian)(xian)(xian)企(qi)(qi)面(mian)臨較(jiao)大(da)的現(xian)金流壓力,仍然(ran)(ran)需要萬能(neng)險(xian)(xian)(xian)(xian)(xian)來提升(sheng)保(bao)費規模(mo),險(xian)(xian)(xian)(xian)(xian)企(qi)(qi)在銷(xiao)售策略方(fang)面(mian)會有(you)所(suo)傾斜(xie)。也(ye)有(you)業(ye)內人士指出,雖然(ran)(ran)都(dou)是“萬能(neng)險(xian)(xian)(xian)(xian)(xian)”,但險(xian)(xian)(xian)(xian)(xian)企(qi)(qi)目(mu)前(qian)新(xin)推的萬能(neng)險(xian)(xian)(xian)(xian)(xian)和以前(qian)的萬能(neng)險(xian)(xian)(xian)(xian)(xian)有(you)較(jiao)大(da)區別,一方(fang)面(mian),其(qi)(qi)保(bao)障(zhang)功(gong)能(neng)有(you)所(suo)增(zeng)強(qiang),期限更長;另一方(fang)面(mian),其(qi)(qi)形式(shi)不再是附加險(xian)(xian)(xian)(xian)(xian)的形式(shi),而(er)是多(duo)采用與其(qi)(qi)他保(bao)險(xian)(xian)(xian)(xian)(xian)組(zu)合成為雙主險(xian)(xian)(xian)(xian)(xian)的模(mo)式(shi)。多(duo)數人認(ren)(ren)為,萬能(neng)險(xian)(xian)(xian)(xian)(xian)對險(xian)(xian)(xian)(xian)(xian)企(qi)(qi)有(you)其(qi)(qi)自身重(zhong)要意義,行業(ye)萬能(neng)險(xian)(xian)(xian)(xian)(xian)保(bao)費可(ke)(ke)能(neng)處于持續穩定(ding)增(zeng)長狀(zhuang)態。
中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)聲(sheng)明(ming)(ming):凡(fan)本(ben)網(wang)(wang)(wang)(wang)注明(ming)(ming)“來源:中(zhong)(zhong)國(guo)證(zheng)券(quan)報(bao)·中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)”的(de)所有作品(pin),版權(quan)均(jun)屬于(yu)中(zhong)(zhong)國(guo)證(zheng)券(quan)報(bao)、中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)。中(zhong)(zhong)國(guo)證(zheng)券(quan)報(bao)·中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)與作品(pin)作者聯合聲(sheng)明(ming)(ming),任何組織未經中(zhong)(zhong)國(guo)證(zheng)券(quan)報(bao)、中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)以及作者書面授權(quan)不得轉載(zai)、摘編或(huo)利(li)用(yong)其它方(fang)式使用(yong)上(shang)述作品(pin)。凡(fan)本(ben)網(wang)(wang)(wang)(wang)注明(ming)(ming)來源非中(zhong)(zhong)國(guo)證(zheng)券(quan)報(bao)·中(zhong)(zhong)證(zheng)網(wang)(wang)(wang)(wang)的(de)作品(pin),均(jun)轉載(zai)自其它媒體,轉載(zai)目的(de)在于(yu)更(geng)好服務讀(du)者、傳遞信(xin)息之需,并不代表本(ben)網(wang)(wang)(wang)(wang)贊同其觀點,本(ben)網(wang)(wang)(wang)(wang)亦不對其真實性(xing)負責,持異議(yi)者應與原(yuan)出處單位主(zhu)張權(quan)利(li)。
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