每(mei)經AI快訊(xun)，時隔七年，上市險(xian)(xian)(xian)(xian)企(qi)(qi)再次下(xia)(xia)調長(chang)期(qi)投(tou)資(zi)回報(bao)率(lv)(lv)假設。 在(zai)(zai)陸續公布的2023年年報(bao)中(zhong)，中(zhong)國平安(an)、中(zhong)國人壽、中(zhong)國人保(bao)、新華保(bao)險(xian)(xian)(xian)(xian)、中(zhong)國太保(bao)、陽光保(bao)險(xian)(xian)(xian)(xian)等(deng)(deng)均將(jiang)長(chang)期(qi)投(tou)資(zi)回報(bao)率(lv)(lv)假設從5%下(xia)(xia)調至(zhi)4.5%。而7年前的2017年，一些上市險(xian)(xian)(xian)(xian)企(qi)(qi)曾將(jiang)長(chang)期(qi)投(tou)資(zi)回報(bao)率(lv)(lv)假設從5.5%調降(jiang)至(zhi)5%。此外，上市險(xian)(xian)(xian)(xian)企(qi)(qi)在(zai)(zai)2023年的年報(bao)中(zhong)，還調整(zheng)了風(feng)險(xian)(xian)(xian)(xian)貼現率(lv)(lv)假設。 在(zai)(zai)受訪人士(shi)看(kan)來(lai)，上市險(xian)(xian)(xian)(xian)企(qi)(qi)調整(zheng)長(chang)期(qi)投(tou)資(zi)回報(bao)率(lv)(lv)假設的原因(yin)在(zai)(zai)于，在(zai)(zai)利(li)率(lv)(lv)中(zhong)樞下(xia)(xia)行(xing)階段，保(bao)險(xian)(xian)(xian)(xian)機(ji)構預(yu)計險(xian)(xian)(xian)(xian)資(zi)運用的長(chang)期(qi)收益率(lv)(lv)將(jiang)進一步(bu)下(xia)(xia)降(jiang)。長(chang)期(qi)投(tou)資(zi)回報(bao)率(lv)(lv)假設的調整(zheng)將(jiang)對險(xian)(xian)(xian)(xian)企(qi)(qi)當(dang)期(qi)諸多重要業(ye)(ye)績(ji)指(zhi)標產生廣泛影(ying)響，其(qi)中(zhong)包括當(dang)期(qi)利(li)潤、內含(han)價(jia)值、新業(ye)(ye)務價(jia)值等(deng)(deng)。（證券(quan)日報(bao)）