On September 10, at the “2026 Financial Institutions Annual Meeting and Insurance Asset and Liability Management Annual Conference” hosted by the Securities Times, Cao Deyun, former executive vice president and secretary general of the China Insurance Asset Management Association, gave a keynote speech and looked forward to the development of insurance asset management reform during the “15th Five-Year Plan” period. He said that during the “15th Five-Year Plan” period, new requirements and series of arrangements were put forward for the development of the financial industry. Based on the overall “15th Five-Year Plan”, the insurance asset management industry has shouldered the new mission given by the times. It must do a good job as patient capital to serve the implementation of the national strategy, be a mature institutional investor in the healthy and stable operation of the capital market, and do a good job as a core support for the high-quality development of the main insurance industry. He said that this not only sets higher standards for insurance asset management, but also opens up unprecedented development space. The industry has ushered in a period of strategic opportunity where policies, markets, and industries are superimposed: first, policy dividends continue to be released and the institutional environment continues to be optimized; second, new quality productivity development brings more high-quality long-term asset supply; third, building a multi-level pension security system to expand the development space of the insurance asset management market; fourth, reshaping the pattern of major asset management, and accelerating the evolution of specialized division of labor and differentiated management; five is expanding high-level opening-up to the outside world to expand opportunities and opportunities for global allocation. Cao Deyun said that the “15th Five-Year Plan” period is a promising period of golden opportunity for the insurance asset management industry. It is also a period of aggressive industry reform. It is necessary to focus on various dimensions of institutional mechanisms, capacity building, corporate governance, and industry ecology to achieve breakthroughs in systemic reforms.

On September 10, at the “2026 Financial Institutions Annual Meeting and Insurance Asset and Liability Management Annual Conference” hosted by the Securities Times, Cao Deyun, former executive vice president and secretary general of the China Insurance Asset Management Association, gave a keynote speech and looked forward to the development of insurance asset management reform during the “15th Five-Year Plan” period. He said that during the “15th Five-Year Plan” period, new requirements and series of arrangements were put forward for the development of the financial industry. Based on the overall “15th Five-Year Plan”, the insurance asset management industry has shouldered the new mission given by the times. It must do a good job as patient capital to serve the implementation of the national strategy, be a mature institutional investor in the healthy and stable operation of the capital market, and do a good job as a core support for the high-quality development of the main insurance industry. He said that this not only sets higher standards for insurance asset management, but also opens up unprecedented development space. The industry has ushered in a period of strategic opportunity where policies, markets, and industries are superimposed: first, policy dividends continue to be released and the institutional environment continues to be optimized; second, new quality productivity development brings more high-quality long-term asset supply; third, building a multi-level pension security system to expand the development space of the insurance asset management market; fourth, reshaping the pattern of major asset management, and accelerating the evolution of specialized division of labor and differentiated management; five is expanding high-level opening-up to the outside world to expand opportunities and opportunities for global allocation. Cao Deyun said that the “15th Five-Year Plan” period is a promising period of golden opportunity for the insurance asset management industry. It is also a period of aggressive industry reform. It is necessary to focus on various dimensions of institutional mechanisms, capacity building, corporate governance, and industry ecology to achieve breakthroughs in systemic reforms.