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On August 5, a dividend-linked life insurance product offering a guaranteed interest rate of 2.0% was swiftly delisted just two hours after receiving notice from the insurance provider, drawing significant market attention to interest rate adjustments. Earlier, on July 25, the China Insurance Industry Association revealed that the benchmark study value for the predetermined interest rates of traditional life insurance products stood at 1.99%, prompting a series of adjustments in the predetermined interest rates of life insurance products and the associated product adjustment mechanisms. Following this announcement, several insurance companies declared that they would transition their products by August 31, setting new upper limits for predetermined interest rates at 2.0% for traditional products, 1.75% for dividend-linked products, and 1.0% for universal products.
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