> 数据图表如何解释资产端：持续低利率环境下，保险资金再配置收益率面临考验2025-7-4资产端：持续低利率环境下，保险资金再配置收益率面临考验◼ 净投资收益率预测，预计25至27年分别下降29/21/18bps，共计下降69bps• 2025年/2026年/2027年分别为3.37%/3.16%/2.97%寿险公司模拟净投资收益率测算6.50%6.00%5.50%5.00%4.50%4.00%3.50%3.00%2.50%2.00%10-10-110210-60-110210-11-110210-40-210210-90-210210-20-310210-70-310210-21-310210-50-410210-01-410210-30-510210-80-510210-10-610210-60-610210-11-610210-40-710210-90-710210-20-810210-70-810210-21-810210-50-910210-01-910210-30-020210-80-020210-10-120210-60-120210-11-120210-40-220210-90-220210-20-320210-70-320210-21-320210-50-420210-01-420210-30-520210-80-520210-10-620210-60-620210-11-620210-40-720210-90-7202来源：Wind，中泰证券研究所15中泰证券综合其他
