{"id":972,"date":"2020-01-15T23:58:06","date_gmt":"2020-01-15T15:58:06","guid":{"rendered":"https:\/\/insurance.vincent-chen.com\/tw\/?p=972"},"modified":"2020-10-23T00:00:02","modified_gmt":"2020-10-22T16:00:02","slug":"%e3%80%88%e9%8a%80%e8%a1%8c%e5%ae%b6%e8%a7%80%e9%bb%9e%e3%80%89%e8%bf%8e%e6%88%b0ifrs-17%e9%ad%94%e7%8e%8b-%e4%bf%9d%e9%9a%aa%e5%85%ac%e5%8f%b8%e8%88%87%e6%b0%91%e7%9c%be%e5%a6%82%e4%bd%95%e5%9b%a0","status":"publish","type":"post","link":"https:\/\/insurance.vincent-chen.com\/tw\/%e3%80%88%e9%8a%80%e8%a1%8c%e5%ae%b6%e8%a7%80%e9%bb%9e%e3%80%89%e8%bf%8e%e6%88%b0ifrs-17%e9%ad%94%e7%8e%8b-%e4%bf%9d%e9%9a%aa%e5%85%ac%e5%8f%b8%e8%88%87%e6%b0%91%e7%9c%be%e5%a6%82%e4%bd%95%e5%9b%a0\/","title":{"rendered":"\u3008\u9280\u884c\u5bb6\u89c0\u9ede\u3009\u8fce\u6230IFRS 17\u9b54\u738b \u4fdd\u96aa\u516c\u53f8\u8207\u6c11\u773e\u5982\u4f55\u56e0\u61c9\uff1f"},"content":{"rendered":"

\u3010\u53f0\u7063\u9280\u884c\u5bb6\u30112020-01-15<\/p>\n

IFRS 17\u6700\u5177\u722d\u8b70\u7684\u6539\u8b8a\uff0c\u662f\u8b93\u8cc7\u7522\u548c\u8ca0\u50b5\u540c\u6a23\u6309\u7167\u5e02\u5834\u4f30\u50f9\u3002\u7136\u800c\uff0c\u5118\u7ba1\u65b0\u6a19\u6e96\u6703\u7d66\u4fdd\u55ae\u767c\u884c\u8005\u5e36\u4f86\u96e3\u984c\uff0c\u537b\u66f4\u80fd\u53cd\u6620\u8cc7\u7522\u54c1\u8cea\uff0c\u52a0\u4e0a\u9ad8\u9f61\u5316\u8b93\u5ef6\u9577\u5de5\u4f5c\u5e74\u9650\u6210\u70ba\u5e38\u614b\uff0c\u66f4\u61c9\u63d0\u9ad8\u52de\u52d5\u529b\u904b\u7528\u7387\uff0c\u52a0\u5f37\u500b\u4eba\u7368\u7acb\u8a13\u7df4\u3002<\/p>\n

\u5168\u7403\u5229\u7387\u4e0b\u964d\u7684\u72c0\u6cc1\u770b\u4f86\u6c92\u6709\u6e1b\u7de9\uff0c\u9019\u7a2e\u60c5\u6cc1\u4e0b\u8ab0\u53d7\u5230\u7684\u5f71\u97ff\u6700\u5927\uff1f\u7531\u65bc\u5229\u606f\u4ee5\u8907\u5229\u8a08\u7b97\uff0c\u908f\u8f2f\u4e0a\u4f86\u8aaa\uff0c\u7b54\u6848\u61c9\u8a72\u662f\u90a3\u4e9b\u6301\u6709\u6295\u8cc7\u6642\u9593\u6700\u4e45\u7684\u4eba\uff0c\u6240\u4ee5\u901a\u5e38\u6703\u662f\u4eba\u58fd\u4fdd\u96aa\u516c\u53f8\u4ee5\u53ca\u5176\u4ed6\u985e\u4f3c\u7684\u9000\u4f11\u76f8\u95dc\u670d\u52d9\u696d\u8005\u3002<\/p>\n

\u4eba\u58fd\u4fdd\u96aa\u6d89\u53ca\u8a31\u591a\u4e0d\u540c\u7684\u91d1\u878d\u5de5\u5177\uff0c\u5404\u5de5\u5177\u7684\u5546\u696d\u6a21\u5f0f\u7565\u6709\u4e0d\u540c\uff0c\u5728\u50b3\u7d71\u7684\u5b9a\u671f\u4fdd\u96aa\u6a21\u5f0f\u4e2d\uff0c\u4fdd\u96aa\u91d1\u662f\u6b7b\u5f8c\u624d\u6703\u652f\u4ed8\uff1b\u7136\u800c\uff0c\u4fdd\u96aa\u5df2\u7d93\u8b8a\u6210\u4e00\u7a2e\u9ad8\u5f48\u6027\u7684\u91d1\u878d\u5546\u54c1\uff0c\u8a31\u591a\u76f8\u95dc\u5b50\u884c\u696d\u90fd\u9010\u6f38\u626e\u6f14\u5176\u4ed6\u89d2\u8272\uff0c\u4f8b\u5982\u7f8e\u570b\u5728\u5de5\u6703\u908a\u7de3\u5316\u4e4b\u5f8c\uff0c\u91ab\u7642\u4fdd\u96aa\u5c31\u5f9e\u98a8\u96aa\u7ba1\u7406\u5de5\u5177\uff0c\u8b8a\u6210\u4e86\u4e00\u7a2e\u8207\u91ab\u7642\u670d\u52d9\u696d\u8005\u9032\u884c\u96c6\u9ad4\u8ac7\u5224\u7684\u6a5f\u5236\u3002<\/p>\n

\u58fd\u96aa\u5165\u4fb5\u8cc7\u7522\u7ba1\u7406\u5730\u76e4
\n\u4eba\u58fd\u4fdd\u96aa\u4ea6\u662f\u5982\u6b64\u2500\u2500\u5b83\u9010\u6f38\u5165\u4fb5\u8cc7\u7522\u7ba1\u7406\u7684\u5730\u76e4\uff0c\u7d42\u8eab\u58fd\u96aa\u4e0d\u50cf\u662f\u5b9a\u671f\u4fdd\u96aa\uff0c\u524d\u8005\u4e0d\u50c5\u662f\u6295\u8cc7\uff0c\u4e5f\u5177\u6709\u73fe\u91d1\u50f9\u503c\uff0c\u9019\u7a2e\u8cc7\u7522\u53ef\u4ee5\u7576\u4f5c\u500b\u4eba\u8cb8\u6b3e\u7684\u62b5\u62bc\u54c1\u3002\u5728\u4eca\u65e5\u4f4e\u5229\u7387\u56de\u5831\u7684\u74b0\u5883\u4e0b\uff0c\u7d42\u8eab\u58fd\u96aa\u5728\u53f0\u7063\u3001\u65e5\u672c\u53ca\u5357\u97d3\u7279\u5225\u53d7\u6b61\u8fce\uff0c\u8cc7\u7522\u984d\u8d85\u904e5\u5146\u7f8e\u5143\uff1b\u5176\u4e2d\u5927\u591a\u6578\u6295\u8cc7\u65bc\u6d77\u5916\uff0c\u898f\u6a21\u751a\u81f3\u5927\u5230\u5438\u5f15\u4e86\u6771\u9053\u570b\uff08\u50cf\u662f\u7f8e\u570b\uff09\u7684\u6ce8\u610f\u529b\u3002<\/p>\n

\u4e0a\u8ff0\u4e09\u500b\u570b\u5bb6\u90fd\u662f\u9019\u500b\u7368\u7279\u767c\u5c55\u6a21\u5f0f\u7684\u5148\u9a45\uff1b\u6771\u4e9e\u570b\u5bb6\u7684\u6295\u8cc7\u96d6\u7136\u672a\u5fc5\u96c6\u4e2d\u65bc\u653f\u5e9c\uff0c\u4f46\u6b77\u4f86\u90fd\u50be\u5411\u65bc\u96c6\u4e2d\u6c7a\u7b56\u3002\u4e9e\u6d32\u7684\u9000\u4f11\u91d1\u5236\u5ea6\u8207\u500b\u4eba\u6295\u8cc7\u9867\u554f\u767c\u5c55\uff0c\u90fd\u6c92\u6709\u50cf\u5728\u897f\u65b9\u90a3\u6a23\u5fb9\u5e95\uff0c\u7136\u800c\u4e0d\u7ba1\u554f\u984c\u662f\u96c6\u4e2d\u5728\u54ea\u500b\u90e8\u5206\uff0c\u90fd\u53cd\u6620\u4e86\u5e7e\u500b\u57fa\u672c\u554f\u984c\u3002\u7b2c\u4e00\u500b\u554f\u984c\u773e\u6240\u7686\u77e5\uff0c\u9019\u4e9b\u570b\u5bb6\u7684\u4eba\u53e3\u8001\u5316\u72c0\u6cc1\u5728\u5168\u4e16\u754c\u540d\u5217\u524d\u8305\u3002<\/p>\n

\u7b2c\u4e8c\u500b\u554f\u984c\u662f\u9019\u4e9b\u5730\u65b9\u7684\u5e02\u5834\u6295\u8cc7\u6a5f\u6703\u6709\u9650\u3002\u570b\u969b\u8ca8\u5e63\u57fa\u91d1\uff08IMF\uff092019\u5e7410\u6708\u7684\u300a\u91d1\u878d\u7a69\u5b9a\u5831\u544a\u300b\uff08Financial Stability Report\uff09\u4e0a\u9ede\u51fa\u4e86\uff0c\u58fd\u96aa\u516c\u53f8\u8cc7\u7522\u8207\u9019\u4e9b\u570b\u5bb6\u570b\u5167\u4f01\u696d\u50b5\u5238\u5e02\u5834\u7684\u6bd4\u7387\uff1a\u65e5\u672c\u3001\u53f0\u7063\u53ca\u5357\u97d3\u5206\u5225\u70ba23\u500d\u300114\u500d\u53ca10\u500d\uff0c\u9060\u9ad8\u65bc\u6b50\u5143\u5340<\/p>\n

\u548c\u7f8e\u570b\u3002\u5728\u5f8c\u5169\u500b\u570b\u5bb6\uff0c\u653f\u5e9c\u50b5\u5238\u7684\u4f9b\u7d66\u76f8\u5c0d\u8f03\u5c11\uff0c\u65e5\u672c\u7684\u4f9b\u7d66\u5247\u662f\u5927\u90e8\u5206\u90fd\u88ab\u592e\u884c\u5403\u6389\u3002\u9019\u4e9b\u570b\u5bb6\u7684\u500b\u4eba\u6295\u8cc7\u8005\u50be\u5411\u65bc\u900f\u904e\u4e2d\u9593\u6a5f\u69cb\u9032\u884c\u50b5\u5238\u6295\u8cc7\uff0c\u5c24\u5176\u662f\u6295\u8cc7\u6d77\u5916\u3002<\/p>\n

\u5118\u7ba1\u5f9e\u6d88\u8cbb\u8005\u89d2\u5ea6\u4f86\u770b\uff0c\u5b9a\u671f\u4fdd\u96aa\u548c\u7d42\u8eab\u96aa\u4e4b\u9593\u5177\u6709\u5dee\u7570\uff0c\u4f46\u5728\u4fdd\u96aa\u516c\u53f8\u773c\u4e2d\uff0c\u5169\u8005\u7684\u5546\u696d\u6a21\u5f0f\u5927\u62b5\u76f8\u540c\u3002\u4eba\u5011\u6b7b\u4ea1\u7684\u6642\u9593\u5404\u4e0d\u76f8\u540c\uff0c\u65e9\u6b7b\u8207\u665a\u6b7b\u7684\u6a5f\u7387\u901a\u5e38\u6703\u5f7c\u6b64\u62b5\u92b7\uff0c\u6240\u4ee5\u53ea\u8981\u4fdd\u55ae\u627f\u8afe\u7684\u56de\u5831\u662f\u56fa\u5b9a\u7684\uff0c\u7121\u8ad6\u662f\u5b9a\u671f\u96aa\u6216\u7d42\u8eab\u96aa\uff0c\u4fdd\u96aa\u516c\u53f8\u627f\u64d4\u7684\u4e3b\u8981\u98a8\u96aa\u90fd\u4f86\u81ea\u5229\u7387\u8207\u8cc7\u7522\u5e02\u5834\u6ce2\u52d5\u3002<\/p>\n

IFRS 17\u8981\u6c42\u76e1\u65e9\u63ed\u9732\u98a8\u96aa
\n\u91dd\u5c0d\u4fdd\u96aa\u7522\u696d\u65b0\u767c\u5e03\u7684\u570b\u969b\u8ca1\u52d9\u5831\u5c0e\u6e96\u5247\u7b2c17\u865f\u6703\u8a08\u6e96\u5247\uff08IFRS 17\uff09\uff0c\u8b93\u58d3\u529b\u6d6e\u4e0a\u6aaf\u9762\uff1a\u8981\u6c42\u516c\u53f8\u76e1\u65e9\u63ed\u9732\u98a8\u96aa\uff0c\u4e0d\u8981\u8b93\u554f\u984c\u5728\u4fdd\u55ae\u5230\u671f\u4e4b\u524d\u7e7c\u7e8c\u60e1\u5316\u3002\u65b0\u6e96\u5247\u5be6\u65bd\u6642\u9593\u5df2\u88ab\u63a8\u9072\u81f32022\u5e741\u6708\uff0c\u9810\u8a08\u5728\u97d3\u570b\u7684\u5f71\u97ff\u6703\u7279\u5225\u56b4\u91cd\uff0c\u56e0\u70ba\u97d3\u570b\u7684\u4fdd\u96aa\u516c\u53f8\u904e\u53bb\u4ee5\u9ad8\u5229\u7387\u51fa\u552e\u4e86\u8a31\u591a\u56fa\u5b9a\u6536\u76ca\u4fdd\u55ae\uff08\u65e5\u672c\u5247\u4e0d\u9700\u5f37\u5236\u5be6\u65bdIFRS\u5831\u544a\uff09\u3002<\/p>\n

\u4fdd\u96aa\u696d\u7684\u6703\u8a08\u76f8\u5c0d\u8907\u96dc\uff0c\u800c\u4e14\u904e\u53bb\u4e5f\u7f3a\u4e4f\u826f\u597d\u898f\u7bc4\u3002\u4e00\u500b\u4e3b\u8981\u56f0\u96e3\u727d\u6d89\u5230\u300c\u5408\u7d04\u670d\u52d9\u5229\u76ca\u300d\uff08Contract Service Margin, CSM\uff09\uff0c\u610f\u601d\u662f\u4fdd\u96aa\u516c\u53f8\u5728\u4fdd\u55ae\u751f\u6548\u65e5\uff0c\u5c0d\u65bc\u8a72\u4fdd\u55ae\u5168\u671f\u6240\u9810\u4f30\u4e4b\u5229\u76ca\u3002\u4fdd\u55ae\u50f9\u503c\u6e96\u5099\u91d1\u5728\u78ba\u5b9a\u98a8\u96aa\u6c92\u6709\u767c\u751f\u4e4b\u524d\uff0c\u90fd\u61c9\u8a72\u7576\u4f5c\u50b5\u52d9\uff0c\u4e26\u4e14\u5217\u5728\u8cc7\u7522\u8ca0\u50b5\u8868\u800c\u975e\u73fe\u91d1\u6d41\u91cf\u8868\u4e0a\u3002<\/p>\n

\u7136\u800c\uff0cIFRS 17\u6700\u5177\u722d\u8b70\u7684\u6539\u8b8a\uff0c\u5176\u5be6\u662f\u8b93\u8cc7\u7522\u548c\u8ca0\u50b5\u540c\u6a23\u6309\u7167\u4ee5\u5e02\u50f9\u8861\u91cf\u3002\u4ee5\u524d\uff0c\u8ca0\u50b5\u4ee5\u5e33\u9762\u50f9\u503c\uff0c\u4ea6\u5373\u767c\u884c\u6642\u7684\u50f9\u503c\u4f86\u8a08\u50f9\u3002\u4f46\u5229\u7387\u964d\u4f4e\uff0c\u5c0e\u81f4\u6298\u73fe\u7387\u4e5f\u8ddf\u8457\u964d\u4f4e\u3002\u65bc\u662f\u5149\u9760\u8907\u5229\u5c31\u7121\u6cd5\u9084\u6e05\u672a\u4f86\u7684\u8ca0\u50b5\uff0c\u5982\u679c\u6839\u64da\u6700\u8fd1\u7684\u4f4e\u5229\u7387\u53bb\u8abf\u6574\u8cc7\u7522\u8ca0\u50b5\u8868\u4e0a\u904e\u53bb\u51fa\u552e\u7684\u4fdd\u55ae\uff0c\u9019\u4e9b\u8ca0\u50b5\u7684\u73fe\u503c\u6703\u63d0\u9ad8\u3002<\/p>\n

\u7136\u800c\uff0c\u5118\u7ba1\u65b0\u6a19\u6e96\u6703\u7d66\u4fdd\u55ae\u767c\u884c\u8005\u5e36\u4f86\u96e3\u984c\uff0c\u537b\u4e5f\u6703\u8b93\u5831\u544a\u66f4\u80fd\u53cd\u6620\u8cc7\u7522\u54c1\u8cea\u3002\u5982\u679c\u4fdd\u96aa\u516c\u53f8\u73fe\u5728\u5c31\u56e0\u70ba\u9019\u9805\u6539\u8b8a\u611f\u5230\u6709\u58d3\u529b\uff0c\u5b83\u5011\u4e4b\u5f8c\u7684\u58d3\u529b\u61c9\u8a72\u6703\u66f4\u5927\u3002\u5b83\u5011\u6216\u8a31\u4e00\u76f4\u5e0c\u671b\u5728\u4fdd\u55ae\u5230\u671f\u4e4b\u524d\uff0c\u5229\u7387\u6703\u56de\u5347\u5230\u4ee5\u524d\u7684\u5747\u8861\u72c0\u614b\uff0c\u4f46\u9019\u500b\u8ad6\u9ede\u4f3c\u4e4e\u8d8a\u4f86\u8d8a\u6c92\u6709\u8aaa\u670d\u529b\u3002\u7121\u8ad6\u5982\u4f55\uff0c\u9577\u671f\u5229\u7387\u5927\u5e45\u53d6\u6c7a\u65bc\u5e02\u5834\u9810\u671f\uff0c\u800c\u975e\u592e\u884c\u653f\u7b56\u7684\u64cd\u7e31\u3002<\/p>\n

\u9019\u500b\u6210\u672c\u58d3\u529b\u9020\u6210\u7684\u5176\u4e2d\u4e00\u500b\u7d50\u679c\uff0c\u53ef\u80fd\u6703\u8b93\u4fdd\u96aa\u516c\u53f8\u66f4\u4e0d\u9858\u610f\u627f\u64d4\u5927\u898f\u6a21\u7684\u9577\u671f\u4fdd\u96aa\u3002\u8207\u6b64\u540c\u6642\uff0c\u4fdd\u96aa\u516c\u53f8\u4e5f\u6703\u85c9\u7531\u53ef\u8f49\u63db\u516c\u53f8\u50b5\uff08convertible bonds\uff09\u53bb\u8abf\u7bc0\u8cc7\u7522\u8ca0\u50b5\u8868\u4e0a\u7684\u8ca0\u50b5\u90e8\u5206\u3002\u5728\u6b63\u5e38\u60c5\u6cc1\u4e0b\uff0c\u53ef\u8f49\u63db\u516c\u53f8\u50b5\u662f\u4e00\u7a2e\u50b5\u52d9\uff0c\u4f46\u76e3\u7ba1\u8005\u6703\u70ba\u4e86\u8cc7\u672c\u9069\u8db3\u7387\u7684\u8003\u616e\uff0c\u5c07\u5176\u5217\u70ba\u80a1\u6771\u6b0a\u76ca\u3002<\/p>\n

CLOs\u554f\u984c\u4ee4\u4eba\u64d4\u6182
\n\u53e6\u4e00\u500b\u722d\u8b70\u5012\u4e0d\u662f\u56e0\u70ba\u6210\u672c\uff0c\u800c\u662f\u57fa\u65bc\u7a69\u5b9a\u6027\u3002\u7576\u4f4e\u5229\u7387\u7121\u6cd5\u7e7c\u7e8c\u50b3\u7d66\u8981\u4fdd\u4eba\uff0c\u4fdd\u96aa\u516c\u53f8\u53ef\u80fd\u6703\u300c\u8ffd\u6c42\u56de\u5831\u300d\uff08reach for returns\uff09\uff0c\u4e26\u964d\u4f4e\u5b83\u5011\u7684\u6295\u8cc7\u6a19\u6e96\u3002\u6614\u65e5\u80fd\u6709\u5408\u7406\u56de\u5831\u7684\u6295\u8cc7\uff0c\u5373\u4f7f\u4e4b\u524d\u7684\u8a55\u7b49\u90fd\u9084\u662f\u5728\u53ef\u63a5\u53d7\u7bc4\u570d\uff0c\u73fe\u5728\u53ef\u80fd\u6703\u8b8a\u5f97\u5f88\u4e0d\u7a69\u5b9a\u3002\u5728\u6b50\u6d32\uff0c\u8ca0\u5229\u7387\u6642\u671f\u5df2\u6301\u7e8c\u4e86\u4e00\u6bb5\u6642\u9593\uff0c\u300a\u7d10\u7d04\u6642\u5831\u300b\u6307\u51fa\uff0c\u6295\u8cc7\u7d1a\u50b5\u5238\u6700\u4f4e\u7b49\u7d1a\u7684BBB\u7d1a\u50b5\u5238\u51fa\u73fe\u4e86\u300c\u9700\u6c42\u66b4\u589e\u300d\u7684\u73fe\u8c61\u3002\u5728\u5e02\u5834\u5168\u9762\u6ce2\u52d5\u4e0b\uff0c\u9019\u53ef\u80fd\u5f15\u767c\u53ef\u6295\u8cc7\u8cc7\u7522\u6f5b\u5728\u7684\u77ed\u7f3a\u554f\u984c\u3002\u570b\u969b\u8ca8\u5e63\u57fa\u91d1\u7684\u5831\u544a\u5f37\u8abf\uff0c\u4e9e\u6d32\u4fdd\u96aa\u516c\u53f8\u7684\u8cc7\u7522\u8ca0\u50b5\u8868\u4e0a\uff0c\u672a\u8a55\u7d1a\u50b5\u5238\u7684\u6578\u91cf\u4ecd\u5728\u4e0d\u65b7\u589e\u52a0\u3002<\/p>\n

\u7531\u65bc\u6295\u8cc7\u8005\u6c38\u9060\u5e0c\u671b\u7372\u5f97\u66f4\u597d\u7684\u98a8\u96aa\u8abf\u6574\u5f8c\u5831\u916c\uff08risk-adjusted returns\uff09\uff0c\u300c\u8ffd\u6c42\u56de\u5831\u300d\u7684\u6b63\u5f0f\u5b9a\u7fa9\u76f8\u7576\u6a21\u7cca\u3002\u5118\u7ba1\u5982\u6b64\uff0c\u67d0\u4e9b\u76ee\u524d\u5c1a\u672a\u5b8c\u5168\u4e86\u89e3\u7684\u6a5f\u5236\uff0c\u4f3c\u4e4e\u4f9d\u7136\u6703\u8b93\u98a8\u96aa\u8a55\u4f30\u4e2d\u65e2\u6709\u7684\u5931\u771f\u554f\u984c\uff0c\u5728\u4f4e\u5229\u7387\u74b0\u5883\u4e2d\u66f4\u56b4\u91cd\u3002\u4f8b\u5982\u6d41\u52d5\u6027\uff08liquidity\uff09\u5c31\u662f\u4e00\u500b\u5f88\u96e3\u91cf\u5316\u7684\u91cd\u8981\u6982\u5ff5\u3002<\/p>\n

\u6301\u6709\u62b5\u62bc\u8cb8\u6b3e\u6191\u8b49\uff08Collateralized Loan Obligations, CLOs\uff09\u7684\u554f\u984c\u65e5\u76ca\u4ee4\u4eba\u64d4\u6182\uff0c\u9019\u7a2e\u516c\u53f8\u50b5\u52d9\u5de5\u5177\u4ee4\u4eba\u60f3\u8d772008\u5e74\u91d1\u878d\u98a8\u66b4\u6642\u7684\u64d4\u4fdd\u50b5\u6b0a\u6191\u8b49\uff08Collateralized Debt Obligations, CDOs\uff09\u3002\u8207\u6b64\u540c\u6642\uff0c\u4e00\u4e9b\u5916\u532f\u6301\u6709\u91cf\u6c92\u6709\u5f97\u5230\u5c0d\u6c96\uff0c\u6216\u8005\u5c0d\u6c96\u7684\u6642\u9593\u6bd4\u6a19\u7684\u8b49\u5238\uff08underlying security\uff09\u8981\u4f86\u5f97\u77ed\uff0c\u532f\u7387\u4e00\u65e6\u6ce2\u52d5\uff0c\u53ef\u80fd\u5c31\u6703\u5c0e\u81f4\u7e3d\u9ad4\u7d93\u6fdf\u98a8\u96aa\u3002<\/p>\n

\u9019\u908a\u7684\u6838\u5fc3\u554f\u984c\u4f3c\u4e4e\u662f\u98a8\u96aa\uff0c\u800c\u975e\u5229\u7387\u3002\u9577\u69ae\u4f73\u5bcc\uff08Evergreen Gavekal\uff09\u9867\u554f\u516c\u53f8\u7684\u8def\u6613\u65af\u6587\u68ee\u2027\u4f73\u798f\uff08Louis-Vincent Gave\uff09\u8a8d\u70ba\uff0c\u7531\u65bc70\u6b72\u4ee5\u4e0a\u7684\u4eba\u6d88\u8cbb\u6bd4\u5132\u84c4\u591a\u5f88\u591a\uff0c\u57282020\u5e74\u5f8c\u4e0d\u4e45\uff0c\u5168\u4e16\u754c\u5c31\u6703\u5f9e\u5357\u97d3\u9019\u4e9b\u570b\u5bb6\u958b\u59cb\u9010\u6f38\u56de\u5230\u901a\u81a8\u74b0\u5883\u3002\u4ee5\u9ad8\u9f61\u5316\u7a0b\u5ea6\u6700\u9ad8\u7684\u65e5\u672c\u800c\u8a00\uff0c\u6d88\u8cbb\u8005\u7269\u50f9\u7684\u901a\u8ca8\u7dca\u7e2e\u5df2\u7d93\u4e0d\u50cf2010\u5e74\u4ee3\u521d\u90a3\u9ebc\u56b4\u91cd\u3002\u4e0d\u904e\u53ef\u4ee5\u60f3\u50cf\u7684\u662f\uff0c\u5373\u4f7f\u901a\u8ca8\u7dca\u7e2e\u58d3\u529b\u7de9\u89e3\uff0c\u4e00\u500b\u7531\u8001\u9f61\u6d88\u8cbb\u9a45\u52d5\u7684\u7d93\u6fdf\u9ad4\uff0c\u6d3b\u529b\u53ef\u80fd\u9084\u662f\u4f4e\u65bc\u7531\u5927\u91cf\u5e74\u8f15\u4eba\u9a45\u52d5\u7684\u570b\u5bb6\u3002\u63db\u53e5\u8a71\u8aaa\uff0c\u4f4e\u901a\u81a8\u53ef\u80fd\u6703\u8f49\u8b8a\u70ba\u505c\u6eef\u6027\u901a\u81a8\uff0c\u7121\u6cd5\u5e36\u52d5\u7684\u8cc7\u7522\u50f9\u683c\u6210\u9577\u3002<\/p>\n

\u9019\u985e\u5206\u6790\u6709\u500b\u554f\u984c\uff1a\u5b83\u5047\u8a2d\u52de\u52d5\u5e74\u9f61\u7bc4\u570d\u56fa\u5b9a\u4e0d\u8b8a\u3002\u4f46\u65e2\u7136\u5ef6\u9577\u5de5\u4f5c\u5e74\u9650\u5df2\u6210\u70ba\u5fc5\u7136\uff0c\u7528\u5065\u5eb7\u7684\u5de5\u4f5c\u4eba\u53e3\u4f86\u8a08\u7b97\u53ef\u80fd\u6703\u66f4\u6709\u7528\uff0c\u96d6\u7136\u5f8c\u9762\u9019\u7a2e\u65b9\u5f0f\u6703\u8b93\u5357\u97d3\u8207\u65e5\u672c\u9019\u7a2e\u570b\u5bb6\u6bd4\u4e2d\u570b\u9019\u7a2e\u8f03\u7aae\u7684\u570b\u5bb6\u66f4\u6709\u512a\u52e2\uff0c\u4f46\u5728\u672a\u4f86\u5e7e\u5e74\u5167\u9019\u4e9b\u512a\u52e2\u7684\u78ba\u662f\u4e8b\u5be6\u3002\u96d6\u7136\u5de5\u4f5c\u5e74\u9650\u8b8a\u9577\u4e26\u975e\u5b8c\u5168\u90fd\u662f\u597d\u4e8b\uff0c\u4f46\u5728\u5f88\u591a\u610f\u7fa9\u4e0a\u7684\u78ba\u662f\u3002<\/p>\n

\u5ef6\u9072\u9000\u4f11\u9808\u52a0\u5f37\u5728\u8077\u8a13\u7df4
\n\u4f46\u8981\u5ef6\u9577\u5de5\u4f5c\u5e74\u9650\uff0c\u5c31\u8981\u8abf\u6574\u5f88\u591a\u5de5\u4f5c\u4e8b\u9805\u3002\u5e74\u9577\u7684\u54e1\u5de5\u96d6\u7136\u7d93\u9a57\u8c50\u5bcc\uff0c\u800c\u4e14\u901a\u5e38\u64c5\u9577\u6e9d\u901a\u8207\u89e3\u6c7a\u554f\u984c\u9019\u985e\u6574\u9ad4\u6027\u6280\u80fd\uff1b\u4f46\u53ef\u80fd\u96e3\u4ee5\u9069\u61c9\u65b0\u79d1\u6280\u8207\u65b0\u5546\u696d\u74b0\u5883\u3002\u8981\u5ef6\u9072\u9000\u4f11\uff0c\u5c31\u5fc5\u9808\u540c\u6b65\u52a0\u5f37\u5728\u8077\u8a13\u7df4\u8207\u500b\u4eba\u7684\u7368\u7acb\u8a13\u7df4\u3002OECD\u570b\u969b\u6210\u4eba\u6280\u80fd\u8a55\u91cf\u8a08\u756b\uff08Programme for the International Assessment of Adult Competencies, PIAAC\uff09\u8cc7\u6599\u986f\u793a\uff0c\u5357\u97d3\u8207\u65e5\u672c\u7684\u8077\u696d\u76f8\u95dc\u57f9\u8a13\u53c3\u8207\u7387\u90fd\u504f\u4f4e\uff0c\u56e0\u6b64\u90fd\u6709\u6539\u9032\u7a7a\u9593\u3002<\/p>\n

\u79d1\u6280\u9664\u4e86\u53ef\u4ee5\u50cf\u4e0a\u8ff0\u90a3\u6a23\u6539\u5584\u5065\u5eb7\u4e4b\u5916\uff0c\u9084\u80fd\u7528\u5176\u4ed6\u65b9\u5f0f\u5f71\u97ff\u5de5\u4f5c\u65b9\u5f0f\u3002\u7dda\u4e0a\u5b78\u7fd2\u964d\u4f4e\u4e86\u5b78\u7fd2\u6210\u672c\uff0c\u5b78\u7fd2\u6642\u9593\u4e5f\u80fd\u66f4\u9748\u6d3b\uff0c\u9019\u8207\u66f4\u5f48\u6027\u7684\u5de5\u4f5c\u5b89\u6392\u76f8\u8f14\u76f8\u6210\u3002\u6b64\u5916\uff0c\u9ad8\u9f61\u5316\u52a0\u901f\u4e86\u81ea\u52d5\u5316\uff0c\u8a31\u591a\u53d7\u5f71\u97ff\u7684\u570b\u5bb6\u7528\u6a5f\u5668\u53d6\u4ee3\u52de\u5de5\uff0c\u63d0\u9ad8\u5176\u4ed6\u5730\u65b9\u7684\u751f\u7522\u529b\u3002\u4e0d\u904e\u5728\u6b64\u540c\u6642\u4e5f\u8981\u6ce8\u610f\uff0c\u4e0d\u80fd\u8b93\u5e74\u9577\u52de\u5de5\u7684\u65b0\u6a5f\u6703\u6436\u8d70\u5e74\u8f15\u52de\u5de5\u7684\u524d\u666f\uff0c\u7562\u7adf\u5e74\u8f15\u4eba\u624d\u80fd\u63a8\u52d5\u9577\u671f\u7d93\u6fdf\u6210\u9577\u3002<\/p>\n

\u6211\u5011\u53ef\u4ee5\u4e00\u76f4\u6bd4\u8f03\u54ea\u500b\u91d1\u878d\u5de5\u5177\u3001\u8ca8\u5e63\u653f\u7b56\u3001\u98a8\u96aa\u6a21\u578b\u6bd4\u8f03\u597d\uff1b\u4f46\u5728\u8655\u7406\u6771\u4e9e\u570b\u5bb6\u9000\u4f11\u4eba\u53e3\u554f\u984c\u7684\u5404\u7a2e\u65b9\u6cd5\u4e2d\uff0c\u552f\u4e00\u4e0d\u9700\u8981\u505a\u51fa\u53d6\u6368\u7684\u65b9\u5f0f\u4f3c\u4e4e\u53ea\u6709\u63d0\u9ad8\u52de\u52d5\u529b\u904b\u7528\u7387\u3002\u5132\u84c4\u9700\u6c42\u8207\u6295\u8cc7\u6a5f\u6703\u4e4b\u9593\u7684\u5931\u8861\u4e26\u975e\u4efb\u4f55\u76e3\u7ba1\u9020\u6210\u7684\u7d50\u679c\uff0c\u800c\u662f\u73fe\u5be6\u7684\u7d93\u6fdf\u72c0\u6cc1\u3002<\/p>\n

\uff08\u672c\u6587\u4f5c\u8005\u70ba\u53f0\u7063\u91d1\u878d\u7814\u8a13\u9662\u7279\u8058\u5916\u7c4d\u7814\u7a76\u54e1\uff1b\u8b6f\u8005\u70ba\u5289\u7dad\u4eba\uff09<\/p>\n

\uff08\u672c\u6587\u6458\u81ea2020\u5e7401\u6708\u4efd\u300a\u53f0\u7063\u9280\u884c\u5bb6\u300b\u6708\u520a\uff0c\u64b0\u6587\uff1aDavid Stinson \u5b6b\u7dad\u5fb7\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"

\u3010\u53f0\u7063\u9280\u884c\u5bb6\u30112020-01-15 IFRS 17\u6700\u5177\u722d\u8b70\u7684\u6539\u8b8a\uff0c\u662f\u8b93\u8cc7\u7522\u548c\u8ca0\u50b5\u540c\u6a23\u6309\u7167\u5e02\u5834\u4f30\u50f9\u3002\u7136\u800c\uff0c\u5118\u7ba1\u65b0… Read More »\u3008\u9280\u884c\u5bb6\u89c0\u9ede\u3009\u8fce\u6230IFRS 17\u9b54\u738b \u4fdd\u96aa\u516c\u53f8\u8207\u6c11\u773e\u5982\u4f55\u56e0\u61c9\uff1f<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[],"class_list":["post-972","post","type-post","status-publish","format-standard","hentry","category-taiwan","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/posts\/972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/comments?post=972"}],"version-history":[{"count":1,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/posts\/972\/revisions"}],"predecessor-version":[{"id":973,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/posts\/972\/revisions\/973"}],"wp:attachment":[{"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/media?parent=972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/categories?post=972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/tw\/wp-json\/wp\/v2\/tags?post=972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}