Changjiang Securities: Asset-end contradictions remain the core factor in the valuation of insurance for 24 years.

Looking back at the changes in the valuation of the insurance industry from 2011 to now, improvements in assets have been a common factor in the rebound of the valuation six times, while the termination of the market is mostly due to the deterioration of assets, and the industry as a whole exhibits a strong beta property.

Zhitong FinanceJul 22 03:10 ET

China Merchants Securities: There may still be room for a reduction in life insurance reserve interest rates, will continue to be bullish on the sector's opportunities in the mid-year report.

Benefiting from the sustained supply and demand of savings insurance, it is expected that the NBV growth rate of listed insurance companies in the first half of 2024 will be above double digits and profits are also expected to increase.

Zhitong FinanceJul 19 03:10 ET

Haitong Securities: Strengthen product and service supply to create a comprehensive ecological system of 'insurance + retirement.'

Basic retirement insurance has a wide coverage, but currently faces significant payment pressures. As of the end of 2023, the number of participants in basic retirement insurance accounted for 76% of the total population that year, and has entered a phase of slow growth. In addition, the accumulated surplus is largely dependent on subsidies from various levels of government finance. According to the calculations of the Chinese Academy of Social Sciences, the accumulated surplus will be completely exhausted by 2035.

Zhitong FinanceJul 18 23:37 ET

Breaking News: Insurance stocks show a collective rise, with the top five insurance companies achieving a premium income of 1.76 trillion in the first half of the year. Full-year NBV is expected to have a high-quality growth.

On July 18th, insurance stocks (BK1130.HK) rose collectively. As of press time, PICC P&C (02328.HK) rose 4.01% to 9.6 Hong Kong dollars; China Pacific Insurance (02601.HK) rose 3.69% to 21.1 Hong Kong dollars; and China Taiping (00966.HK) rose 1.61% to 8.21 Hong Kong dollars. Market data source: Futubull. In the first half of this year, the original insurance premium income of the five listed insurance companies, Ping An Insurance, China Life Insurance, the People's Insurance, China Taiping Insurance, and New China Life Insurance, increased by 3.0% YoY, with the total amount being 1763.3 billion yuan.

Zhitong FinanceJul 18 02:18 ET

Huaxi Securities: Traditional insurance remains the main focus of insurance sales. Dividend insurance continues to be launched and the health insurance layout is further improved.

Currently, assets are still an important factor in suppressing the valuation of insurance companies. In a low-interest-rate environment, it is expected that insurance companies will successively reduce the interest rates of traditional insurance products and continue to launch bonus-based and universal insurance products to reduce the pressure of "interest differential losses", while also increasing the layout of health insurance to increase "mortality differential gains".

Zhitong FinanceJul 16 02:06 ET

China Taiping Insurance Holdings' (HKG:966) Earnings Have Declined Over Five Years, Contributing to Shareholders 54% Loss

China Taiping Insurance Holdings Company Limited (HKG:966) shareholders will doubtless be very grateful to see the share price up 39% in the last quarter. But that doesn't change the fact that

Simply Wall StJul 14 21:20 ET