Express News | Shionogi & Co Ltd - Notice Regarding the Dissolution of Joint Ventures and Share Transfer Agreement With Ping an Insurance Company of China

ReutersDec 23 01:32 ET

After long-term bonds fell below 2%, insurance funds shifted towards equity assets, with high dividend and high ROE being the top choices.

Recently, the yield on 30-year government bonds has fallen below 2.0%. Guosen believes that the central tendency of long-term bond rates continues to decline, and the pressure on investment income from insurance funds is further increasing. Since the beginning of this year, companies represented by Great Wall Life, China Pacific Insurance, and Ruizhong Life have been increasing their stakes in high-quality listed companies, mainly concentrated in industries such as utilities, transportation, and Banks, which have high dividend yields and relatively stable ROE levels.

wallstreetcnDec 22 20:16 ET

Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.

① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.

cls.cnDec 20 08:27 ET

[Brokerage Focus] BOCOM INTL expects the life insurance Industry to still have defensive and flexible characteristics at the current valuation level.

Jinwu Financial News | BOCOM INTL stated that the total life insurance premiums of five listed insurance companies from January to November 2024 increased by 5.3% year-on-year, with a slowdown of 0.2 percentage points compared to January to October, mainly due to the impact of the reduction in scheduled interest rates and the early release of demand. Benefiting from the rebound in new car sales growth, the growth rate of property insurance premiums is steadily increasing. From January to November 2024, the property insurance premiums of PICC, Ping An, and Taibao increased by 5.1%, 6.8%, and 7.0% year-on-year, respectively. Zhong An's premium growth continued the upward trend seen since July. The bank indicated that both the asset and liability sides of the life insurance industry will perform strongly in 2024.

Jinwu Financial NewsDec 17 20:17 ET

Express News | China Glass - Ping an International Financial Leasing (Tianjin) to Buy Certain Machineries & Equipment for Float Glass Production Line

ReutersDec 17 06:54 ET

Open-source securities: The proportion of dividend-type products has increased, and the strong start for insurance companies is expected to continue.

The transformation of individual insurance channels has shown results, and the medium to long-term demand for dividend insurance is promising; high-quality growth is expected to continue in 2025.

Zhitong FinanceDec 17 00:59 ET