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The suspension of sales is driving! In August, the premium for personal insurance in the five major A-share insurance companies skyrocketed, with Xinhua and PICC Life's monthly growth rate exceeding 90%.
1. Under the effect of "suspension of sales", life insurance new policies did not decrease in August. 2. In the month of August, New China Life Insurance and China Life Insurance saw a staggering year-on-year increase of 122% and 95% in premium income. 3. In the month of August, Ping An Life Insurance, China Life Insurance, and Taikang Life Insurance saw a year-on-year growth of over 25% in premium income.
Gelonghui Announcement Selection (HK Stock) | Metallurgical Corporation of China (01618.HK) August new contract amount of 831.05 billion yuan, with overseas new contract amount increasing by 85.1%.
【Today's Focus】Metallurgical Corporation of China (01618.HK): New contract value for Jan-Aug reaches 831.05 billion yuan, with overseas contracts growing by 85.1% Metallurgical Corporation of China (01618.HK) announced that the new contract value for January to August 2024 amounted to 831.05 billion yuan, a decrease of 6.5% compared to the same period last year. The new overseas contract value stood at 58.97 billion yuan, representing an 85.1% increase over the same period last year. 【Major Events】 COSCO Ship Engy (01138.HK) to build two ships at a total cost of approximately 3.46 billion yuan, while Johnson Hldgs (01955.HK) won the bid for a total amount.
Ping An Insurance Reports Mixed Premium Income Growth
Ping An Insurance (02318.HK) had a total premium income of approximately 620.706 billion yuan from January to August, a year-on-year increase of 7.64%.
On September 13, Guolonghui announced that in January-August 2024, its subsidiaries, Ping An Property Insurance Company of China, Ping An Life Insurance Company of China, Ping An Pension Insurance Company, and Ping An Health Insurance Company, had original insurance contract premium income of approximately RMB 210.9999 billion, 384.62875 billion yuan, 12.81192 billion yuan, and 12.26534 billion yuan, totaling approximately 620.706 billion yuan, a year-on-year increase of 7.64%.
Express News | Ping an Insurance - Accumulated Gross Premium Incomes From Jan to Aug for Ping an Property + Casualty Insurance RMB211 Mln
Express News | BNP Paribas SA Increases Long Position in H-Shares of Ping an Insurance to 5.76% on Sept 9 From 4.95% - HKEX
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104998465 : Good comeback today, good effort, at least not just lying down and get fk by shorties