No Data
China Life Insurance Logs 671.7 Billion Yuan in 2024 Premium Income
Hong Kong stocks closed (01.10) | The Hang Seng Index fell by 0.92%, Tencent Related stocks plunged across the board, and SUNAC (01918) dropped over 25%.
Hong Kong stocks opened high again today but fell, marking a five-day decline. The three major Indices further widened their losses in the afternoon, each briefly dropping over 1%.
Express News | China Life Insurance - Accumulated Premium Income for Jan to Dec RMB671.7 Bln
China Life Insurance (601628.SH) accumulated original insurance premium income of approximately 671.7 billion yuan from January to December, a year-on-year increase of 4.7%.
China Life Insurance (601628.SH) announced that the company will operate from January 1, 2024, to December 31, 2024...
Mainland Insurance Companies are under pressure, New China Life Insurance (02628) fell by 4.82%, it is reported that the mainland will lower the guaranteed interest rate for life insurance products in the next season.
Golden Watch | Mainland Insurance Companies are under pressure. As of the time of writing, New China Life Insurance (01336) has dropped 4.82%, China Life Insurance (02628) has fallen 4.67%, CHINA TAIPING (00966) has decreased by 4.34%, Ping An Insurance (02318) has declined by 4.21%, and China Pacific Insurance (02601) has decreased by 4.18%. According to media reports citing an industry insider, the upper limit for the preset interest rate of newly filed regular insurance products is expected to decrease from 2.5% to 2%; the upper limit for the preset interest rate of newly filed participating insurance products is expected to be adjusted down from 2% to 1.5%; the minimum guarantee for newly filed universal insurance products is under consideration.
Hong Kong stocks moving differently | Mainland Insurance Companies fell in the morning as news emerged that insurance companies will once again adjust the scheduled interest rates. Institutions state that the Industry's investment side in stocks and bonds
Mainland Insurance Companies fell in the morning, as of the time of writing, New China Life Insurance (01336) was down 4.95%, at HKD 21.1; China Life Insurance (02628) was down 3.94%, at HKD 13.16; China Pacific Insurance (02601) was down 3.74%, at HKD 21.9; The People's Insurance (01339) was down 1.63%, at HKD 3.61.
No Data
