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[Brokerage Focus] Zhuhai International is bullish on leading insurance companies with a high asset-liability matching degree.
Golden Financial News | CMB International indicated that the slowing growth rate of life insurance premiums in October is in line with market expectations, mainly due to the previous scheduled interest rate reduction leading some customers to advance their savings demand, as well as listed insurance companies achieving their annual performance goals and shifting focus to a strong start in 2025, driving changes in product and operation strategies. The cumulative premium growth rate of life insurance of listed insurance companies in the first 10 months slightly decreased compared to the previous month. Channel survey results indicate that there are still certain challenges in the sales of dividend insurance; the bank predicts that the additional 2.5% pricing of whole life, annuity, and universal life insurance will continue to be the key products for sales openings in the industry, especially for mid-sized insurance companies. Looking ahead to the fourth quarter, the bank forecasts...
New China Life Insurance Books 1.8% Higher Premium Income for January-October
Hong Kong stock market anomaly | Mainland insurance companies rose in early trading, maintaining the growth momentum of listed insurance companies premiums in the first 10 months. The attention to the 25-year 'great start' has increased.
Mainland insurance companies rose in the morning session, as of the time of publication, new china life insurance (01336) rose by 4.56%, trading at 25.2 Hong Kong dollars; china life insurance (02628) rose by 3.52%, trading at 15.9 Hong Kong dollars; china pacific insurance (02601) rose by 4.41%, trading at 26.05 Hong Kong dollars; china taiping (00966) rose by 3.4%, trading at 12.76 Hong Kong dollars.
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New China Life Insurance Reports Higher Premium Income