Economic observation of the first quarter | The insurance market is experiencing a "chilly spring": sales are cooling down and dividend insurance awaits a "breakthrough".

①In the first quarter, premium income has "cooled off". On one hand, this is influenced by the "high base" from the previous hot sales of savings insurance, and on the other hand, it is related to the regulatory restrictions on the maximum predetermined interest rates and the "one document for filing" policy. ②Against the backdrop of low interest rates, participating insurance products have certain competitive advantages, but for clients to truly trust and accept them, it requires guidance from high-quality agents and the accumulation of time.

cls.cnMar 31 10:45 ET

The net profit of A-share listed insurance companies increased by 70%, and China Life Insurance responded to low-interest rate risks with a "coordinated multi-objective" approach.

Currently, all five listed insurance companies in the A-share market have completed their performance disclosures for 2024, with Ping An, China Life, Taikang, PICC, and New China recording a net profit attributable to shareholders of 3,476...

wallstreetcnMar 31 06:24 ET

DBS Bank: China Life Insurance (02628) NBV profit margin outlook is under pressure based on long-term investment assumptions, lowering the Target Price to HKD 19.

The bank stated that the Industry has generally adjusted the long-term investment return assumptions down by 50 basis points, and the company's product structure has significantly shifted towards participatory products.

Zhitong FinanceMar 31 05:54 ET

March 31 Insurance Daily丨Five major insurance companies achieved a net profit of 347.6 billion in 2024, adhering to a high dividend strategy, and the Financial Regulatory Authority announced new policies for Retirement finance!

The five major insurance companies achieved a net income of 347.6 billion in 2024. Persisting in a high dividend strategy and driven by investments, the listed insurance companies delivered an impressive performance in 2024. The five major A-share listed insurance companies combined realized a net income of 347.6 billion yuan, a year-on-year increase of 77.72%. Among them, China Life Insurance, New China Life Insurance, and China Pacific Insurance achieved historical highs in net income attributable to their parent companies. From the annual reports of each listed insurance company, it is clear that the investment sector is undoubtedly the greatest contributor to the significant increase in net income. The total investment income of the five major A-share listed insurance companies doubled year-on-year, totaling 7969.

Market NewsMar 31 03:32 ET

China Life Insurance Co. Achieves Record Net Profit and Strong Growth Prospects: Buy Rating Affirmed

TipRanksMar 31 02:45 ET · Ratings

Analysts Are Betting On New China Life Insurance Company Ltd. (SHSE:601336) With A Big Upgrade This Week

Simply Wall StMar 30 20:09 ET