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New China Life Insurance's Premiums Rise 1.9% in August
New China Life Insurance (01336) accumulated original insurance premium income of 130.282 billion yuan in the first eight months, a year-on-year increase of 1.9%.
New China Life Insurance (01336) announced that the company's financial statements for the period from January 1, 2024 to August 31, 2024...
Express News | New China Life Insurance - Accumulated Gross Premium Income Between 1 January and 31 August RMB130,282.18 Mln
The third "国十条" of the insurance industry has activated the trillion-dollar retirement financial market. The direction of the development of the three-pillar retirement insurance has been determined!
① Vigorously develop commercial insurance annuities to meet the diversified retirement protection and long-term financial planning needs of the public; ② Encourage the development of new products and exclusive products that adapt to the individual pension system; ③ Support pension insurance companies in conducting commercial pension business and promote the development of exclusive commercial retirement insurance.
Shenwanhongyuan: Bullish on the improvement of insurance interest rate risk stage and the performance exceeding expectations has a positive catalytic effect on the valuation of the sector.
The performance of the insurance sector in the first half of the year exceeded expectations, bullish on the improvement of interest rate spread risk stage and the positive catalyst for the valuation of the insurance sector from some institutions that have exceeded expectations in the third quarter.
NCI: Interim Report 2024
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