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New China Life Insurance Logs Over 2% Rise in 11-Month Premium Income
New China Life Insurance (01336): Gong Xingfeng resigns as Chief Actuary.
New China Life Insurance (01336) announced that the Board of Directors received Mr. Gong Xingfeng's... on December 12, 2024.
New China Life Insurance (601336.SH): In the first 11 months, cumulative premium income reached 163.166 billion yuan, an increase of 2.2% year-on-year.
Gelonghui reported on December 13 that New China Life Insurance (601336.SH) announced that from January 1, 2024, to November 30, 2024, the cumulative original insurance premium income was 163.166 billion yuan, a year-on-year increase of 2.2%. The company's dual enhancement of scale value and dual optimization of quality structure have further demonstrated high-quality connotative development results.
Express News | New China Life Insurance - Gross Premium Income of New China Life Insurance Between Jan and Nov RMB163,166.30 Mln
Hong Kong stocks fluctuate | Mainland Insurance Companies continue to decline as the 30-year treasury yield drops below the 2% mark, affecting the investment returns of insurance companies' Fixed Income Assets.
Mainland Insurance Companies continued to decline. As of the time of writing, China Pacific Insurance (02601) fell by 4.67% to 24.5 Hong Kong dollars; China Life Insurance (02628) dropped by 3.33% to 15.08 Hong Kong dollars; The People's Insurance (01336) decreased by 3.9% to 24.65 Hong Kong dollars; The People's Insurance (01339) declined by 3.85% to 3.75 Hong Kong dollars.
Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."
① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.
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