Changjiang Securities: Asset-end contradictions remain the core factor in the valuation of insurance for 24 years.

Looking back at the changes in the valuation of the insurance industry from 2011 to now, improvements in assets have been a common factor in the rebound of the valuation six times, while the termination of the market is mostly due to the deterioration of assets, and the industry as a whole exhibits a strong beta property.

Zhitong FinanceJul 22 03:10 ET

China Merchants Securities: There may still be room for a reduction in life insurance reserve interest rates, will continue to be bullish on the sector's opportunities in the mid-year report.

Benefiting from the sustained supply and demand of savings insurance, it is expected that the NBV growth rate of listed insurance companies in the first half of 2024 will be above double digits and profits are also expected to increase.

Zhitong FinanceJul 19 03:10 ET

Haitong Securities: Strengthen product and service supply to create a comprehensive ecological system of 'insurance + retirement.'

Basic retirement insurance has a wide coverage, but currently faces significant payment pressures. As of the end of 2023, the number of participants in basic retirement insurance accounted for 76% of the total population that year, and has entered a phase of slow growth. In addition, the accumulated surplus is largely dependent on subsidies from various levels of government finance. According to the calculations of the Chinese Academy of Social Sciences, the accumulated surplus will be completely exhausted by 2035.

Zhitong FinanceJul 18 23:37 ET

China Life Insurance CFO's Qualification Approved

TipRanksJul 18 04:44 ET

China Life Insurance (02628.HK): The financial principal Yuan Ying's appointment qualifications have been approved by the China Banking and Insurance Regulatory Commission.

On July 18th, Grohmann Hui announced that it has received a reply from the China Regulatory Commission regarding the qualification for Yuan Ying's appointment. According to the reply, the China Regulatory Commission has approved Yuan Ying's qualifications as the company's financial director. Her appointment will take effect from July 10, 2024.

Gelonghui FinanceJul 18 04:33 ET

The insurance sector is generally rising. PICC P&C (02328) rose by 3.68%. Institutions indicated that the net income of life insurance is expected to improve quarter by quarter due to the low base.

Insurance stocks generally rose, with PICC P&C up 3.68%, China Pacific Insurance up 3.44%, Prudential, China Life Insurance, PICC Group, and za online up more than 1%. Open Source Securities Research Report pointed out that the life insurance liability side has a good business environment, and net profits are expected to improve quarter by quarter under a low base, the industry's debt cost is expected to continue to decline, and the stable stage of the asset side interest rate spread loss is expected to improve. We remain bullish on investment opportunities in the life insurance sector and focus on mid-year reports, long-term interest rates, and July policies.

金吾財訊Jul 18 01:22 ET