The large-scale landing insurance industry has entered a stage of deepening application. Industry insiders suggest strengthening technological cooperation and ecological development, as well as enhancing the training of composite talents.

①Large-scale models help insurance companies transition from equal management to reduced management; ②The most difficult part of AI innovation in the insurance industry is the building of compound organizations; ③More and more asset management institutions are replacing investment analysis work with a combination of human and intelligent systems.

cls.cnOct 27 23:18 ET

SunCar Technology Expands Strategic Partnership With Ping An Property & Casualty Insurance Co. Across Key Provinces; Total Contract Value From These Agreements Is ~$4.2M

BenzingaOct 24 08:07 ET

CICC has taken action! What impact does SFISF have on the brokerage? What will investors buy when entering the market?

JPMorgan analysis shows that SFISF is both beneficial and detrimental to brokerages. On one hand, the cost of swaps and repurchases may increase profit/accounting value volatility, while on the other hand, if positive returns can be generated, it will increase share capital roi. In addition, most brokerages will use SFISF more for market-making or investing in large cap high dividend stocks.

wallstreetcnOct 22 02:56 ET

The first three-quarter report of the insurance industry! Ping An Life Insurance and Health Insurance new business value increased by 34% year-on-year. Industry assessment: there is still a significant increase space in the proportion of equity investment

①In the first three quarters of 2024, Ping An Insurance achieved a net income attributable to the parent company of 119.182 billion yuan, an increase of 36.1% year-on-year; ②Ping An Insurance's new business value in the first three quarters increased by 34.1% to 35.16 billion yuan; ③In the first three quarters of 2024, Ping An Insurance's insurance fund investment portfolio achieved an annualized comprehensive investment yield of 5%.

cls.cnOct 21 08:35 ET

Sunart retail may face a comprehensive tender offer acquisition, attracting attention to the trade dynamics of China International Capital Corporation, JPMorgan, and other financial institutions.

sunart retail issued 6 related announcements last night, including trade information from jpmorgan and china international capital corporation. Some analysts believe that this may be to provide liquidity support to potential tender offerors or manage related financial risks in the acquisition process. 2. Some opinions suggest that financial institutions conducting such trades at this time may be managing risks related to potential acquisitions by sunart retail.

cls.cnOct 18 07:36 ET

Express News | Chinese brokerage stocks surge, with swhy shares climbing 15% and china merchants jumping 14%.

Moomoo 24/7Oct 18 01:42 ET