Support insurance companies to increase the maximum insurable age and enhance the mobile app's aging-friendly upgrade. The new financial aging-friendly regulations have arrived.

1. The current supply of the third pillar financial products for retirement in China is still limited, with issues such as some retirement savings unable to be locked for retirement purposes, limited supply of retirement financial products, and the need to strengthen the diversity and accessibility of retirement insurance. 2. The guidelines propose increasing the research and development efforts of elderly financial products, supporting insurance companies to raise the upper age limit for insurance, and emphasizing the insurance protection needs of individuals aged 70 and above.

cls.cnNov 14 10:50 ET

Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.

①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.

cls.cnNov 7 02:30 ET

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