Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.

① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.

cls.cnDec 20 21:27

PICC P&C (02328.HK): Ding Xiangqun has been elected as a non-executive Director.

On December 20, Gelonghui reported that PICC P&C (02328.HK) announced that Ding Xiangqun was elected as a non-executive director of the company at the extraordinary general meeting and was elected as the chairman of the sixth Board of Directors by the Board of Directors. Gong Xinyu was elected as a member of the Board of Directors' Professional Committee by the Board of Directors. Li Tao resigned from his position as a non-executive director of the company, effective from December 20, 2024, and he also automatically resigned from his position as a member of the Board of Directors' Professional Committee.

Gelonghui FinanceDec 20 18:38

Express News | The National Financial Supervision and Administration Bureau has published matters regarding the extension of the regulatory rules for Insurance company solvency supervision (II) transitional period.

BreakingsDec 20 17:36

The National Financial Regulatory Administration: Insurance companies engaging in Private Equity investment must pay attention to risks such as asset-liability mismatches.

The National Financial Regulatory Administration has formulated and issued the "Guidelines for the Application of Internal Control in Insurance Fund Operations (No. 4 - No. 6)", which mentions that when insurance companies engage in Private Equity, real estate investments, and financial product investments, they must at least pay attention to risks such as asset-liability mismatch risk, credit risk, market risk, liquidity risk, legal compliance risk, and operational risk. Furthermore, insurance companies should comply with relevant laws and regulations and regulatory requirements, establish a control mechanism for related party transactions covering underlying Assets, fulfill responsibilities related to the approval and information disclosure and reporting of related party transactions, and prevent Shareholders, actual controllers, Directors, supervisors, and senior management from exploiting related party transactions.

AASTOCKSDec 20 16:09

Reemphasizing the Market Cap management of central state-owned enterprise listed companies! In the Hong Kong stock market, the Concept of valuation generally recovers, with China United Network Communications rising nearly 3%.

① What bullish policies for dividend stocks have been announced in the market since the beginning of this year? ② How do institutions view the current dividend stocks?

cls.cnDec 18 10:51

[Brokerage Focus] BOCOM INTL expects the life insurance Industry to still have defensive and flexible characteristics at the current valuation level.

Jinwu Financial News | BOCOM INTL stated that the total life insurance premiums of five listed insurance companies from January to November 2024 grew by 5.3% year-on-year, with the growth rate slowing by 0.2 percentage points compared to January to October, mainly due to the impact of the reduction in scheduled interest rates and the early release of demand. Benefiting from the recovery in new car sales, the growth rate of property insurance premiums has steadily increased. From January to November 2024, the property insurance premiums of PICC, Ping An, and Taibao grew by 5.1%, 6.8%, and 7.0% year-on-year, respectively. ZhongAn's premium growth continued the recovery trend seen since July. The bank indicated that the assets and liabilities of the life insurance industry both performed strongly in 2024.

Jinwu Financial NewsDec 18 09:17 · Ratings