601318 Ping An Insurance
- 52.62
- -0.27-0.51%
Ping An Insurance News
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.
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.
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.
Express News | Ping An Insurance provides over 1 billion yuan in funding support for agricultural-related industries in Inner Mongolia.
Quick look at the Hong Kong market | All three major Indices closed higher, the Science and Technology Index rose nearly 2%; technology, Autos, and Biotechnology stocks climbed, with Li Auto rising over 5%, and Xiaomi Group and WUXI BIO rising nearly 3%.
Many Network Technology stocks are rising, XIAOMI-W is up 2.84%, Baidu Group-SW is up 1.74%; Semiconductor stocks are all rising, HG SEMI is up 7.64%, BEKE is down 2.78%; Autos stocks are climbing, LEAPMOTOR is up 6.42%, BRILLIANCE CHI is up 6.29%;
Major bank ratings丨CMB International: Maintain "Shareholding" rating for the insurance Sector. Bullish on China Pacific Insurance, China Life Insurance, Ping An Insurance and AIA.
Glory Financial reported on December 18 that this year, China's Insurance industry has entered a new stage of high-quality transformation under the protection of policies and a low-interest rate environment. Due to considerations of preventing interest rate risk, the regulatory authority has lowered the upper limit of life insurance pricing interest rates by 100 basis points within two years, starting this cycle of declining life insurance pricing rates. It is indicated that the property insurance industry, along with the rapid increase in the ownership and penetration rate of Electric Vehicles, is expected to further open up premium growth opportunities in car insurance; the introduction of innovative non-auto insurance products and the ongoing strengthening of regulatory risk reduction management lay a foundation for diversified operations and high-quality development in the industry. It is indicated that the current board.
"Dai Hang" Zhaoyin International: Value growth shows signs of dawn, recommending 4 Insurance.
Zhao Yin International published a report indicating that this year, China's Insurance industry has entered a new stage of high-quality transformation under the protection of policies and a low-interest-rate environment. The Life Insurance Industry has adjusted the upper limit of the pricing interest rate for life insurance down by 100 basis points within two years to prevent the risk of interest rate loss, starting this downward cycle of life insurance pricing interest rates. The report indicates that the Property Insurance Industry is expected to further open up growth potential for auto insurance premiums, accompanied by the rapid increase in the number and penetration rate of Electric Vehicles. The launch of innovative non-auto insurance products and the continuous strengthening of regulatory risk reduction management will lay a foundation for diversified operation and high-quality development in the industry. In terms of investment, recent years have seen a decline in long-term interest rates and deposit
[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.
Express News | More than 800 companies have implemented dividends this year. Which A-share "New Year red envelope" is the most generous?
Ping An Asset Management increased shareholding in Industrial And Commercial Bank Of China (01398) by 28.664 million shares at a price of approximately 4.80 Hong Kong dollars per share.
On December 13, Ping An Asset Management increased its shareholding in the Industrial And Commercial Bank Of China (01398) by 28.664 million shares at a price of 4.7987 HKD per share, for a total amount of approximately 0.138 billion HKD.
Open-source securities: The proportion of dividend-type products has increased, and the strong start for insurance companies is expected to continue.
The transformation of individual insurance channels has shown results, and the medium to long-term demand for dividend insurance is promising; high-quality growth is expected to continue in 2025.
Passenger Vehicle Usage-based Insurance Market - Growth Opportunities Analysis 2024-2030
EASYKNIT INT'L (01218) sells 0.16346 million shares of Ping An Insurance.
EASYKNIT INT'L (01218) announced that Yunrong (a wholly-owned subsidiary of the company) will on December 1, 2024...
Big Bank Ratings丨JPMorgan: Recent pullbacks provide an opportunity to increase shareholding in high-quality Chinese financial stocks, with China Merchants Bank as the preferred choice.
Gelonghui, December 16 | JPMorgan issued a Research Report stating that considering the authorities have adopted a more aggressive policy tone to stimulate Consumer spending, it is expected to be favorable for the Banks' loan portfolio. Additionally, with the expansion of the personal Retirement plan in mainland China, a cautiously optimistic view on the financial market outlook remains. The recent correction will present an opportunity for investors to increase their Shareholding in high-quality Chinese financial stocks. JPMorgan believes that the authorities will also prioritize preventing financial risks, which may indicate that the net interest margin might stabilize. It is anticipated that in the future, the central government will implement stronger measures to reduce the Banks' financing costs and lower the LPR rate, with hopes of resuming loan growth, a moderate rebound in the Capital Markets atmosphere, and consumer spending.
[Brokerage Focus] HTSC points to the development opportunities of commercial Medical insurance against the backdrop of medical reform.
Golden News | HTSC's Research Reports indicate that the DRG/DIP payment reform aimed at improving the efficiency of Medical Insurance Fund usage is progressing steadily, changing the behavior patterns of Medical Institutions. The willingness of Hospitals to control costs has increased, and completing inpatient treatment processes with drugs and medical devices within the Medical Insurance catalog under limited budgets has become the optimal solution. For consumers with payment capacity, purchasing "independent" commercial Medical Insurance may generate strong demand for drugs and medical devices outside of the Medical Insurance catalog, or create development opportunities for mid-end health insurance, with new premium income expected to reach hundreds of billions or even trillions. Long-term development experiences from various countries show that economic growth will drive health spending.
"Big Event" by Morgan Stanley: The expansion of the China Economic Association and personal Retirement funds presents a recent pullback opportunity to increase Shareholding in high-quality Chinese financial stocks.
JPMorgan published a research report stating that after the release of the central economic work conference press release, the CSI 300 Index and the Hang Seng China Enterprises Index adjusted by 1.8% and 1.9% during the trading session on Friday morning (13th) respectively. However, considering that the authorities are adopting a more proactive policy tone to stimulate Consumption, it is expected to be favorable for the Banks' loan portfolio, combined with the expansion of personal Retirement plans in mainland China. Currently, there remains a cautiously optimistic outlook on the financial market. The recent pullback will be an opportunity for investors to increase their Shareholding in high-quality Chinese financial stocks. JPMorgan believes that the authorities will also prioritize preventing financial risks, which may imply a stabilization of net interest margins, and it is anticipated that the central government will introduce more measures in the future.
Hong Kong Stock Announcement Gold Mining | In the first 11 months, Ping An Insurance's premium income from original insurance contracts totaled approximately 796.3966 billion yuan, a year-on-year increase of 7.86%.
GRANDPHARMA (00512): The Phase II clinical study of the global innovative product STC3141 in China has completed the enrollment of all patients.
Ping An Insurance Reports Mixed 11-Month Premium Income Results
Ping An Insurance (02318.HK) recorded a year-on-year increase of 8.8% in life insurance original premium income for the first eleven months.
Ping An Insurance (02318.HK) announced that in the first eleven months of this year, the premium income from original insurance contracts of its subsidiary, Ping An Property & Casualty Insurance, was 292.3 billion yuan (same below), a year-on-year increase of 6.8%; premium income from Ping An Life Insurance was 472.1 billion yuan, an increase of 8.8% year-on-year; premium income from Ping An Retirement Insurance reached 15.88 billion yuan, a year-on-year decrease of 4.9%; and premium income from Ping An Health Insurance was approximately 16.1 billion yuan, an increase of 14.1% year-on-year.
Express News | Ping An Insurance: From January to November, cumulative property insurance premium income reached 292.3 billion yuan.
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