香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公告 的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示 ， 概 不 對 因 本 公 告 全 部 或 任 何 部 份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 於本公告日，本公司董事長為丁向群女士（非執行董事），副董事長為于澤先生（執行董事），降 彩石先生、張道明先生及胡偉先生為執行董事，獨立董事為程鳳朝先生、魏晨陽先生、李偉斌先生、 曲小波先生及薛爽女士。 ( 在中華人民共和國註冊成立之股份有限公司 ) (股份代號: 2328) 董事會會議召開日期 中國人民財産保險股份有限公司（「本公司」）宣佈，本公司將於 2025 年 10 月 30 日 （星期四）舉行董事會會議，會上將審議及批准本公司截至 2025 年 9 月 30 日止九個月 之未經審計第三季度業績及其刊發。 承董事會命 中國人民財產保險股份有限公司 畢欣 董事會秘書 中國北京，2025 年 10 月 16 日 ...

Core Viewpoint - China Pacific Insurance (02328.HK) expects a net profit increase of approximately 40% to 60% for the first three quarters of 2025 compared to the same period in 2024, with the 2024 net profit recorded at 26.75 billion RMB [1] Group 1: Financial Performance - The company anticipates a significant growth in net profit for the first three quarters of 2025, driven by a stable and improving economic environment in China [1] - The projected net profit increase is based on the company's strategic focus on enhancing operational management and risk control capabilities [1] Group 2: Strategic Initiatives - The company is committed to the "Five Major Articles" of financial services and is implementing supply-side structural reforms in the insurance sector [1] - There is a strong emphasis on optimizing management models and reinforcing strategic layouts in key areas to improve business quality and efficiency [1] Group 3: Market Outlook - The company maintains a positive outlook on the development prospects of the Chinese economy and capital markets [1] - The optimization of asset allocation has amplified the positive effects of the capital market's rise, leading to a substantial year-on-year increase in total investment returns [1]

2025年前三季度，我国经济运行总体平稳向好，公司坚持稳中求进工作总基调，聚焦服务中国式现代 化，做好金融"五篇大文章"，深化保险供给侧结构性改革，落实人保集团"五个一流"目标要求，优化经 营管理模式，强化重点领域战略佈局，推动业务发展提质增效、资源配置精准高效、数字化转型走深向 实，不断提升经营管理能力和风险防控水平，承保利润同比大幅增长。同时，公司坚定看好中国经济和 中国资本市场发展前景，在保持流动性安全边际的基础上，公司适度增配具有长期价值的优质权益类资 产。受益于前三季度资本市场上涨，公司配置结构的优化放大了市场上涨的正向效应，总投资收益同比 增幅较大。 中国财险(02328)发布公告，根据公司初步测算，预计公司2025年前三季度(2025年1月1日至2025年9月30 日)净利润与2024年同期相比将增加约40%到60%。 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示 ， 概 不 對 因 本 公 告 全 部 或 任 何 部 份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 (在中華人民共和國註冊成立之股份有限公司) (股份代號: 2328) 四、其他說明事項 2025 年前三季度業績預增公告 本公告乃中國人民財產保險股份有限公司（「本公司」）根據證券及期貨條例（香港法 例第 571 章）第 XIVA 部之內幕消息條文（定義見上市規則）及香港聯合交易所有限公 司證券上市規則（「上市規則」）第 13.09 條而發出。 一、本期業績預告情況 （一）業績預告期間：2025 年 1 月 1 日至 2025 年 9 月 30 日。 （二）業績預告情況：根據本公司初步測算，預計本公司 2025 年前三季度淨利潤與 2024 年同期相比將增加約 40%到 60%。 （三）本期業績預告未經本公司審計師審計或審閱。 二、上年同期業績情況 2024 年 ...

智通财经APP获悉，国泰海通发布研报称，25Q3权益市场整体向好，叠加保险公司优化资产结构提升 权益资产配置，预计投资收益显著提振，预测25年前三季度上市险企净利润在2024年同期高增长基础上 继续同比大幅增长，且较25年半年度的利润增长进一步提速。25年1-8月寿险保费增长景气，预计得益 于上市险企把握定价利率下调前窗口期推动新单集中销售，银保渠道日益成为价值增长的重要贡献来 源。财险方面，预计车险综改持续深化以及非车险"报行合一"导向下行业保费增长逐步由追求规模、速 度向追求质量、效益转变。 国泰海通主要观点如下： 预计财险保费缓慢增长，巨灾赔付提升不改COR改善趋势 预计车险综改持续深化以及非车险"报行合一"导向下行业保费增长逐步由追求规模、速度向追求质量、 效益转变。受制于25Q3台风等自然灾害仍然频发，预计赔付率仍有一定压力，得益于风险减量持续显 效预计对COR负面影响相对有限；另一方面，得益于上市险企严格落实监管"报行合一"强化费用管控， 预计费用率持续改善。预计25年前三季度上市险企COR延续改善态势，分别为：中国财险(96.1%，同 比-2.1pt)、平安财险(96.6%，同比-1.2pt)、 ...

Core Viewpoint - Citigroup has initiated a positive catalyst observation for China Pacific Insurance's Q3 2025 performance, anticipating that the company's results will exceed market expectations due to frequent typhoons and high investment returns [1] Financial Performance - Citigroup expects China Pacific Insurance's combined ratio (CoR) for the first nine months of FY2025 to improve significantly by 2 percentage points year-on-year to 96.2%, which is the best performance among listed peers, with a greater improvement than the 1.5 percentage points increase seen in the first half of FY2025 [1] - The company is projected to benefit from an increased allocation in growth stocks and a strong rally in the A-share market in Q3 FY2025, leading to a forecasted net profit growth of 45% year-on-year, reaching 38.8 billion yuan, close to the market consensus estimate of 39.9 billion yuan for FY2025 [1] Investment Rating - Citigroup has assigned a "Buy" rating to China Pacific Insurance with a target price of 21.2 HKD, highlighting its best-in-class industry performance and favorable positioning in the ongoing auto insurance reform [1]

Core Points - The China People's Property Insurance Company Huizhou Branch was fined 340,000 yuan due to false financial data [1][2] - The former general manager, Guo Weichao, received a warning and a fine of 50,000 yuan [1][2] Group 1 - The administrative penalty was disclosed by the National Financial Supervision Administration Guangdong Regulatory Bureau on October 15 [1][2] - The total fines imposed amounted to 390,000 yuan, combining the fines for the company and the individual [1][2] Group 2 - The specific violation was related to the untruthfulness of financial business data [2]

Investment Rating - The report indicates a stable growth trend in the property insurance industry, with a focus on diversified product strategies to explore new development spaces [3][4]. Core Insights - The property insurance companies have maintained growth in insurance business revenue, with auto insurance being the primary business line, although its revenue share is declining [3][4]. - The overall insurance business revenue for property insurance companies reached 964.5 billion yuan in the first half of 2025, reflecting a year-on-year growth of 5.11% [3]. - The health insurance segment has shown significant growth, with revenue increasing by 16.68% to 160.9 billion yuan in the same period [3]. - The market concentration remains high, with the top three property insurance companies holding over 60% of the market share [4]. - The net profit of property insurance companies significantly improved, with a total of 53.7 billion yuan in net profit for the first half of 2025, a year-on-year increase of 35.65% [8]. Summary by Sections Business Performance - The auto insurance business generated 450.5 billion yuan in revenue, growing by 4.50%, while the share of this segment continues to decline [3]. - Non-auto insurance segments, particularly health insurance, are gaining importance, with health insurance revenue reaching 160.9 billion yuan [3]. - The overall premium income for property insurance companies was 964.5 billion yuan, with a notable increase in health insurance and a slight decline in agricultural and liability insurance growth rates [3][8]. Market Dynamics - The competitive landscape of the property insurance market has remained stable, with high market concentration and significant advantages for leading companies [4]. - Internet insurance has shown robust growth, with a premium scale of 494.9 billion yuan in 2023, reflecting a compound annual growth rate of 32.8% over the past decade [5]. Investment and Financial Health - The investment income of property insurance companies has improved, with an annualized financial investment return of 3.05% and a comprehensive investment return of 5.51% in 2024 [6]. - As of June 2025, the total investment balance of property insurance companies reached 2.35 trillion yuan, with a significant portion allocated to bonds [6][10]. - The solvency ratios of property insurance companies have improved, with core solvency ratios at 211.2% and comprehensive solvency ratios at 240.6% as of June 2025 [10]. Regulatory Environment - Regulatory bodies are maintaining a cautious approach, focusing on risk prevention and promoting high-quality development within the insurance industry [11]. - Recent regulatory changes aim to enhance the stability and governance of insurance companies, ensuring a more robust operational framework [11].

在庄严肃穆的气氛中，全体党员肃穆而立，向为革命事业英勇献身的烈士们静默致哀，追忆先烈事迹， 感悟革命先辈们舍生取义、无私奉献的崇高精神。此次主题党日活动，是一次深刻的党性教育和精神补 钙，不仅让党员们接受了深刻的红色教育，更凝聚了支部力量、强化了党性修养，为后续工作的开展注 入了强大的精神动力。 江南时报讯 近日，人保财险南京线上服务业务部党支部组织全体党员前往游子山烈士陵园，开展 "缅怀革命先烈、传承红色基因"主题党日活动，在庄严肃穆的氛围中接受红色精神洗礼。 ...

Core Viewpoint - The insurance industry in Xinjiang has significantly contributed to the region's economic and social development over the past 70 years, providing essential support for people's livelihoods and stability [2] Group 1: Social Responsibility and Insurance Coverage - The insurance sector in Xinjiang plays a crucial role in risk management, particularly in a region characterized by vast geography and diverse ethnic groups [3] - The "Hongshan Huimin Bao" program, underwritten by China Life, has provided substantial financial relief to individuals facing high medical expenses, with total claims exceeding 10.57 million yuan by June 2025 [3] - China Life has managed 15 major illness insurance projects in Xinjiang, covering over 51.18 million people and paying out more than 2.8 billion yuan in claims [3] - The People's Insurance Company of China (PICC) has provided urban and rural residents with major illness insurance, covering 9.27 million people and paying out 721 million yuan in claims [4] Group 2: Employment and Economic Stability - Sunshine Insurance has focused on providing job security for vulnerable groups, including veterans and the unemployed, by offering tailored insurance products [5] - The company has insured 9,823 projects, providing coverage of 125 billion yuan and paying out 29.36 million yuan, benefiting thousands of construction workers and migrant laborers [5] Group 3: Agricultural Insurance and Support - The agricultural insurance sector has been pivotal in stabilizing food production in Xinjiang, with PICC providing 6.89 billion yuan in risk coverage for key crops and paying out 116 million yuan in claims [7] - China Life has developed over 130 agricultural insurance products, covering various agricultural sectors and providing essential risk management for farmers [9] - The introduction of specialized insurance products for local crops, such as new varieties of fruits, has significantly supported farmers' incomes and production stability [8] Group 4: Service Expansion and Community Engagement - The insurance industry has expanded its service network in rural areas, with China Life establishing numerous service points to enhance accessibility for farmers and herders [10] - PICC has engaged in community support initiatives, contributing 490 million yuan to various projects and promoting local agricultural products through its consumption assistance platform [11] - The insurance sector's efforts in community engagement and service delivery are integral to supporting Xinjiang's rural revitalization and economic growth [11]