Group 1 - The core idea of the news is the innovative insurance policy launched by PICC Property and Casualty Beijing Branch, which provides product liability insurance for traditional metal forging craftsmanship, marking a new opportunity for the modern inheritance of this ancient skill [1] - The insurance covers economic compensation responsibilities for third-party personal injury or property damage caused by product defects during normal use of the forged products, along with necessary legal fee protection [1] - PICC has previously explored non-material cultural heritage insurance, having issued the first batch of agricultural cultural heritage protection insurance in 2025, providing comprehensive coverage for various agricultural cultural heritages [1] Group 2 - The insurance mechanism offers a full-chain protection system for intangible cultural heritage skills, including pre-prevention, in-process control, and post-compensation [2] - In Chaozhou, PICC provides exclusive risk protection for the Phoenix Dan Cong tea museum and the Chaozhou hand-pulled red clay pot craftsmanship transmission platform, creating a dual protection system for both material and non-material aspects [2] - PICC's Ningbo branch launched "artisan insurance" to cover various risks faced by traditional artisans, enhancing their operational security and allowing them to focus on their craft with peace of mind [2] - The company aims to implement the "14th Five-Year Plan" recommendations for the systematic protection of cultural heritage, continuing to deepen the "insurance + intangible cultural heritage" innovative model [2]

中国财险 分时图 日K线 周K线 月K线 15.76 -0.27 -1.68% 15.73 15.83 15.93 16.03 16.13 16.23 16.33 1.25% 1.87% 09:30 10:30 12:00/13:00 14:00 16:10 1.25% 0.62% 0.00% 0.62% 2026年1月15日，喀什金融监管分局发布批复称，《关于中国人民财产保险股份有限公司巴楚支公司阿 拉格尔乡营销服务部变更营业场所的请示》(喀人保财险发〔2025〕102号)收悉。经审核，现批复如 下： 一、同意中国人民财产保险股份有限公司巴楚支公司阿拉格尔乡营销服务部将营业场所变更为：新疆维 吾尔自治区喀什地区巴楚县阿拉格尔乡阔纳乌堂村2组广场旁边03号。 二、中国人民财产保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 1.87% 0 197万 395万 592万 ...

2026年1月15日，喀什金融监管分局发布批复称，《关于中国人民财产保险股份有限公司巴楚支公司阿 瓦提镇营销服务部变更营业场所的请示》(喀人保财险发〔2025〕103号)收悉。经审核，现批复如下： 中国财险 分时图 日K线 周K线 月K线 15.76 -0.27 -1.68% 1.87% 1.25% 0.62% 0.00% 0.62% 1.25% 1.87% 15.73 15.83 15.93 16.03 16.13 16.23 16.33 09:30 10:30 12:00/13:00 14:00 16:10 0 197万 395万 592万 一、同意中国人民财产保险股份有限公司巴楚支公司阿瓦提镇营销服务部将营业场所变更为：新疆维吾 尔自治区喀什地区巴楚县阿瓦提镇再吾斯塘路11号。 二、中国人民财产保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 ...

中国财险 20260121 摘要 中国财险坚持稳健战略，2025 年起逐步增加权益类资产配置，减少固 收类资产，主要因权益市场表现良好及主动加仓。预计 2026 年二级市 场权益占比继续上升，但幅度不大，固收类资产占比略有下降，债券投 资占比提升。 对 2026 年权益市场持谨慎乐观态度，预计实现正收益。债券市场可能 波动并伴随利率上行，为保险资金提供配置机会。将加强交易账户操作， 通过价差收入补充持仓收益下降缺口。 新政中现金流管理和成本收益匹配指标影响有限，主要体现在压力情景 测试中，基本情景下各项指标无问题。中长期资产配置空间略微缩减， 但整体宽裕，现有权益与债券比例及中长期资产状态保持稳定。 非车险综合治理政策进展平稳有序，监管关注费用率和综合成本率，各 公司开发示范条款和纯风险损失率以规范条款和费率。预计政策利好将 在理性竞争和费用率下降方面有所体现，实际效果半年后初步显现， 2026 年底全面落实。 Q&A 针对近期发布的资产负债管理征求意见稿，我们进行了深入研究。财险和寿险 在资产负债匹配上的约束有所不同，财险相对寿险而言，匹配要求不如寿险刚 性。由于我们公司一直保持承保盈利，因此从负债端传导到 ...

Investment Rating - The industry investment rating is "Buy" [3] Core Insights - The Q4 predetermined interest rate research value is 1.89%, indicating that product predetermined rates remain stable [6] - The insurance industry is expected to see a marginal improvement in the "interest and expense difference" due to regulatory guidance aimed at reducing liability costs and potential increases in asset yields [6] - The dynamic adjustment mechanism for predetermined rates and the transformation of participating insurance are expected to drive down the rigid liability costs of new policies, leading to a turning point for existing liability costs [6] - The report suggests focusing on the insurance sector, with specific stock recommendations including China Ping An, China Life, China Taiping, and others [6] Summary by Sections Industry Overview - The Q4 predetermined interest rate research value is 1.89%, which does not meet the conditions for a rate reduction, as it is only 11 basis points lower than the current traditional insurance predetermined rate of 2.0% [6] - The expected stability of the predetermined interest rate is projected to continue into Q1 2026, with an estimated value of around 1.9% [6] Regulatory Environment - The China Insurance Industry Association has set guidelines for adjusting predetermined rates, which require a 25 basis point difference over two consecutive quarters to trigger a reduction [6] - The report highlights the importance of the 10-year government bond yield as a key indicator influencing the research value [6] Investment Recommendations - The report recommends focusing on the insurance sector, particularly companies such as China Ping An (A/H), China Life (A/H), China Taiping (H), and others, due to expected improvements in profitability margins [6][7]

2026年1月13日，喀什金融监管分局发布批复称，《关于中国人民财产保险股份有限公司叶城支公司乌 夏克巴什镇营销服务部变更营业场所的请示》(喀人保财险发〔2025〕101号)收悉。经审核，现批复如 下： 一、同意中国人民财产保险股份有限公司叶城支公司乌夏克巴什镇营销服务部将营业场所变更为：新疆 维吾尔自治区喀什地区叶城县乌夏巴什镇亚贝希村F-1-2号。 二、中国人民财产保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 2026年1月13日，喀什金融监管分局发布批复称，《关于中国人民财产保险股份有限公司叶城支公司乌 夏克巴什镇营销服务部变更营业场所的请示》(喀人保财险发〔2025〕101号)收悉。经审核，现批复如 下： 二、中国人民财产保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 一、同意中国人民财产保险股份有限公司叶城支公司乌夏克巴什镇营销服务部将营业场所变更为：新疆 维吾尔自治区喀什地区叶城县乌夏巴什镇亚贝希村F-1-2号。 ...

在交通安全领域，分公司深度参与高风险路段整治，在全省400个事故易发路口加装爆闪灯、减速带和防护栏；在宜春试点推行"右转危险警示区"和"停 车让行"标识，有效降低大型车辆右转盲区事故率，2025年实现服务减损65万元。"这些看似微小的改变，守护的是千家万户的生命线。"当地交管部门负 责人评价道。 科技赋能：构建"1+N+1"数智风控新平台 在统筹发展与安全的时代命题下，保险业正从传统的"灾后补偿"向"事前预防、事中减损、事后补偿"全链条风险管理转型。作为金融央企驻赣机构，人 保财险江西分公司将风险减量服务作为高质量发展的战略支点，探索出一条具有"江西特色"的保险服务新路径。2025年，分公司累计为承保客户提供各 类风险减量服务超30万次，覆盖产品逾1600个，预估年度减损金额达1.24亿元。 政企协同：打造"政府+保险"社会治理新范式 面对极端天气频发、公共安全挑战增多的新形势，人保财险江西分公司主动融入地方安全治理体系，与省应急管理部门、省公安厅交管总队、省水文监 测中心、省气象局等多部门建立常态化联动机制，创新推出"保险+气象""保险+水文""保险+交管"等合作模式。 通过与气象水文部门合作，分公司接入全 ...

Investment Rating - The report maintains an "Overweight" rating for the industry [1]. Core Insights - The current preset interest rate for ordinary life insurance products is 1.89%, a slight decrease from the previous value of 1.90%, indicating a narrowing decline in the preset interest rate research values over recent quarters [4]. - The report highlights that the long-end interest rates have stabilized since 2025, with a gradual upward trend established in the second half of 2025, suggesting a positive outlook for the industry [4]. - The report emphasizes the implementation of a dynamic adjustment mechanism linking preset interest rates to market rates, which is expected to guide companies in prudent pricing and asset-liability management [4]. - The likelihood of a "buy-stop" season in 2026 is considered low, as the preset interest rate research value is close to the maximum allowable rate for current products, making significant adjustments unlikely [4]. Summary by Sections Industry Overview - The report notes that the preset interest rate research values have shown a decreasing trend, with recent declines of 21bps, 14bps, 9bps, and 1bps, indicating a gradual stabilization [3]. - The financial regulatory authority has issued guidelines to link preset interest rates with market rates, which is expected to enhance the industry's pricing strategies [4]. Market Trends - The report indicates that the 5-year LPR remains at 3.5%, the 5-year fixed deposit benchmark rate at 1.3%, and the 10-year government bond yield at 1.85%, all showing stability compared to the previous quarter [4]. - The report suggests that the insurance sector has experienced a positive cyclical recovery since December of the previous year, with expectations for improved performance and valuation recovery [4]. Investment Recommendations - The report recommends continued attention to key players in the insurance sector, including China Life, China Pacific Insurance, Ping An Insurance, New China Life, China Property & Casualty Insurance, and AIA Group, as they are expected to benefit from the anticipated market conditions [4].

Core Insights - The insurance industry has significantly improved claims processing speed and service efficiency by 2025, with "fast and full compensation" becoming a standard service feature [1][2][3] Group 1: Claims Processing Efficiency - In the life insurance sector, Xinhua Insurance reports that claims for small medical insurance under 5,000 yuan are settled in an average of 0.5 days, with 17% of claims processed within one hour and 70% within eight hours [1] - Ping An Life achieved a record claim payment in just 8 seconds, while ICBC-AXA's medical insurance claims can be settled in as little as 8 minutes for major claims [1] - China Life Property Insurance processed a claim in just 2.5 minutes, demonstrating strong emergency service capabilities even in complex disaster scenarios [2] Group 2: Digital Transformation and Technology Integration - The rapid improvement in claims speed is attributed to the implementation of digital transformation strategies and advanced technologies in the insurance sector [3] - Ping An Life introduced the DeepSeek model for intelligent claims review, achieving 93% of automated claims processed within 60 seconds [3] - China Life Health's intelligent claims review increased by 33.2% year-on-year, with an intelligent input rate exceeding 69% [3] Group 3: Expanded Insurance Services - Insurance services are evolving beyond mere financial compensation to encompass comprehensive health management and proactive risk reduction [4] - China Pacific Insurance aims to bridge the digital divide by providing personalized services for the elderly and vulnerable groups, reaching 947,000 people through online claims services [4] - The integration of technology is reshaping every aspect of the claims value chain, from reporting to payment, creating a more efficient and customer-friendly insurance service environment [4]

在云南省曲靖市马龙区王家庄街道格里村的农田里，老李蹲下身轻轻抚摸着垄间长势喜人的马铃薯 苗。"2025年那场冰雹来得又急又猛，眼看地里的马铃薯被打得七零八落，心都凉了半截。"回忆起此前 那次来势汹汹的灾情，老李感慨万千，"没想到人保的防雹炮提前打了，我们村的损失比邻村少了一大 半。现在不光有损失补偿，灾前也有人帮我们挡一挡。" 实实在在的成效，也让农户们对保险有了更深入的认知。"以前觉得保险就是出事后给点钱，现在 才明白，保险是真能帮着挡灾的'护身符'。"老李说，如今，不仅自己年年主动参保，还成了村里的"保 险宣传员"，逢人就说，"防雹炮一响，心里就踏实。保险一买，收入就有底！" 老李道出了曲靖万千农户的心声。作为云南农业大市，曲靖的粮食种植面积常年稳定在950万亩以 上，罗平小黄姜、富源魔芋等特色农产品占据全国市场重要份额，是乡村振兴的"钱袋子"。然而，地处 滇东高原、冷空气入滇门户的特殊地理位置，让曲靖成为云南冰雹灾害最频发的地区之一。 一场强对流天气，可能让农户一年的辛劳都化为泡影，如何改变这一情况？人保财险当地的工作人 员动起了脑筋。"破解农户'靠天吃饭'的困局，不能只靠事后理赔兜底，得把功夫下在前面 ...