如何构建协同模式，前置服务筑牢"安全线"，也成为考验。早在7月18日，鼎和保险构建总分联动、多 部门协同工作模式，广东、广西、海南和深圳分公司启动应急预案，理赔、承保、客服多线同步行动。 相关人士表示，利用鼎和风险云系统灾害预警功能，全面排查承保标的各类重大风险隐患，对风险隐患 及时采取措施，最大程度降低潜在风险。数据统计，鼎和保险通过鼎和风险云系统向受灾区域客户推送 预警信息共计14.3万条，并紧急组织开展风险排查，预警信息精准流向涉险区域车主和企业主等客户手 机。 查勘现场 据悉，目前深圳头部保险机构均成立应急工作小组，部署预警、防灾、救援、查勘工作，开通绿色理赔 通道。 借助科技力量进行风险前置、防灾减灾，成为本次深圳保险业迎击台风的一个看点。人保财险方面称， 以"科技+人力"双轮驱动，打造"全周期"防线。灾前通过短信、APP、公众号等6大渠道向120万+客户推 送预警信息，针对新能源车主定制"涉水处理指南"；组建44台应急查勘车、130台可调度救援车，配备 无人机3台，科技设备15套，对全市169处低洼点设置风险提示牌，通过系统自动触发3107条易涝区域车 辆挪车提醒。 首笔赔付也迅速到位。7月20日 ...

Investment Rating - The report maintains a "Positive" investment rating for the investment banking and brokerage industry [7] Core Insights - The report indicates that several brokerage firms have disclosed performance increases, with mid-year results expected to continue high growth, enhancing their investment value. Additionally, the insurance sector is anticipated to see an increase in value ratios, driving significant growth in new business value. The equity market is expected to continue its upward trend, with positive investment returns and profit growth. Current valuations reflect a pessimistic assumption about long-term investments, but considering the medium to long-term interest rate spreads, current valuations remain safe. The report is optimistic about improvements in concentration and liability costs [2][4] - From the perspective of profitability and dividend stability, the report recommends Jiangsu Jinzhong, China Ping An, and China Pacific Insurance for their stable profit growth and high dividend yields. Furthermore, it recommends Xinhua Insurance, China Life, Hong Kong Stock Exchange, CITIC Securities, Dongfang Fortune, Tonghuashun, and Jiufang Zhitu Holdings based on their performance elasticity and valuation levels [4] Summary by Sections Industry Overview - The non-bank financial index decreased by 1.2% this week, underperforming the CSI 300 by 2.3%, ranking 28th out of 31 sectors. Year-to-date, the non-bank financial index has increased by 3.0%, also underperforming the CSI 300 by 0.2%, ranking 22nd out of 31 sectors. Overall, the non-bank sector has shown weak performance this week [5] Market Performance - Market activity has seen a rebound, with an average daily trading volume of 15,462.47 billion yuan, up 3.35% week-on-week. The average turnover rate is 1.83%, an increase of 4.07 basis points. The leverage capital scale has also risen, with a margin balance of 1.90 trillion yuan, up 1.64% [5][34] Brokerage Data Tracking - The report highlights a recovery in trading activity, with the CSI 300 index rising by 1.09% and the ChiNext index increasing by 3.17%. The average daily trading volume has surpassed the 2024 average, indicating a gradual recovery in brokerage business profitability [33][39] Investment Business - The equity market is showing signs of recovery, with the CSI 300 index up by 1.09% and the ChiNext index up by 3.17%. The report notes that brokerage firms have a significant portion of their investment assets in equities (10%-30%) and bonds (70%-90%), necessitating close monitoring of market changes [39] Credit Business - The margin trading balance has increased to 1.90 trillion yuan, reflecting a 1.64% week-on-week rise. The report notes that while the stock pledge business is expected to remain cautious due to past credit risks, income from this business is anticipated to perform better than its scale [42] Investment Banking Business - In June, the equity financing scale rose significantly to 544.19 billion yuan, a 3140.2% increase, while bond financing reached 88.3 trillion yuan, up 21.3%. The report suggests that the stock underwriting scale is expected to increase due to new refinancing regulations [44][46] Asset Management Business - The report indicates a rebound in the issuance of collective asset management products, with June seeing a total issuance of 9.301 billion units, up 116.8% from the previous month. However, the new fund issuance decreased by 22.0% in June compared to the previous month [48]

Investment Rating - The report maintains a "Recommended" rating for the industry, indicating a positive outlook for investment opportunities [7]. Core Insights - The Hong Kong "Stablecoin Regulation" will take effect on August 1, 2025, which is expected to enhance the development of the stablecoin industry in Hong Kong. The U.S. Congress has also passed the "Genius Act" to establish a regulatory framework for cryptocurrencies, signed into law by President Trump [1][2]. - Short-term, cross-border payment scenarios are anticipated to be significant applications for stablecoins, improving efficiency and reducing costs. Financial technology companies related to cross-border payments are expected to benefit, with a focus on companies like Lianlian Digital [1]. - Long-term, stablecoins are expected to facilitate virtual asset trading and the tokenization of real-world assets (RWA) and security token offerings (STO). Major Chinese brokerages are accelerating their involvement, with firms like Guotai Junan International upgrading their virtual asset trading licenses [2]. Summary by Sections Market Review - Major indices saw increases, with the Shanghai Composite Index up by 0.69% and the ChiNext Index up by 3.17% during the week [9]. - The non-bank sector experienced an overall decline, with the non-bank financial index down by 1.24% [9]. Securities Sector - The report highlights a significant increase in trading activity, with a total trading volume of 0.73 trillion shares and a turnover of 9.34 trillion yuan, marking a 6.05% increase week-on-week [17]. - The report notes that the margin trading balance reached 1.90 trillion yuan, a 1.52% increase from the previous week [17]. Investment Recommendations - The report suggests focusing on insurance companies such as China Pacific Insurance, New China Life, China Ping An, China Life, and China Property & Casualty Insurance. In the securities sector, it recommends attention to leading firms like CITIC Securities, Huatai Securities, Guotai Junan, and China Galaxy Securities [44][45]. - Non-bank institutions to watch include ZhongAn Online, Lianlian Digital, Hong Kong Exchanges and Clearing, and Lianyi Technology [45].

除了全面的必选责任，济南人保财险还提供丰富的可选责任，满足不同家庭的个性化需求，让保障更加贴合孩子的实际情况。门诊/急诊医疗费用年度累计 给付限额为2万元。季节交替时，孩子容易感染传染病，这项保障为孩子的健康增添一份安心。 孩子是家庭的未来，是最珍贵的宝贝。欢迎扫码添加济南人保财险千佛山营业部服务经理，或致电0531-67752793，选择济南人保财险少儿中高端医疗健康 保险，为孩子的健康成长筑起一道坚固的防线，让孩子在爱的呵护下，无忧无虑地追逐梦想。不要让疾病成为孩子成长的阻碍，现在就行动起来吧，为孩子 的健康投资，给孩子一个更美好的未来！ 一声喷嚏，一次高烧，都足以让父母揪心。然而，孩子成长过程中，难免会遭遇疾病困扰，尤其是当重大疾病来袭，高昂的医疗费用更是无数家庭的隐痛。 如今，济南人保财险推出少儿中高端医疗健康保险，该产品集"小病住院0免赔、大病保障全面、量身定制方案"三大核心优势于一身，为孩子的健康打造坚 实护盾，托举起每个家庭最珍贵的希望。 全面保障，大小病都不怕 据了解，济南人保财险的少儿中高端医疗健康保险，保障范围全面升级，从日常的感冒发烧、肺炎住院等小病，到白血病、脑癌等重大疾病，统统都在保 ...

Core Viewpoint - The introduction of employer liability insurance by Jinan PICC aims to mitigate the financial risks associated with employee accidents and occupational diseases, providing comprehensive coverage and efficient claims processing for businesses [1][4]. Group 1: Insurance Product Features - The employer liability insurance offers a multi-layered protection system that covers medical expenses and compensation for employees who suffer work-related injuries or occupational diseases [4]. - The insurance also supports legal expenses incurred by businesses in the event of lawsuits related to workplace injuries, allowing companies to focus on their core operations rather than legal disputes [4][5]. Group 2: Strategic Importance for Businesses - Investing in Jinan PICC's employer liability insurance is a strategic risk management decision that transforms unpredictable high compensation risks into stable and controllable insurance costs, thereby reducing financial volatility for businesses [5]. - The insurance enhances employee security and loyalty by ensuring timely medical support and financial assistance in case of accidents, fostering a sense of care and belonging among employees [5]. Group 3: Professional Service and Claims Process - Jinan PICC has established a highly skilled insurance service team that provides a comprehensive range of services, including risk assessment, customized insurance plans, and claims processing [7]. - The claims process is designed to be efficient, utilizing advanced online damage assessment technology to expedite claim approvals and minimize the financial impact on businesses [7]. Group 4: Call to Action - Jinan PICC encourages businesses in the Jinan area to consider their employer liability insurance as a robust shield against employment-related risks, promoting a stable and secure working environment [9].

Core Insights - The report highlights the commitment of Shandong's insurance industry to enhance people's well-being through risk protection, financial intermediation, and social management, aligning with national and provincial government directives [1] Group 1: Medical Insurance - In 2024, Shandong's insurance sector emphasizes "insurance for the people," contributing to the medical insurance system with over 89 million insured individuals, effectively preventing poverty due to illness [2] - The "Hui Min Bao" program, a customized commercial medical insurance, covered approximately 9.03 million people in 2024, with total claims amounting to 747 million yuan [2] - Major insurance companies are actively involved in long-term care insurance to support families affected by disabilities [2] Group 2: Pension Insurance - The insurance industry plays a crucial role in enhancing the pension system, with China Life's commercial pension stock reaching 1.326 billion yuan in 2024 [3] - Tai Ping Pension Insurance added 1.102 billion yuan in assets for commercial pensions, serving over 3,000 clients [3] - Personal pension premiums for People's Life increased by 139% year-on-year, amounting to 366,000 yuan [3] Group 3: Property Insurance - People's Insurance Company of China (PICC) paid out 382 million yuan for disaster-related claims, handling over 8,000 cases [4] - Tai Ping Property Insurance provided risk coverage of 13.085 billion yuan for 1.362 million acres of farmland [4] - The "Hui Nong Xiang Ju Bao" product offered comprehensive risk protection worth 482.8 billion yuan to 295,000 rural residents [4] Group 4: Service Enhancement - The insurance industry focuses on improving service quality by integrating technology and human care, providing tailored services for special groups [5] - China Life's "Silver Age Health Project" insured 8.15 million elderly individuals, with a risk coverage exceeding 590 billion yuan [5] - Companies like Tai Kang Life are creating a "insurance + healthcare" ecosystem to meet diverse elderly care needs [5] Group 5: Technological Innovation - The adoption of AI and big data significantly enhances service efficiency, with Ping An Life implementing a "smart customer service" project for 24/7 operations [6] - Tai Ping Life's integration of intelligent review processes has improved claims efficiency [7] - The "Tian Kang Health Pass" project allows for immediate claims processing upon hospital discharge, with 43,000 claims processed in 2024, totaling 56.61 million yuan [7]

Group 1 - As of July 16, 2025, the Hong Kong Stock Connect Non-Bank ETF (513750) reached a record size of 7.451 billion, with a year-to-date growth of 844.35% [1] - The ETF's latest share count is 4.840 billion, also a record high since its inception [1] - The index tracking the non-bank financial theme (931024) experienced a decline of 0.82% on the same date, with mixed performance among constituent stocks [1] Group 2 - The Hong Kong Stock Connect Non-Bank ETF has seen a net asset value increase of 74.06% over the past year, ranking 57 out of 2915 index stock funds, placing it in the top 1.96% [2] - The ETF's highest monthly return since inception was 31.47%, with the longest consecutive monthly gain being 4 months and a total increase of 38.25% [2] - The top ten weighted stocks in the index account for 77.92%, with major holdings including China Ping An, AIA, and Hong Kong Exchanges and Clearing [2] Group 3 - Recent policies aimed at enhancing financial market construction and expanding high-level financial openness are expected to create significant business opportunities for non-bank financial institutions [3] - The insurance sector is anticipated to benefit from new regulations promoting long-term investments, while brokerage firms are expected to maintain high trading activity levels [3] - The Hong Kong Stock Connect Non-Bank ETF is the first and only ETF tracking the non-bank index, with over 60% of its composition in insurance stocks [3]

智通财经7月15日电，香港交易所信息显示，摩根大通在中国财险的持股比例于07月09日从8.26%升至 9.16%，平均股价为14.8739港元。 ...

Core Viewpoint - The insurance industry plays a crucial role in supporting technological innovation and mitigating risks associated with it, as highlighted by Wang Qing from PICC Property and Casualty during the 2025 Shell Finance Annual Conference [1]. Group 1: Technological Innovation and Insurance - Technological innovation is a complex system involving multiple stakeholders and factors, leading to significant uncertainties and potential high losses if risks materialize [1]. - The company employs five diversified strategies to manage these risks, including product innovation, reinsurance collaboration, forming co-insurance groups, risk reduction services, and creating a comprehensive financial ecosystem [1]. Group 2: New Insurance Products - In May, the company launched a generative AI content infringement liability insurance, marking the issuance of the first batch of policies in Beijing, Qingdao, and Wuxi [1]. - This new product covers economic compensation responsibilities and legal fees, effectively mitigating the infringement risks faced by enterprises [1]. Group 3: Collaborative Initiatives - In March, the company led the establishment of the "Beijing Commercial Aerospace Insurance Co-Insurance Group," the first of its kind in the country, involving 17 property insurance institutions, 2 reinsurance institutions, and 1 insurance intermediary [2]. - This initiative aims to provide stable and sufficient underwriting capacity, reduce insurance premiums, and enhance the depth and density of insurance across the entire commercial aerospace industry chain [2].

Group 1 - The core viewpoint of the article emphasizes the unique functions of insurance, which include risk protection, risk reduction, and credit enhancement, particularly in supporting technological innovation and financial integration [1][2]. - In 2024, the insurance provided by the company for technological activities reached 31.1 trillion yuan, with a year-on-year growth rate exceeding 20% [1]. - The company has issued the first batch of major technology attack insurance and exclusive insurance for the low-altitude economy, among 11 industry-first policies [1]. Group 2 - The company’s research indicates that a high proportion of technology enterprises are in the startup and growth stages, characterized by "four highs and one light": high technology, high growth, high risk, high return, and light assets [2]. - Insurance can effectively align with the high-risk and light-asset characteristics of technology enterprises, providing necessary risk protection measures through product innovation [2]. - The company also assists technology innovation entities in risk assessment, hazard identification, and monitoring, thereby enhancing their risk resistance capabilities [2].