纵观全局，险资正在从传统的"固收为主、权益为辅"转向"固收打底、权益增强"的资产配置模式。其在 IPO市场上的频繁出手，不仅是资产端寻求收益突破的战术调整，更是保险资金作为"耐心资本"服务实 体经济、支持国家战略的功能体现。 "险资正在从传统财务投资者向'产业赋能型资本'转型。"北京大学应用经济学博士后、教授朱俊生在接 受《华夏时报》记者采访时表示，传统险资更关注财务收益，而近年来，随着投资能力、产业研究能力 和投后管理能力的提升，一些险资机构开始通过IPO基石投资、战略配售、联合投后服务等方式深入参 与产业链发展，实现资本与产业的双向价值创造。 本报（chinatimes.net.cn）记者吴敏 北京报道 近年来，在资本市场深化改革与利率持续下行的双重背景下，保险资金正以前所未有的活跃姿态涌入 IPO市场，成为一级市场中不可忽视的长期资本力量。从港股基石投资到A股战略配售，从半导体芯片 到新能源电站，险资的触角正深入更多具备高成长性与战略价值的产业领域。 港股IPO：险资成为基石力量 今年以来，港股市场迎来多家重磅企业上市，其中紫金矿业旗下黄金业务板块紫金黄金国际的登陆尤为 引人注目。该项目不仅是今年港股募 ...

Core Insights - Zhang Yuanhan, the Chief Actuary of China Pacific Insurance (CPIC), has submitted his resignation, citing "work changes" as the reason for his early departure, which was originally expected to last until February 2027 [1][2] - Zhang has served CPIC for over 12 years and has held multiple roles, including Chief Financial Officer and temporary Chief Actuary of CPIC's life insurance subsidiary [2] Company Overview - CPIC reported a revenue of 200.496 billion yuan and a net profit attributable to shareholders of 27.885 billion yuan for the first half of 2025, representing year-on-year growth of 3% and 11%, respectively [3] - As of the end of the first half of 2025, CPIC's embedded value was 588.927 billion yuan, an increase of 4.7% from the beginning of the year [3] - The solvency ratios for core and comprehensive solvency were 190% and 264%, respectively, both exceeding regulatory requirements [3]

Core Viewpoint - The article discusses the analysis of the embedded value changes of listed life insurance companies for the first half of 2025, highlighting a 7.7% growth in embedded value, driven by various factors including expected returns and new business value creation [2][14]. Summary by Sections Embedded Value Changes - The embedded value of listed life insurance companies increased by 7.7% in the first half of 2025, with the expected return on the initial embedded value contributing 2.8%, new business value creation contributing 2.6%, investment return differences contributing 1.4%, and operational experience deviations contributing 0.83% [14][26]. ROEV Analysis - The overall Return on Embedded Value (ROEV) for listed life insurance companies was 6.3%, a decrease of 0.5 percentage points year-on-year. Companies like China Life, Ping An Life, and Taiping Life saw a decline in ROEV, while New China Life, AIA, and Sunshine Life experienced improvements [29][30]. Factors Influencing Embedded Value - The factors influencing the embedded value changes are ranked as follows: expected return on embedded value, new business value creation, investment return differences, operational experience deviations, and changes in assumptions and models [16][18]. Detailed Breakdown of Influencing Factors - **Expected Return on Embedded Value**: Averaged 2.8%, down 0.5 percentage points year-on-year, with most companies (except AIA) showing a decline [18]. - **New Business Value Creation**: Contributed 2.56%, down 0.2 percentage points year-on-year, with some companies like Ping An Life and New China Life showing improvements while others declined [18]. - **Operational Experience Deviations**: Averaged 0.83%, up 0.1 percentage points year-on-year, indicating positive impacts from actual operational experiences [23]. - **Investment Return Differences**: Averaged 1.4%, up 0.5 percentage points year-on-year, with most companies reporting positive deviations [26]. Company-Specific Insights - Sunshine Life reported the highest ROEV at 11.1%, followed by AIA at 8.6% and Ping An Life at 7.5% [30].

Core Viewpoint - China Pacific Insurance (02601.HK) announced the resignation of its Chief Actuary Zhang Yuanhan due to job changes, effective upon delivery of the resignation to the board of directors [1] Summary by Relevant Sections - **Company Announcement** - The company has received the resignation letter from Chief Actuary Zhang Yuanhan [1] - The resignation is in accordance with the Company Law and the company's articles of association [1] - The resignation will take effect from the date it is delivered to the board of directors [1]

Core Viewpoint - China Pacific Insurance (02601) announced the resignation of its Chief Actuary Zhang Yuanhan due to job changes, effective upon delivery of the resignation to the board of directors [1] Summary by Relevant Sections - **Company Announcement** - The company has received the resignation letter from Chief Actuary Zhang Yuanhan [1] - The resignation is in accordance with the Company Law and the company's articles of association [1] - The resignation takes effect from the date it is delivered to the board of directors [1]

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分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。 中國太平洋保險（集團）股份有限公司 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號：02601） 海外監管公告 本 公 告 乃 依 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.10B條的披 露 義 務 而 作 出。 茲 載 列 該 公 告 如 下，僅 供 參 考。 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 傅 帆 董事長 於 本 公 告 日 期，本 公 司 執 行 董 事 為 傅 帆 先 生 和 趙 永 剛 先 生；非 執 行 董 事 為 黃 迪 南 先 生、王 他 竽 先 生、陳 然 先 生、周 東 輝 先 生、路 巧 玲 女 士 和John Robert DACEY先 生；和 ...

证券代码：601601 证券简称：中国太保 公告编号：2025-056 中国太平洋保险（集团）股份有限公司 张远瀚先生在本公司任职期间恪尽职守、勤勉尽责，为公司高质量发展做出 积极贡献，本公司对张远瀚先生任职期间所做的贡献表示衷心感谢！ 特此公告。 关于高级管理人员离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国太平洋保险（集团）股份有限公司（以下简称"公司"或"本公司"） 近日收到公司总精算师张远瀚先生的辞呈。张先生因工作变动，辞去本公司总精 算师的职务。根据《公司法》《公司章程》等相关规定，张远瀚先生的辞呈自送 达本公司董事会之日起生效。 二、离任对公司的影响 张远瀚先生不存在未履行完毕的公开承诺，并已按照公司相关规定做好离任 交接工作。张先生的辞任不会影响公司正常运作。 中国太平洋保险（集团）股份有限公司董事会 2025 年 10 月 10 日 一、离任的基本情况 姓名 离任职务 离任时间 原定任期 到期日 离任 原因 是否继续在上 市公司及其控 股子公司任职 是否存在 未履行完 毕的公开 承诺 张远瀚 ...

转自：新华财经 断树险情前，及时劝离保车辆安全 在湛江城东大道清水湾路段巡防时，大灾先锋队队员不仅耐心劝离了6台停留车辆，随后在巡至某路段时，更发现一棵大树出现断裂迹象，树下恰好停放着 车辆，一旦台风风力增强，极有可能发生树体砸车事故。大灾先锋队立即行动，一方面快速通过114移车功能，联系车主告知险情，引导车主尽快到场移 车；另一方面在现场设置临时警示标识，提醒过往车辆驶离水淹黑点。最终，在车主配合下，车辆被安全转移至无风险区域，成功规避了财产损失。 打通救援障碍，安全守护显担当 10月5日，今年第二十一号台风"麦德姆"在广东湛江徐闻东部沿海登陆，面对强台风带来的一系列影响，中国太保产险广东分公司牢固树立"人民至上、生命 至上"理念，对台风"麦德姆"高度重视，从台风生成便密切关注，启动大灾Ⅰ级响应。 该公司成立以分公司党委书记、总经理为救援抗灾总指挥，各分管领导为组员的领导小组。全体人员严阵以待，扎实做好防灾减灾准备工作。通过精准预警 发布、全面风险排查、应急物资调配、施救资源部署、绿色理赔通道开辟等举措全力做好防灾减灾工作。高效的理赔服务不仅为受灾群众送去了经济补偿， 更诠释了"责任、智慧、温度"的太保服务 ...

Core Viewpoint - Black Sesame Intelligence (02533) has seen a significant stock price increase following a strategic partnership with Chery Commercial Vehicles and China Pacific Insurance, focusing on integrating advanced driving assistance technology with insurance mechanisms to enhance safety and operational efficiency in new energy commercial vehicles [1] Group 1: Strategic Partnership - Black Sesame Intelligence, Chery Commercial Vehicles, and China Pacific Insurance have formed a strategic collaboration to explore an innovative "technology + insurance" model [1] - The partnership aims to create a linkage mechanism between risk reduction and premium discounts, enhancing safety upgrades and operational efficiency for new energy commercial vehicles [1] Group 2: Technological Advancements - Black Sesame Intelligence will leverage its core technological advantages to provide Chery's entire range of new energy vehicles with the PA2.0 commercial vehicle active safety system, covering both pre-installation and post-installation scenarios [1] - The Chief Marketing Officer of Black Sesame Intelligence, Yang Yuxin, anticipates a market explosion in cross-domain integration, predicting that L3 autonomous driving technology will reach maturity within the next three to five years [1] Group 3: Market Outlook - The industry is expected to see a more organized division of labor along the entire supply chain, with manufacturers that have mature mass production experience, sustainable technology iteration, and customer recognition standing out [1] - Black Sesame Intelligence is set to launch a robotics product line, aiming to transfer its accumulated technology, successful experiences, and ecosystem from the automotive sector to new markets [1]

Core Points - The National Financial Supervision Administration of Xiangxi has approved the change of business location for China Pacific Property Insurance Co., Ltd. in Jishou [1] - The new business address is located at the 13th floor, Room 13-6, Chenghe Pavilion, New City Garden Complex, Qianzhou Office, Jishou City, Xiangxi Tujia and Miao Autonomous Prefecture, Hunan Province [1] - The company is required to handle the change and obtain a new license in accordance with relevant regulations [1]