转自：新华财经 近年来，中国太保产险深入贯彻落实"大保险观"，深度融入国家经济社会发展大局，坚定不移走高质量 发展之路。中国太保产险坚持稳中求进工作总基调，持续强化战略引领，深化客户经营，加快体系化能 力建设，取得显著经营成效。中国太保产险持续提升风险管理和合规经营能力，近年来经营评价连续获 评A级，偿付能力风险管理能力评估（SARMRA）、公司治理评估、消保评价、财产保险（车险业务） 服务质量指数名列前茅，风险综合评级连续多年保持AA级。 中国太保产险自2021年起创新设立"风险合规月"活动。每年五月，中国太保产险各级机构通过员工合规 承诺、机构主要负责人讲合规、创新风控工具评比、标杆机构评选等活动，持续传承，常态常新。"风 险合规月"是中国太保产险倡导风险合规文化和厚植金融清廉文化的扎实举措，也是公司坚持高质量可 持续发展的坚强基石。经过五年深耕，中国太保产险"风险合规月"已成为业内具有影响力的风险合规文 化品牌。 2025年第五届中国太保产险"风险合规月"以"最强风控立本 最高信条致远"为主题，围绕"让标准动作持 续传承提升""让风控能力与AI发展相适应""让风控组织与监管新规相匹配""让风控合规与经营 ...

Group 1 - The core viewpoint of the news is the performance of the CSI Hong Kong Stock Connect Non-Bank Financial Theme Index, which has shown significant growth in recent months, indicating a positive trend in the non-bank financial sector within the Hong Kong market [1][2] - The CSI Hong Kong Stock Connect Non-Bank Financial Theme Index increased by 2.9% to 3900.59 points, with a trading volume of 61.334 billion yuan on July 11 [1] - Over the past month, the index has risen by 7.55%, by 38.24% over the last three months, and by 30.42% year-to-date [1] Group 2 - The index comprises up to 50 listed companies that meet the non-bank financial theme criteria, reflecting the overall performance of this sector within the Hong Kong Stock Connect [1] - The top ten weighted companies in the index include China Ping An (15.49%), Hong Kong Exchanges (14.08%), AIA Group (13.98%), China Life (8.51%), and others, indicating a concentration in major financial institutions [1] - The index is fully composed of financial sector companies, with a 100% allocation to this industry [2] Group 3 - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2] - In special circumstances, the index may undergo temporary adjustments, such as removing companies that are delisted or adding new companies that meet the criteria [2] - The handling of mergers, acquisitions, and other corporate actions is governed by specific calculation and maintenance guidelines [2]

Core Viewpoint - The company actively engages in public insurance education and awareness activities to enhance the image of the insurance industry and fulfill its social responsibilities, particularly during the "7.8 National Insurance Publicity Day" [1][2][8] Group 1: Public Engagement Activities - The company organized a series of events including a financial knowledge fair and a walking event, where they set up a "Financial Energy Station" to educate the public on topics such as claims guidance and fraud prevention [2] - Interactive games and quizzes were utilized to make learning about insurance enjoyable for citizens, promoting the concepts of love and responsibility in insurance [2] - The company performed a program titled "Three Sentences of Financial Knowledge" to entertain and educate the audience, receiving positive feedback from attendees [2] Group 2: Community Outreach - The company initiated the "Five Entering" campaign, where managers and volunteers visited community centers to disseminate insurance knowledge, focusing on the "three appropriateness" principle and warning against fraudulent practices [4] - Educational efforts included discussions on insurance contracts, rational investment, and financial crime prevention, aimed at enhancing consumer understanding and interaction [4] - The company also engaged with local businesses to promote fire safety and risk management, gathering insights on consumer needs and experiences [4] Group 3: Grassroots Financial Education - The company is committed to building a "grid-based" financial education system, conducting outreach activities that are closer to the community and addressing local needs [5] - Financial education teams visited rural markets to provide financial knowledge, assist with inquiries, and raise awareness about financial fraud risks [5] - The focus is on creating a more effective and impactful educational outreach that resonates with the community [5][6] Group 4: Future Commitment - The company plans to continue enhancing insurance literacy among the public, ensuring that more people understand and trust insurance services, thereby supporting their quality of life [8]

Core Viewpoint - The insurance sector in A-shares has shown significant growth, with the insurance theme index rising by 6.64% since its low on June 20, outperforming the CSI 300 index which increased by 4.34% during the same period [1] Group 1: Market Performance - The major A-share indices experienced a substantial increase, with the Shanghai Composite Index stabilizing above 3500 points and the insurance theme index rising by 1.27% at market close [1] - Notable individual stock performances include China Ping An rising over 2% and China Pacific Insurance increasing by 1.4% [1] Group 2: Regulatory Changes - The National Financial Regulatory Administration has partially relaxed the previous strict regulations on dividend insurance, allowing companies with strong investment capabilities and good ratings to offer more competitive dividends [1] - A document issued on June 18, 2025, established a principle-based regulatory framework for dividend levels, moving away from a one-size-fits-all approach [1] Group 3: Industry Fundamentals - The insurance industry reported a total premium income of 30,602 billion yuan as of the end of May, reflecting a year-on-year growth of 3.77%, with property insurance and life insurance premiums also showing positive growth [3] - The insurance sector is expected to benefit from the upcoming interim report disclosure period, as it aligns with the current market's focus on structural opportunities [3] Group 4: Investment Outlook - The insurance sector is seen as having both fundamental support and potential catalysts from the funding side, making it an attractive area for investors to consider for low-cost entry [4]

7. 中船防务 (00317) 再涨超 5% ，中国船舶发布上半年业绩盈喜预告，公司可能受益于集团内部资源整 合。 点击蓝字，关注我们 今日上午港股 1.今海医疗科技 (02225) 盘中涨超 5% ， 近日与戴维医疗达成合作，公司已布局 "微创 5.0" 技术。 2. 芯片股早盘走高 ，华虹半导体 (01347) 涨 4.12%，贝克微 (02149) 涨 3.17%，晶门半导体 (02878) 涨 3.45%，中芯国际 (01347) 涨 3.11%。 3. 香港中旅 (00308) 一度涨超 14%， 不到一个月股价实现翻倍，市场炒作文旅产业 RWA。 4. 美团 - W (03690) 盘中涨超 3%， 旗下美团龙珠联合领投星海图，公司再度布局具身智能。 5. 裕元集团 (00551) 涨超 3%， 6 月综合经营收益净额同比增加 1.5%。 6. 内险股早盘普涨， 中国太保 (02601) 涨 4.88%，中国财险 (02328) 涨 3.57%，中国平安 (02318) 涨 3.19%，新华保险 (01336) 涨 2.5%。 8. 阿里巴巴 - W (09988) 涨超 3%， 加大即时零售及外 ...

重估保险配置价值——保险行业 2025 年度中期投资策略 20250709 摘要 2024 年上半年保险行业实现超额收益，尽管新单增速放缓，但新业务 价值增长显著，表明行业整体盈利能力依然强劲。 短期内，保险行业的收益主要来源于估值提升，长期来看，内涵价值贡 献更大。当前 A 股和港股的估值反映出相对悲观的投资收益率假设，估 值百分位处于历史较低水平。 利差损风险较低，新单负债成本持续下降及费用改善，即使长期利率下 行，对上市头部险企的影响也有限，存量负债成本可控。 存量业务的合理估值水平可通过有效业务价值进行评估，该指标具有明 确的敏感性计算，且数值相对保守，能更准确反映企业价值。 基本面不会拖累当前保险行业的估值，报行合一趋势有利于头部公司提 升产品和服务竞争力，政策鼓励头部公司做大做强，储蓄型产品投资收 益是大公司优势。 头部公司在信用背书、渠道及竞争能力方面优势明显，市场份额有望显 著改善，进一步巩固其行业地位。 当前保险板块具备估值修复空间，负债端展望稳定。配置策略上，可选 择弹性较强的新华保险或港股标的，以及具备红利属性的中国平安和中 国太保。 Q&A 如何评价 2025 年上半年保险行业的表现？ ...

Core Insights - The article highlights the recognition of China Pacific Insurance (CPIC) for its innovative practices in various sectors, showcasing its contributions to national strategies and modernizing financial services [1] Group 1: Digital Transformation - CPIC's "Cang Qiong" digital platform for consumer protection has been awarded as a typical case of digital transformation, enhancing efficiency by reducing review time from 3 days to 1 day and improving operational efficiency by 30% [2] Group 2: Inclusive Finance - The "Hu Hui Bao" project, under CPIC Life, has been recognized for its inclusive finance efforts, with over 26 million participants since 2021 and a total payout exceeding 2.2 billion, demonstrating its significant impact on public health insurance [3] Group 3: Green Finance - CPIC Asset's issuance of the "Henan Investment - Beijing New Easy Receivable Subsidy 2024 Green Asset Support Special Plan" has been acknowledged as a typical case in green finance, focusing on supporting low-carbon industries and promoting technological innovation [4] Group 4: Health Insurance Innovation - The "Blue Insurance" long-term health insurance product has been awarded for its innovative features, serving over 75,000 clients within four months and generating nearly 50 million in annual premiums, addressing diverse health protection needs [5][6] Group 5: Social Responsibility - CPIC's collaboration with medical institutions for health consultations and community services has been recognized for its social responsibility, serving over a thousand clients and promoting health awareness [7] Group 6: Elderly Care Services - The "Bai Sui Ju" elderly care service project has been awarded for its innovative approach to integrating insurance with elderly care, establishing a nationwide service network and addressing the needs of the aging population [8]

2024年年度分红派息实施公告 证券代码：601601 证券简称：中国太保 公告编号：2025-035 中国太平洋保险（集团）股份有限公司 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。 重要内容提示： 每股分配比例 A 股每股现金红利人民币 1.08元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/17 | － | 2025/7/18 | 2025/7/18 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经本公司2025 年 6 月 11 日的2024年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年度 2. 分派对象： 截至股权登记日 2025 年 7 月 17 日 15:00 上海证券交易所收市后，在中国证券 登记结算有限责任公司上海分公司（以下简称"中国结算上海分公司"）登记在 册的本公司全体 A 股股东。 本公司 H ...

Group 1 - The company celebrates the 104th anniversary of the founding of the Communist Party of China by conducting various党建主题活动 to inspire党员干部 and insurance practitioners to uphold their mission and advance the red gene [1][2] - The company emphasizes the importance of integrating party work with business operations, conducting training sessions to enhance the theoretical and management capabilities of its leaders [2][27] - The company organizes activities to promote red education, encouraging党员干部 to visit revolutionary memorials and engage in immersive learning experiences [9][11][12] Group 2 - The company integrates red culture with artistic activities, fostering patriotism through performances and collective singing of revolutionary songs [14][18] - The company promotes joint learning and community building, collaborating with local party branches to enhance community engagement and support rural development [20][22][23] - The company initiates volunteer actions during the "7.8 National Insurance Publicity Day," focusing on financial knowledge dissemination and fraud prevention [28]

证券研究报告 | 2025年07月09日 非车险"报行合一"点评 重塑非车险生态，利好承保利润提升 |  行业研究·行业快评 | | |  | 非银金融·保险Ⅱ |  投资评级：优于大市（维持） | | --- | --- | --- | --- | --- | --- | | 证券分析师： | 孔祥 | 021-60375452 | | kongxiang@guosen.com.cn | 执证编码：S0980523060004 | | 联系人： | 王京灵 | 0755-22941150 | | wangjingling@guosen.com.cn | | 事项： 近日，国家金融监督管理总局下发《关于加强非车险监管有关事项的通知（征求意见稿）》（以下简称"《通 知》"），首次明确"非车险"定义，同时标志着非车险"报行合一"或将正式实施。 国信非银观点：近年来，非车险业务持续扩容，在财产险总保费中的占比已从 2019 年的 37.1%攀升至 2024 年的 47.4%，贡献接近半数财险保费规模。然而高速发展伴随恶性竞争加剧，部分机构为抢占份额，通过 拆分保额、更改标的使用性质变相降费，或虚列"会议费"" ...