本报讯 （记者矫月）11月19日，中国平安（601318）2025年度"客户嘉年华"系列活动之首届"双子山星 光音乐会"于上海启幕，此次活动由平安健康保险股份有限公司（以下简称"平安健康险"）旗下品牌"平 安乐健康"独家冠名。将现代客户对"自然滋养+艺术熏陶+健康生活"的多元需求与音乐会、生活节等多 元化客户回馈活动相融合，平安健康险正在以品牌破圈的创新形式打造城市健康美好生活新范式。 据悉，这次活动是平安健康险旗下"平安乐健康"品牌在10月底焕新升级后的首次大型线下活动，亦是平 安健康险以高价值服务感恩回馈客户的又一次全新探索。未来一年，"平安乐健康"还将持续冠名上海双 子山健康生活类系列活动，致力于为客户创造更多健康美好生活新体验。 在艺术回馈之外，平安健康险亦紧密结合健康保障、健康管理等客户需求，此前于上海双子山举办健步 走活动，通过设置品牌互动体验展区、趣味健步走打卡集章路线、活力GO运动达标抽奖活动等打造沉 浸式健康互动空间，吸引近千位客户及上海市民热情参与，生动传递健康理念。 据了解，此次上海双子山系列活动是平安健康险将"健康促进""健康资产"等核心品牌倡导理念推向市 场、助力"健康中国"的重要行 ...

Core Viewpoint - China Ping An has launched the "Yuxiang Guoyi" and "Family Office" services, marking a significant upgrade in its service offerings and commitment to serving the public's financial needs [1][3]. Group 1: Service Launch - The launch event for the "Yuxiang Guoyi" and "Family Office" services took place in Changsha on November 20 [1]. - This initiative is part of China Ping An's strategy to enhance its service capabilities and fulfill its responsibility towards improving people's lives [1]. Group 2: Strategic Focus - China Ping An is committed to the "financial for the people" principle and is deepening its dual-driven strategy of "comprehensive finance + healthcare and elderly care" [3]. - The company has established a comprehensive financial business system centered around insurance, banking, and asset management, while also developing a healthcare service ecosystem represented by Ping An Health and Peking University International Hospital [3]. Group 3: Target Market and Services - There is a growing public demand for high-quality health management and wealth protection, particularly among high-net-worth clients who seek systematic and professional services in wealth inheritance, tax planning, and family governance [3]. - The "Yuxiang Guoyi" service integrates traditional Chinese medicine wisdom with modern medical technology, focusing on a health management system that combines Chinese and Western medicine [3]. - The "Family Office" service offers comprehensive support for high-net-worth families, covering wealth, health, and family governance to ensure orderly wealth inheritance and sustainable family legacy [3]. Group 4: Future Commitment - As a leader in the comprehensive finance and health service sectors, China Ping An aims to continuously create value for its clients and promote a high-quality lifestyle characterized by health, orderly wealth, and strong family values [3].

Core Viewpoint - The "2025 China Insurance Industry Ark Award" winners were announced during the "19th Shenzhen International Financial Expo and 2025 China Financial Institutions Annual Conference," highlighting excellence in various categories within the insurance sector [1]. Award Categories and Winners High-Quality Development Insurance Companies - China Life Insurance Co., Ltd. - People's Insurance Company of China Group - Ping An Property & Casualty Insurance Co., Ltd. - New China Life Insurance Co., Ltd. [3] Value Growth Insurance Companies - Allianz Life Insurance Co., Ltd. - China Dadi Property Insurance Co., Ltd. - Dajia Life Insurance Co., Ltd. [3] Gold Medal Insurance Services - Taiping Life Insurance Co., Ltd. - Taikang Pension Insurance Co., Ltd. [3] Gold Medal Insurance Products - Blue Medical Long-term Medical Insurance (Good Medicine and Good Medicine Version) by Pacific Insurance Co., Ltd. - Health Appointment by Taikang Life Insurance Co., Ltd. - Yue Health No. 1 Mid-end Medical Insurance by Taikang Life Insurance Co., Ltd. - All Medical Insurance (Internet) by China Merchants Sincere Life Insurance Co., Ltd. - Changying Life Annuity Insurance (Smart Version) by Fude Life Insurance Co., Ltd. [4] High-Quality Development Insurance Asset Management Companies - China Life Asset Management Co., Ltd. - Taikang Asset Management Co., Ltd. - Pacific Asset Management Co., Ltd. [5] Gold Medal Risk Control in Insurance Asset Management - China Re Asset Management Co., Ltd. [8] Gold Medal Insurance Investment Teams - Fixed Income Department of Pacific Asset Management Co., Ltd. - Asset Management Team of New China Asset Management Co., Ltd. [8] Innovative Insurance Asset Management Products - Bay Drama Fund by China Life Asset Management Co., Ltd. - Modern Industry Fund by China Re Capital Insurance Asset Management Co., Ltd. [9] Insurance Funds Supporting Real Economy Innovation - Various funds and projects aimed at supporting innovation in the real economy, including the Great Health Fund and Longjiang Electric Power Project by Ping An Asset Management Co., Ltd. [11] Insurance Industry Innovation Awards - Road Natural Disaster Risk Analysis and Management Platform by Tai Ping Reinsurance (China) Co., Ltd. [12] Social Responsibility in Insurance - Awards given to companies like China Life Property Insurance Co., Ltd. and Sunshine Insurance Group Co., Ltd. for their contributions to social responsibility [13]. Green Finance Practices - Projects focused on green insurance statistics and ESG risk assessment by People's Insurance Group of China [14]. Digital Financial Practices - Internet Digital Claims Ecosystem Platform by China People's Health Insurance Co., Ltd. [16].

Core Insights - The application of AI in the financial industry is transitioning from digital transformation to high-quality development, with AI becoming a core driver of operational logic and service model reconstruction [4][5] - The new generation of AI is characterized by its ability to learn, think critically, and apply knowledge across different domains, marking a significant advancement in its capabilities [5] Group 1: AI's Impact on Financial Operations - AI is expected to drive a dual enhancement of efficiency and intelligence, transforming traditional high-consumption production models into efficient, automated processes [5] - The shift from reactive to proactive decision-making is facilitated by AI, moving from "experience-based" to "data-driven" decision-making [5] Group 2: Changes in Customer Dynamics - Customer trust in AI models is increasing, leading to a broader customer base as the gap in understanding narrows between experts and the general public [6] - The service model is anticipated to evolve, with fewer experts managing a larger number of AI-driven services [6] Group 3: Ecosystem Development - The deep application of AI is creating a "chain reaction" in the financial ecosystem, with companies like Ping An developing integrated smart ecosystems across finance, healthcare, and elder care [6] - Ping An has launched numerous AI applications, including AI medical consultations and intelligent claims processing, enhancing operational efficiency [6] Group 4: Practical Applications of AI - The "Ping An Brain" intelligent engine exemplifies how AI can be integrated into core business areas, supporting decision-making and model training through a robust data platform [6] - Nearly 60,000 intelligent agents have been developed, with 90% created by employees, demonstrating widespread AI application across various sectors [6] Group 5: AI in Customer Service and Risk Management - AI has significantly reduced labor costs in customer service, with 80% of tasks handled by robots, serving over 2 billion customers [7] - In risk management, technologies like voiceprint recognition are being utilized for rapid identity verification and fraud detection, with applications already in over 20 cities [7]

Core Insights - The insurance sector experienced a slight decline of 0.05% on November 20, with China Pacific Insurance leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Insurance Sector Performance - China Life Insurance (601628) closed at 44.40, up 0.23% with a trading volume of 132,300 shares and a transaction value of 589 million [1] - China Pacific Insurance (601601) closed at 35.54, down 0.81% with a trading volume of 256,300 shares and a transaction value of 918 million [1] - China Ping An (601318) closed at 60.20, down 0.28% with a trading volume of 394,500 shares and a transaction value of 2.387 billion [1] - New China Life Insurance (601336) closed at 67.80, down 0.59% with a trading volume of 127,800 shares and a transaction value of 870 million [1] - China Reinsurance (601319) closed at 8.83, up 0.46% with a trading volume of 849,600 shares and a transaction value of 7.551 billion [1] Capital Flow Analysis - The insurance sector saw a net inflow of 154 million from institutional investors, while retail investors experienced a net outflow of 31.98 million [1] - China Life Insurance had a net inflow of 58.50 million from institutional investors, while retail investors had a net outflow of 30.28 million [2] - China Pacific Insurance experienced a net outflow of 32.81 million from institutional investors, but a net inflow of 70.61 million from retail investors [2]

Core Insights - The average car insurance premium among 67 companies for the first three quarters is 2079 yuan, with a median of 1836.89 yuan, indicating significant structural differentiation in pricing strategies across different insurers [2][4] - The highest car insurance premium reported is 5700 yuan by Modern Insurance, while the lowest is 850 yuan by Dubang Insurance, reflecting a competitive market with a concentration of premiums between 1000 yuan and 3000 yuan, accounting for 74.7% of the total [1][2] - The future pricing trends in the car insurance market are expected to be influenced significantly by the development of new energy vehicle (NEV) insurance, as the market adapts to changing costs and risk management technologies [1][4] Premium Distribution - Among the 67 insurers, 28 have premiums above the industry average, with 12 companies, including Modern Insurance and BYD Insurance, having premiums of 3000 yuan or more [2] - A total of 6 companies reported premiums below 1000 yuan, with Dubang Insurance having the lowest at 850 yuan [2] - Year-on-year comparisons show that 25 companies experienced premium growth, while 36 saw declines, indicating varied performance across the sector [2] New Energy Vehicle Insurance - NEV insurance is becoming a core business for leading insurers, with premiums significantly higher than the industry average, such as 5700 yuan for Modern Insurance and 4046.58 yuan for BYD Insurance [4] - The rapid increase in NEV ownership, reaching 36.89 million vehicles by mid-2025, is driving demand for NEV insurance, although high repair costs and accident rates are pushing premiums up [4][6] - The insurance industry is currently facing challenges with NEV insurance profitability, as evidenced by a reported underwriting loss of 5.7 billion yuan in 2024, necessitating higher premiums to cover costs [4][6] Regulatory and Market Developments - Recent regulatory changes aim to enhance the quality and efficiency of NEV insurance, promoting collaboration between car manufacturers and insurers to improve risk pricing [5][6] - Leading insurers have begun to report profitability in NEV insurance, with significant growth in the number of insured vehicles and premium income, indicating a potential turning point for the sector [6] - The ongoing evolution in technology, data accumulation, and changes in consumer behavior are expected to improve the profitability of NEV insurance in the future [6]

2025年11月14日，国家金融监督管理总局宝鸡监管分局发布批复称，《中国平安（601318）财产保险股 份有限公司陕西分公司关于凤县支公司变更营业场所的请示》（平保产陕分发〔2025〕124号）收悉。 经审核，现批复如下： 二、中国平安财产保险股份有限公司陕西分公司应按照有关规定及时办理变更及许可证换领事宜。 一、同意中国平安财产保险股份有限公司陕西分公司凤县支公司将营业场所变更为：陕西省宝鸡市凤县 双石铺镇天水路西段聆江国际综合楼3层311号。 ...

Group 1 - The China Securities and Insurance Index (399966) increased by 0.97% as of November 20, 2025, with notable gains from stocks such as First Capital Securities (up 5.61%) and Dongfang Securities (up 3.01%) [1] - Sunshine Life Insurance, a subsidiary of Sunshine Insurance, signed a fund contract with two companies and plans to expedite the filing process for the pilot fund [1] - Dongwu Securities highlighted that market demand remains strong, with a reduction in the preset interest rate and transformation of dividend insurance expected to optimize liability costs, alleviating pressure from interest margin losses [1] Group 2 - The Insurance Securities ETF closely tracks the China Securities and Insurance Index, which selects securities from the insurance sector based on the China Securities 800 Index, providing investors with diverse investment options [2] - As of October 31, 2025, the top ten weighted stocks in the China Securities and Insurance Index accounted for 62.44% of the index, including major companies like China Ping An and CITIC Securities [2]

Core Insights - China Ping An has announced the establishment of high-quality health and wellness communities under the brand "Zhenyi Nian" in five cities: Shanghai, Shenzhen, Hangzhou, Guangzhou, and Foshan [1] Group 1: Project Development - The company has launched six projects, with the Shanghai project (Jingan No. 8) officially operating since October 2025 [1] - The Shenzhen project is expected to begin trial operations by the end of this year [1] Group 2: Value Proposition - The "Zhenyi Nian" projects are built on a value system of three pillars: distinguished living, premium services, and dignified care [1] - The Shanghai Jingan No. 8 project has received positive feedback, with occupancy rates exceeding expectations [1] Group 3: Progress Update - Other projects are progressing according to schedule [1]

Core Insights - The article highlights the impressive performance of A-shares in 2023, with over 5,400 listed companies achieving a total market capitalization exceeding 100 trillion yuan, marking a 25% increase from the beginning of the year [2][3] - Guangdong province stands out as a significant contributor to this growth, with 84 stocks doubling in price, accounting for nearly one-fifth of all doubling stocks in the market [15][4] Group 1: Market Performance - As of October 2023, nearly 4,400 listed companies in A-shares have seen their stock prices rise, representing about 80% of the total [2] - The Shanghai Composite Index has increased by over 17% this year [2] - The total market capitalization of A-shares reached a historical high of 107 trillion yuan [2] Group 2: Guangdong's Contribution - Guangdong province has 886 listed companies, the highest in the country, representing one in every six A-share companies [8] - The total market capitalization of Guangdong's listed companies is approximately 19.2 trillion yuan, accounting for about 16.2% of the total A-share market [9][10] - Guangdong's listed companies have collectively increased in value by over 27% since the beginning of the year [4] Group 3: Growth and Innovation - Guangdong's listed companies exhibit strong growth potential, with nearly 40% of them having been established for over 15 years before going public, indicating a stable development approach [18] - The province has seen a surge in young companies, with 264 companies listed in the past five years, including notable firms in various high-growth sectors [18][22] - Shenzhen, a key city in Guangdong, is home to 424 listed companies, contributing significantly to the province's economic dynamism [22] Group 4: Emerging Enterprises - Guangdong has 64 unicorn companies, the second highest in China, with 13 new unicorns added in 2024 [24][29] - The province is also home to a substantial number of "gazelle" companies, which are expected to reach unicorn status in the near future [24] - The strong pipeline of emerging companies is supported by favorable policies and a robust entrepreneurial ecosystem [31][32] Group 5: Industrial Strength - Guangdong's manufacturing sector is robust, with 637 manufacturing companies listed, accounting for over 70% of the province's total [35] - The province leads in various emerging industries, particularly in electronics, computing, and communication sectors [39] - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster has achieved global recognition, surpassing other major global clusters in terms of patent applications and research output [42][44]