Investment Rating - The report maintains an "Overweight" rating for the insurance industry, indicating a positive outlook for the sector in the next 6 to 12 months [1]. Core Insights - The insurance industry experienced a slowdown in premium growth in Q4 2025, with life insurance premiums expected to see new policy growth in 2026 [1]. - The report highlights that the total premium income for life insurance companies in 2025 reached CNY 436.24 billion, reflecting a year-on-year increase of 9.1%, while the total premium income for the industry was CNY 526.96 billion, up 8.5% year-on-year [5]. - The report anticipates a strong performance for listed insurance companies in the 2026 New Year, driven by the ongoing trend of "deposit migration" and the attractiveness of insurance products compared to bank deposits [5]. Summary by Sections Life Insurance - In 2025, life insurance premiums grew by 9.1%, but Q4 saw a significant slowdown with a growth rate of only 0.3% compared to Q3, primarily due to a decrease in market demand following a reduction in the preset interest rate [5]. - December 2025 saw a monthly premium income of CNY 215.2 billion, marking a 6.0% year-on-year increase, reversing the negative growth seen in November [5]. Health Insurance - Health insurance premiums increased by 2.0% in 2025, but Q4 experienced a slight decline of 0.1% year-on-year [5]. - The report notes that the health insurance sector is expected to grow significantly due to product innovation and improved pricing strategies [5]. Property Insurance - Property insurance premiums reached CNY 17,570 billion in 2025, with a year-on-year growth of 3.9%. However, Q4 saw a slowdown with a growth rate of only 0.5% [5]. - The report indicates that the growth in non-auto insurance premiums was driven by significant increases in agricultural, health, accident, and liability insurance premiums in December [5]. Financial Performance and Valuation - The report suggests that both liability and asset sides of insurance companies are improving, with significant upward potential in valuations [5]. - As of January 30, 2026, the insurance sector's valuation is at historical lows, with expected PEV ratios ranging from 0.67 to 0.88 and PB ratios from 1.15 to 2.38 [5].

Investment Rating - The report maintains an "Overweight" rating for the insurance industry, indicating a positive outlook for the sector in the next 6 months [1]. Core Insights - In December 2025, the growth rate of insurance premiums for both life and property insurance slowed down, but there is optimism for new business growth in life insurance by 2026 [1]. - The total premium income for personal insurance companies in 2025 reached CNY 46,491 billion, reflecting a year-on-year increase of 9.1%, while the fourth quarter saw a significant slowdown in growth to just 0.3% [5]. - The report anticipates a strong performance for listed insurance companies in the 2026 New Year, driven by the ongoing trend of "deposit migration" and the attractiveness of insurance products compared to bank deposits [5]. - Health insurance premiums grew by 2% in 2025, but the fourth quarter saw a slight decline of 0.1% year-on-year [5]. - Property insurance premiums reached CNY 17,570 billion in 2025, with a year-on-year increase of 3.9%, but the growth rate in the fourth quarter dropped to 0.5% [5]. - The report highlights that the liability side and asset side of insurance companies are continuously improving, with significant upward potential in valuations [5]. Summary by Sections Personal Insurance - The original premium income for personal insurance companies in 2025 was CNY 46,491 billion, with a year-on-year growth of 9.1% [5]. - The fourth quarter saw a premium income of CNY 5,191 billion, with a growth rate of only 0.3%, a decline of 24.7 percentage points from the previous quarter [5]. - December 2025 saw a monthly premium income of CNY 2,152 billion, marking a year-on-year increase of 6.0% [5]. Health Insurance - Health insurance premiums in 2025 increased by 2.0%, but the fourth quarter experienced a slight decline of 0.1% [5]. - The report notes that the health insurance market has significant growth potential due to product innovation and scientific pricing [5]. Property Insurance - Property insurance premiums totaled CNY 17,570 billion in 2025, with a year-on-year increase of 3.9% [5]. - The fourth quarter saw a growth rate of only 0.5%, a decline of 4.1 percentage points from the previous quarter [5]. - December 2025 recorded a monthly premium income of CNY 1,413 billion, with a year-on-year increase of 4.4% [5]. Market Outlook - The report suggests that the market demand remains strong, and the optimization of liability costs will alleviate pressure from interest rate spreads [5]. - The valuation of insurance stocks is currently at historical lows, with the insurance sector's estimated valuation for January 30, 2026, ranging from 0.67 to 0.88 times PEV and 1.15 to 2.38 times PB [5].

Group 1 - The core point of the article is the announcement of the winning candidate for the procurement project of a new intelligent Q&A system for medical insurance knowledge by China People's Insurance Group Co., Ltd. [1] - The procurement project was awarded to Yunzhisheng Intelligent Technology Co., Ltd. with a winning bid amount of 2,714,000 [2] - The announcement was made on January 29, 2026, and the project is part of the company's ongoing investment and development in technology [1][2] Group 2 - China People's Insurance Group has invested in 14 enterprises and participated in 7,784 bidding projects [1] - The company holds 785 trademark registrations, 9 patents, and 10 copyrights, indicating a strong intellectual property portfolio [1] - Additionally, the company has obtained 15 administrative licenses, showcasing its compliance and operational capabilities [1]

据评选主办方介绍,本次评选面向全国保险行业广泛征集数字化转型相关案例,旨在梳理行业转型成果,发 掘可复制推广的实践经验。评选组建了由监管代表、行业专家、技术学者及媒体人士构成的专业评审 团,围绕技术创新性、方案可行性、服务落地效果、用户体验优化及行业示范价值等多个核心维度展开 综合考评,最终确定获奖名单。主办方明确表示,入选案例均经过多轮严格审核,被视为当前保险业数字化 转型的代表性实践范本。 2025保险业数字化转型案例评选结果近期正式揭晓。该评选由国家金融监督管理总局主管媒体《中国银 行保险报》主办,作为行业内具有重要影响力的专业评选活动,其结果备受关注。记者从评选结果公示信 息中获悉,中国人保旗下官方平台申报的"3+2"金融创新矩阵案例,成功斩获"数字化转型优秀案例"与"创 新技术与平台优秀案例"两项殊荣,成为本次评选的重点关注对象之一。 值得注意的是,中国人保APP的跨业务整合能力成为其案例的重要亮点。作为人保集团核心服务载体,该 平台已实现财险、寿险、健康险、资产管理及养老服务等多个核心业务板块的互联互通。这意味着用户 无需单独下载不同业务线的专属平台,通过单一平台即可办理多数保险相关业务,形成"一 ...

上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 今天，A股市场横盘震荡，三大指数走势分化，消费股表现活跃，资源股延续强势。 午后，白酒股爆发，分析人士表示，白酒板块大涨，主要有三个原因：一是近期热点板块各自的交 易逻辑已经充分演绎，与此同时，商业航天、存储芯片等板块处于相对高位， 市场有"高低切"的 内在需求 。白酒股处于周期底部，成为最贴合当前市场要求的板块。 二是最近飞天茅台市场批发价格逐步回暖。 1月29日，第三方平台数据显示，53度、500ml飞天茅 台酒批发价格继续上涨。其中，2025年飞天茅台原箱较上一日上涨20元/瓶，至1620元/瓶。此 外，2026年飞天茅台原箱亦较上一日上涨20元/瓶，至1610元/瓶。 三是"涨价"是最近市场的潜在主线 ，主要集中在大宗商品、半导体产业链上游等领域，涨价趋势 向下游传导，以白酒板块为代表的大消费有望受益，成为市场新的交易预期。 截至收盘，上证指数涨0.16%，深证成指跌0.3%，创业板指跌0.57%。 板块方面，白酒、油气开采及服务、贵金属、文化传媒、AI应用等板块涨幅居前，光刻机、半导 体、元件、储存芯片等板块 ...

二是最近飞天茅台市场批发价格逐步回暖。1月29日，第三方平台数据显示，53度、500ml飞天茅台酒批发价格继续上涨。其中，2025年飞天茅台原箱较 上一日上涨20元/瓶，至1620元/瓶。此外，2026年飞天茅台原箱亦较上一日上涨20元/瓶，至1610元/瓶。 三是"涨价"是最近市场的潜在主线，主要集中在大宗商品、半导体产业链上游等领域，涨价趋势向下游传导，以白酒板块为代表的大消费有望受益，成为 市场新的交易预期。 今天，A股市场横盘震荡，三大指数走势分化，消费股表现活跃，资源股延续强势。 午后，白酒股爆发，分析人士表示，白酒板块大涨，主要有三个原因：一是近期热点板块各自的交易逻辑已经充分演绎，与此同时，商业航天、存储芯片 等板块处于相对高位，市场有"高低切"的内在需求。白酒股处于周期底部，成为最贴合当前市场要求的板块。 截至收盘，上证指数涨0.16%，深证成指跌0.3%，创业板指跌0.57%。 板块方面，白酒、油气开采及服务、贵金属、文化传媒、AI应用等板块涨幅居前，光刻机、半导体、元件、储存芯片等板块调整。 个股方面，白银有色（601212）走出"8连板"，四川黄金（001337）、豫光金铅（600531 ...

2026年保险业"开门红"进入收官倒计时，银保渠道以超预期的爆发式增长成为绝对主角。行业数据 显示，2025年上半年，银保渠道以约5300亿元新单规模保费超越个险渠道重回"C"位。今年元旦假期， 近40家参与统计的险企银保新单保费合计达711亿元，头部险企银保期缴业务同比增幅均实现翻倍。 据多家券商测算，2026年初，全国金融市场或将迎来规模高达50万亿元的定期存款集中到期。在当 前环境下，银保渠道仍将延续较好增势，居民资金跨品类配置需求持续释放，分红险成为资金配置"香 饽饽"。但与此同时，银保渠道仍暗藏销售误导抬头、产品结构单一、考核机制失衡等隐忧。这场规模 盛宴背后，渠道高质量发展的考验已然来临。 银保期缴保费增长火力全开 2026年"开门红"期间，银保渠道成为拉动行业保费增长的核心引擎，不仅规模创下近年来同期新 高，期缴业务占比的提升更标志着渠道质量的阶段性改善。 从行业表现来看，银保渠道2025年期缴业务总体增速约10%。头部险企凭借与银行的深度协同优 势，斩获显著增长成果。截至1月8日，中国人寿、平安人寿、人保寿险的银保期缴保费增幅分别高达 205%、168%和108%。除三家头部险企外，多家中型险 ...

证券之星消息，1月27日保险板块较上一交易日上涨2.23%，中国人寿领涨。当日上证指数报收于 4139.9，上涨0.18%。深证成指报收于14329.91，上涨0.09%。保险板块个股涨跌见下表： | 代码 | 名称 | 主力净流入（元） | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601318 中国平安 | | 6.671Z | 6.75% | -5.42 Z | -5.49% | -1.25 Z | -1.26% | | 601336 新华保险 | | 2.17亿 | 7.76% | 9753.73万 | 3.49% | -3.14亿 | -11.25% | | 601601 中国太保 | | 1.56亿 | 6.10% | 9015.50万 | 3.52% | -2.47 Z | -9.62% | | 601319 中国人保 | | 7597.37万 | 7.64% | 3701.80万 | 3.72% | -1.13亿 | -11.37% | ...

中国财险 分时图 日K线 周K线 月K线 15.70 0.01 0.06% 0.83% 0.57% 0.25% 0.00% 0.25% 0.57% 0.83% 15.56 15.60 15.65 15.69 15.73 15.78 15.82 09:30 10:30 12:00/13:00 14:00 16:10 0 71万 142万 213万 2026年1月20日，衡水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故城支公司变 更营业场所的请示》(冀人保财险发〔2025〕495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故城支公司将营业场所变更为：河北省衡水市故城县体育街西 侧滨河峰尚43号楼。 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。 ...

Group 1 - Insurance stocks collectively rose, with AIA Group (01299) up 3.55% to HKD 86, China Life (601628) (02628) up 2.86% to HKD 33.1, PICC (601319) (01339) up 2.47% to HKD 6.65, Xinhua Insurance (601336) (01336) up 2.23% to HKD 61.8, and Ping An (601318) (02318) up 2.06% to HKD 69.5 [1] - Several listed insurance companies have disclosed their 2025 full-year premium income or net profit data, with Xinhua Insurance achieving a cumulative original insurance premium income of CNY 195.99 billion, a year-on-year increase of 15%, and China Pacific Insurance (601601) reporting a total premium income of CNY 461.68 billion, a year-on-year increase of 4.43% [1] - Huachuang Securities expects listed insurance companies to achieve steady premium growth in 2025, driven mainly by investment performance, despite a recent two-week adjustment in the insurance sector due to slowing growth and high valuations [1] Group 2 - Morgan Stanley recently released a report predicting that 2026 will be a year when domestic insurance stocks outperform the market again, driven by strong sales growth, better business quality, and a favorable investment environment [2] - The report indicates that regulatory policies, interest rate trends, and market investment sentiment will be key catalysts for tracking the overall industry performance, with expectations for an increase in industry valuations [2] - Morgan Stanley anticipates that AIA Group will show continuous improvement in most key indicators in the fourth quarter of last year, maintaining a healthy growth outlook for new business value [2]