新華人壽保險股份有限公司章程 本章程經2025年10月31日公司2025年第三次臨時股東大會審議通過，並經 國家金融監督管理總局核准生效。 01336 - 1 - | | 本章程制定與修改記錄 3 | | --- | --- | | 第一章 | 總則 6 | | 第二章 | 經營宗旨和範圍 8 | | 第三章 | 股份和註冊資本 9 | | 第四章 | 減資和購回股份 14 | | 第五章 | 購買公司股份的財務資助 18 | | 第六章 | 股票和股東名冊 20 | | 第七章 | 股份轉讓 24 | | 第八章 | 黨組織（黨委） 26 | | 第九章 | 股東的權利和義務 28 | | 第十章 | 股東會 37 | | 第十一章 | 類別股東表決的特別程序 55 | | 第十二章 | 董事會 58 | | 第十三章 | 公司經營管理層 95 | | 第十四章 | 公司董事、總裁和其他高級管理人員的資格和義務 101 | | 第十五章 | 財務會計、審計、內控合規、風險管理與保險當事人合法權益保護 109 | | 第十六章 | 關聯交易和信息披露 121 | | 第十七章 | 合併、分立、解散和清算 12 ...

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份內容 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。 NEW CHINA LIFE INSURANCE COMPANY LTD. 01336 《公司章程》修訂獲核准及不再設立監事會的公告 茲提述新華人壽保險股份有限公司（「本公司」）日期為2025年10月9日的通函（「該通函」）， 以及本公司日期為2025年9月30日及2025年10月31日的公告。 本公司於近日收到國家金融監督管理總局《關於新華人壽保險股份有限公司修改公司章程 的批覆》（金覆[2026]29號），國家金融監督管理總局已核准本公司2025年第三次臨時股東 大會對《新華人壽保險股份有限公司章程》（「《公司章程》」）的修訂。 本公司於2025年10月31日召開的2025年第三次臨時股東大會審議通過了《關於修訂〈公司 章程〉及撤銷監事會的議案》。本公司根據相關法律法規、監管規定和公司治理實踐對《公 司章程》的部分條款進行了修訂。具體修訂內容參見該通函。 本公司修訂後的《公司章程》自國家金融監督管理 ...

1月16日，新华保险公告称，于2025年1月1日至2025年12月31日期间累计原保险保费收入为人民币1958.99亿元，同比 增长15%。 （新华保险） ...

Investment Rating - The report maintains an "Overweight" rating for the industry [1]. Core Insights - The current preset interest rate for ordinary life insurance products is 1.89%, a slight decrease from the previous value of 1.90%, indicating a narrowing decline in the preset interest rate research values over recent quarters [4]. - The report highlights that the long-end interest rates have stabilized since 2025, with a gradual upward trend established in the second half of 2025, suggesting a positive outlook for the industry [4]. - The report emphasizes the implementation of a dynamic adjustment mechanism linking preset interest rates to market rates, which is expected to guide companies in prudent pricing and asset-liability management [4]. - The likelihood of a "buy-stop" season in 2026 is considered low, as the preset interest rate research value is close to the maximum allowable rate for current products, making significant adjustments unlikely [4]. Summary by Sections Industry Overview - The report notes that the preset interest rate research values have shown a decreasing trend, with recent declines of 21bps, 14bps, 9bps, and 1bps, indicating a gradual stabilization [3]. - The financial regulatory authority has issued guidelines to link preset interest rates with market rates, which is expected to enhance the industry's pricing strategies [4]. Market Trends - The report indicates that the 5-year LPR remains at 3.5%, the 5-year fixed deposit benchmark rate at 1.3%, and the 10-year government bond yield at 1.85%, all showing stability compared to the previous quarter [4]. - The report suggests that the insurance sector has experienced a positive cyclical recovery since December of the previous year, with expectations for improved performance and valuation recovery [4]. Investment Recommendations - The report recommends continued attention to key players in the insurance sector, including China Life, China Pacific Insurance, Ping An Insurance, New China Life, China Property & Casualty Insurance, and AIA Group, as they are expected to benefit from the anticipated market conditions [4].

（文章来源：证券时报网） 据iFinD统计，截至1月20日，沪深两市共有107股连续5日或5日以上获融资净买入。连续获融资净买入 天数最多的股票是华天酒店，连续12个交易日获净买入；连续获融资净买入天数较多的还有招商银行、 平安银行、分众传媒、新华保险、鸿富瀚、开勒股份、新产业、中国平安等股。 ...

Core Insights - The insurance industry has significantly improved claims processing speed and service efficiency by 2025, with "fast and full compensation" becoming a standard service feature [1][2][3] Group 1: Claims Processing Efficiency - In the life insurance sector, Xinhua Insurance reports that claims for small medical insurance under 5,000 yuan are settled in an average of 0.5 days, with 17% of claims processed within one hour and 70% within eight hours [1] - Ping An Life achieved a record claim payment in just 8 seconds, while ICBC-AXA's medical insurance claims can be settled in as little as 8 minutes for major claims [1] - China Life Property Insurance processed a claim in just 2.5 minutes, demonstrating strong emergency service capabilities even in complex disaster scenarios [2] Group 2: Digital Transformation and Technology Integration - The rapid improvement in claims speed is attributed to the implementation of digital transformation strategies and advanced technologies in the insurance sector [3] - Ping An Life introduced the DeepSeek model for intelligent claims review, achieving 93% of automated claims processed within 60 seconds [3] - China Life Health's intelligent claims review increased by 33.2% year-on-year, with an intelligent input rate exceeding 69% [3] Group 3: Expanded Insurance Services - Insurance services are evolving beyond mere financial compensation to encompass comprehensive health management and proactive risk reduction [4] - China Pacific Insurance aims to bridge the digital divide by providing personalized services for the elderly and vulnerable groups, reaching 947,000 people through online claims services [4] - The integration of technology is reshaping every aspect of the claims value chain, from reporting to payment, creating a more efficient and customer-friendly insurance service environment [4]

Core Insights - The total claims amount for life insurance companies in 2025 has increased significantly, with four companies exceeding 10 billion yuan in claims [1] - The data reflects not only the payout capabilities of insurance companies but also the health risks faced by different demographics [2] Group 1: Claims Data Overview - China Life Insurance reported over 62.24 million claims totaling over 100.4 billion yuan; Ping An Life paid out 4.958 million claims amounting to 41.51 billion yuan; Taiping Life had 4.243 million claims totaling 20.1 billion yuan; and Xinhua Insurance processed 5.01 million claims totaling 14.7 billion yuan [1] - The trend indicates that commercial insurance has shifted from being a low-frequency rescue tool to a high-frequency payment method for everyday medical expenses [3] Group 2: Medical Insurance Insights - Medical insurance claims are predominantly high-frequency and low-amount, with Taiping Life's medical claims accounting for 94.4% of total claims, and 93% of Taikang Life's claims being medical [3] - The age distribution of medical claims shows that the under-17 demographic accounts for 39.4% of claims, primarily due to respiratory infections and accidental injuries [4] Group 3: Critical Illness Insurance Analysis - Critical illness insurance remains the highest payout category among life insurance companies, with Ping An Life's payouts exceeding 20.86 billion yuan, accounting for over 50% of total claims [5] - The report indicates that male policyholders should be cautious of lung cancer, thyroid cancer, and liver cancer, while female policyholders should focus on thyroid cancer, breast cancer, and lung cancer [5] - The average payout for critical illness claims is notably low, with many claims falling below 300,000 yuan, highlighting a significant gap between average payouts and actual treatment costs [6][7]

Core Viewpoint - The article discusses the performance and prospects of exclusive commercial pension insurance products, highlighting their competitive settlement rates and the growing demand for stable, long-term investment options in the current market environment [1][6][8]. Summary by Sections Exclusive Commercial Pension Insurance - In 2025, 80% of exclusive commercial pension insurance accounts are expected to have settlement rates exceeding 3%, with 95% of accounts surpassing 2.75% [1][8]. - Six products from Agricultural Bank Life and National Pension have settlement rates exceeding 4% [9][10]. - The average settlement rate for 80 accounts in 2025 is projected to be 3.3%, an increase of 1 percentage point from the previous year [16][20]. Product Performance - The average settlement rate for exclusive commercial pension insurance has consistently been above 3% since 2021, with the first batch of products achieving an average of 4% over five years [13][17]. - The top six products with the highest settlement rates in 2025 include various offerings from Agricultural Bank Life and National Pension, all exceeding 4% [11][14]. Market Trends - The demand for long-term, stable, and higher-yielding products has surged due to external interest rate declines and the upcoming maturity of large deposits, estimated to be around 50 trillion yuan [6][8]. - The insurance industry is actively promoting the development of dividend insurance and "guaranteed + floating yield" products to enhance competitiveness and improve liability quality [6][8]. Consumer Insights - Exclusive commercial pension insurance products offer several advantages, including flexible investment options, guaranteed minimum returns, and tax benefits for personal pension contributions [24][27]. - The products feature both conservative and aggressive account types, allowing consumers to switch between them during the contract period [27][30].

保险公司的保费收入仍在以较高速度增长。 其中，太保寿险累计原保险保费收入2581.15亿元，同比增长8.1%；太保产险累计原保险保费收入 2035.61亿元，同比增长0.2%。 此前，新华保险已于14日公告了2025年全年的保费收入情况，新华保险2025年全年累计实现原保险保费 收入人民币1958.9859亿元，较上年同期增长15%，业务发展也呈现与太保类似的稳健增长态势。 1月19日还有佳音，当天中国太平发布了上市险企2025年的首份业绩预告。该公司在业绩预告中称， 2025年度净利润预计同比大幅增长215-225%，预告还称，业绩增长主因是净投资业绩提升和税务部门 针对保险行业新税收政策的一次性影响。 总体看，进入年末年初的开门红时期的保险机构，正在迎来一个比较完美的2025年终收官。 寿险保费表现突出 根据公告，太保寿险全年保费收入突破2580亿元，同比增长8.1%，这显著高于产险业务增速，成为集 团保费增长的主要驱动力。这一增长水平在行业承压的背景下表现尤为突出，体现出太保在寿险领域的 核心竞争优势。 中国太保1月20日发布了公司最新的保费收入报告。报告显示，2025年全年，太保集团旗下两大核心子 公 ...

Group 1 - The insurance sector increased by 0.86% on January 20, with China Life leading the gains [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] - Key stock performances in the insurance sector included China Life at 48.29 with a rise of 1.62%, Ping An at 66.60 with a rise of 0.45%, and China Pacific Insurance at 44.25 with a rise of 0.36% [1] Group 2 - The net inflow of main funds in the insurance sector was 764 million yuan, while retail funds experienced a net outflow of 354 million yuan [1] - Major fund flows for key companies included Ping An with a net inflow of 332 million yuan, New China Life with 180 million yuan, and China Pacific Insurance with 124 million yuan [2] - Retail fund flows showed significant outflows for China Life and New China Life, with outflows of 132 million yuan and 1.22 billion yuan respectively [2]