一、同意中国人寿保险股份有限公司吉木萨尔县支公司红旗农场营销服务部将营业场所变更为：新疆昌 吉准东经济技术开发区五彩湾新城卡拉麦里路106号1号商业楼2楼3-1号。 二、中国人寿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。 2025年8月7日，国家金融监督管理总局昌吉监管分局发布批复称，《关于中国人寿（601628）保险股份 有限公司吉木萨尔县支公司红旗农场营销服务部营业场所变更的请示》（国寿人险昌发〔2025〕58号） 收悉。经审核，现批复如下： ...

二、中国人寿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。 2025年8月5日，伊犁金融监管分局发布批复称，《关于中国人寿（601628）财产保险股份有限公司特克 斯县支公司变更营业场所的请示》（国寿财险伊发〔2025〕77号）收悉。经审核，现批复如下： 一、同意中国人寿财产保险股份有限公司特克斯县支公司将营业场所变更为：新疆维吾尔自治区伊犁哈 萨克自治州特克斯县东城区经三路以东众汇·阳光谷S4幢4层401号、403号。 ...

2025年8月4日，国家金融监督管理总局山西监管局发布批复称，《关于中国人寿（601628）保险股份有 限公司太原市解放路支公司解放南路第二营销服务部变更营业场所的请示》（国寿人险并发〔2025〕 135号）收悉。经审核，现批复如下： 一、同意中国人寿保险股份有限公司太原市解放路支公司解放南路第二营销服务部将营业场所变更为： 山西综改示范区唐槐园区昌盛街2号1幢C座20层2001号、2006号、2007号。 二、中国人寿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。 ...

二、接此批复文件后，中国人寿保险股份有限公司石林县支公司北大村乡集镇营销服务部应立即停止一 切经营活动，于15个工作日内向云南金融监管局缴回许可证，并按照有关法律法规要求办理相关手续。 2025年8月8日，云南金融监管局发布批复称，《关于撤销中国人寿（601628）保险股份有限公司石林县 支公司北大村乡集镇营销服务部的请示》（国寿人险滇发〔2025〕251号）收悉。经审核，现批复如 下： 一、同意撤销中国人寿保险股份有限公司石林县支公司北大村乡集镇营销服务部。 ...

Core Viewpoint - The five major listed insurance companies in A-shares have distributed a total of 90.789 billion yuan in cash dividends for the year 2024, reflecting a year-on-year growth of 20.21%, indicating the industry's overall profitability and the increasing emphasis on investor returns under policy guidance [2][3]. Summary by Sections Dividend Distribution - The five major insurance companies have completed their dividend distributions for 2024, with a total payout of 90.789 billion yuan, marking a 20.21% increase from the previous year [2]. - New China Life Insurance's dividend plan stands out, with a cash dividend of 1.99 yuan per share, totaling 6.208 billion yuan, and a combined cash dividend of 7.893 billion yuan for 2024, showing a nearly 200% year-on-year increase [3]. - China Pacific Insurance distributed a cash dividend of 1.08 yuan per share, totaling 10.39 billion yuan, contributing to the overall dividend total of 86.318 billion yuan for the five companies [5]. Profitability and Financial Performance - The five major insurance companies reported a total investment income of 796.92 billion yuan for 2024, a year-on-year increase of 113.91%, and a net profit attributable to shareholders of 347.6 billion yuan, up 77.72% [5]. - The strong profitability provides a solid financial foundation for the increased dividends, with companies like Ping An maintaining a stable profit and market share, allowing for consistent shareholder returns [6]. Regulatory Environment and Strategic Implications - The implementation of the new "National Nine Articles" and the "Market Value Management Guidelines" has reshaped the dividend logic of insurance companies, linking dividend distributions to controlling shareholder reductions and refinancing access [2][7]. - The regulatory environment encourages companies to increase the frequency of dividends, which aligns with the policy direction and helps maintain a balance between dividend payouts and business development [2][6]. Divergence in Dividend Strategies - There is a notable divergence in dividend strategies among the five major insurance companies, with Ping An achieving a 13-year consecutive growth in dividends, while New China Life's dividends surged nearly 200% [5][6]. - The differences in dividend strategies may stem from varying short-term performance and long-term strategic positioning, with mature companies focusing on higher dividends and growth-stage companies prioritizing business expansion [6][8]. Challenges and Future Considerations - Despite the high growth in mid-term dividends, concerns about sustainability arise due to market competition and declining interest rates, which may necessitate a balance between dividends and capital adequacy [7][10]. - To transition mid-term dividends from an "encouragement policy" to a "common practice," further institutional support is needed, including tax incentives for long-term shareholders and improved profit adjustment mechanisms [9][10].

Core Viewpoint - The recent approval for China Taiping's subsidiary to establish a private equity fund management company marks a significant advancement in the long-term investment reform pilot for insurance funds, indicating an acceleration in insurance capital entering the market [2][4]. Group 1: Investment Reform Pilot - The long-term investment reform pilot for insurance funds has seen three batches of approvals, with a total scale of 222 billion yuan (approximately 31.5 billion USD) [4][5]. - The first batch was approved in October 2023, with China Life and Xinhua Life jointly investing 50 billion yuan [4]. - The second batch, initiated in January 2025, allowed several insurance companies to participate with a total scale of 520 billion yuan [5]. - The third batch, approved in March 2025, included additional participants with a total scale of 600 billion yuan [5]. Group 2: Investment Strategies and Trends - Insurance funds are increasingly favoring large-cap blue-chip stocks and high-dividend yielding companies, reflecting a shift towards stable and well-governed investment targets [7][9]. - The types of funds being established are diversifying, with both company-type and contract-type funds being utilized, enhancing the flexibility and standardization of fund management [7][8]. - The investment focus includes sectors such as finance, energy, public infrastructure, and new energy transitions, aligning with national economic development goals [9]. Group 3: Market Participation and Trends - Insurance capital has been actively participating in the stock market, with a notable increase in stock holdings, reaching a market value of 2.65 trillion yuan (approximately 375 billion USD) in the first quarter of 2024 [2][12]. - The number of equity stakes taken by insurance funds has surged, with 22 instances recorded in 2024 alone, surpassing the total for the previous year [11][12]. - The sectors attracting the most investment include public utilities and banking, characterized by stable returns and high dividend yields [11][12].

Core Insights - The recent approval for China Taiping's subsidiary to establish a private equity fund management company marks a significant step in the long-term investment reform pilot for insurance funds, aimed at increasing their participation in the stock market [1][2][3] - The total approved pilot scale for insurance funds has reached 222 billion yuan, with participation from major insurance companies, indicating a broadening of the investment landscape [2][3] - The trend shows a shift towards investing in large-cap blue-chip stocks with stable dividends, reflecting a strategic focus on long-term capital deployment [4][6][7] Investment Reform Pilot - The pilot program for long-term investment by insurance funds has seen three batches of approvals, with a total scale of 222 billion yuan, including 500 billion yuan from the first batch and 1.12 billion yuan from the second batch [2][3] - The third batch, approved in March 2025, included 600 billion yuan, further expanding the scope of insurance fund participation in the capital market [3] Fund Management and Strategy - Taiping Asset aims to establish a robust fund management framework, emphasizing long-term performance evaluation and investment strategies tailored to insurance capital [2] - The types of funds have diversified, with a mix of company-type and contract-type funds being utilized, enhancing operational flexibility [4] Investment Preferences - Insurance funds are increasingly favoring investments in large, well-governed companies with stable operations and dividends, such as Yili Group and China Telecom [5][6] - The focus on sectors like finance, energy, and public infrastructure aligns with national economic development goals [6] Market Activity and Trends - There has been a notable increase in insurance capital's market activity, with 22 instances of shareholding increases reported this year, surpassing the total for the previous year [7][8] - The sectors attracting the most investment include public utilities and banking, characterized by high dividend yields and stable returns [7][8]

每经AI快讯，8月11日，香港交易所信息显示，花旗集团在中国人寿的持股比例于8月5日从5.00%降至 4.98%。 （文章来源：每日经济新闻） ...

证券之星消息，8月11日保险板块较上一交易日下跌0.55%，新华保险领跌。当日上证指数报收于 3647.55，上涨0.34%。深证成指报收于11291.43，上涨1.46%。保险板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000627 | *ST天茂 | 1.52 | 4.83% | 67.71万 | 1.03亿 | | 601601 | 中国太保 | 36.88 | -0.05% | 22.50万 | 8.33亿 | | 601318 | 中国平安 | 58.47 | -0.12% | 43.19万 | 25.36 Z | | 601628 | 中国人寿 | 40.48 | -0.71% | 16.20万 | 6.571Z | | 616109 | 中国人保 | 8.17 | -1.09% | 76.47万 | 6.28 Z | | 601336 | 新华保险 | 62.58 | -1.57% | 27.61万 | 17.23亿 | 从资金流向上来看，当日保险板块主力 ...

转自：新华财经 中国人寿冀州支公司为中小企业提供全方位、多层次的员工保险支持，助力其实现高质量发展。 中国人寿冀州支公司在河北省2025年"一起益企"中小企业服务行动中，通过保险保障为中小企业提供全 面细致的服务，帮助中小企业解决发展过程中的痛点和难题，促进其健康、稳定、高质量发展。（王文 聪） 员工保障，化解用工风险。中国人寿冀州支公司积极为中小企业提供员工保障相关保险产品，如"员福 保"等，涵盖意外身故、伤残以及意外医疗等多项保障责任，满足不同企业对员工保障的个性化需求。 化解企业用工风险，让企业能够将更多的精力放在生产经营上，减少因员工工伤问题带来的经济压力。 ...