Core Insights - The insurance sector experienced a rise of 1.25% on December 12, with China Ping An leading the gains [1] - The Shanghai Composite Index closed at 3889.35, up 0.41%, while the Shenzhen Component Index closed at 13258.33, up 0.84% [1] Insurance Sector Performance - China Ping An (601318) closed at 63.91, with a gain of 2.21% and a trading volume of 1.0918 million shares, amounting to a transaction value of 692.6 million yuan [1] - China Pacific Insurance (601601) closed at 38.24, up 2.05%, with a trading volume of 385,200 shares and a transaction value of 146.1 million yuan [1] - XD China Life (61319) closed at 8.55, increasing by 1.42%, with a trading volume of 698,900 shares and a transaction value of 591 million yuan [1] - XD Xinhua Insurance (601336) closed at 67.32, up 1.37%, with a trading volume of 166,000 shares and a transaction value of 1.105 billion yuan [1] - China Life Insurance (601628) closed at 45.30, with a modest gain of 0.69%, trading 163,500 shares for a total value of 73.2 million yuan [1] Capital Flow Analysis - The insurance sector saw a net inflow of 303 million yuan from institutional investors, while retail investors experienced a net outflow of 637 million yuan [1] - The overall capital flow indicates a preference for institutional investment in the insurance sector on that day [1]

许昆林表示，以金融高质量发展助力辽宁全面振兴，离不开中国人民银行、金融监管总局的关心指导， 离不开中央金融机构的帮助支持。希望大家进一步关注辽宁、信任辽宁，深化拓展务实合作，支持辽宁 统筹做好金融"五篇大文章"，助力实体经济发展，与我们一道共享振兴发展机遇、开创美好未来。 会上，国家开发银行、中国进出口银行、中国农业发展银行、中国工商银行、中国农业银行、中国银 行、中国建设银行、交通银行、中国邮政储蓄银行、中国人民保险集团股份有限公司、中国人寿 （601628）保险(集团)公司、中国出口信用保险公司等中央金融机构主要负责同志先后发言。 12月11日，辽宁省与中央金融机构座谈会在北京举行。辽宁省委书记许昆林主持并讲话。中国人民银行 行长潘功胜，国家金融监督管理总局局长李云泽出席并讲话，辽宁省委副书记、省长王新伟介绍辽宁经 济社会发展总体情况。辽宁省委副书记、大连市委书记熊茂平，12家中央金融机构主要负责同志出席会 议。 许昆林表示，辽宁将搭建高效便捷的政金企对接平台，完善融资担保和风险补偿机制，为金融机构开展 业务创造更好条件。我们将全力打造一流营商环境，坚决整治破坏营商环境的问题，加强社会信用体系 建设，政府 ...

Core Viewpoint - The insurance industry in Chongqing is transforming from a reactive compensation model to a proactive service model, focusing on risk prevention and tailored solutions to enhance both public welfare and industrial development [1][8]. Group 1: Insurance as a "Buffer" for Livelihood - A low-cost accident insurance for the elderly, costing only 50 yuan, provides a coverage of 6,000 yuan for medical expenses, demonstrating the industry's commitment to supporting senior citizens [2]. - The insurance has already covered over 25,000 individuals, providing a total risk coverage of 1.58 billion yuan by September 2025 [2]. - New employment sectors, such as delivery and ride-sharing, have been provided with specialized insurance, covering 120,000 workers and resulting in over 4,300 claims amounting to more than 50 million yuan since 2023 [3]. Group 2: Insurance as an "Anchor" for Industry - Customized insurance solutions for businesses, such as food safety and employee accident insurance, have provided over 100 million yuan in risk coverage for companies like Sanhui Catering Culture Co., Ltd [4]. - The insurance industry is actively involved in risk management, offering services like safety training and hazard inspections alongside traditional coverage [4]. - A new insurance product for autonomous vehicles has been launched, enhancing claims efficiency through an integrated solution for liability determination [5]. Group 3: Safety as a "Firewall" for Risk Prevention - The insurance sector is shifting towards preventive measures, such as the "Red and Green Light" initiative, which has reduced accident rates by 50% in high-risk areas through infrastructure improvements [7]. - Risk reduction services have been implemented in tourist areas, providing 40 million yuan in risk coverage and enhancing safety through various precautionary measures [7]. - The insurance industry is increasingly seen as a proactive player in community safety, offering solutions that go beyond mere compensation [8].

Group 1 - The core viewpoint of the article highlights a significant increase in the stock prices of Hong Kong insurance companies, with notable gains for China Taiping, China Life, and China Pacific, all rising over 4% [1] - China Ping An's stock price has reached a new high since June 2021, indicating strong market performance [1] - The overall trend shows a positive sentiment in the insurance sector, as several companies are experiencing substantial stock price increases [1]

Core Viewpoint - The insurance sector is experiencing a significant rally, driven by regulatory changes that lower investment risk factors for insurance companies, enhancing capital efficiency and supporting long-term value investment [1] Group 1: Stock Performance - As of the report, major insurance stocks have seen substantial gains: China Life (601628) up 4.4% to HKD 28, China Pacific Insurance (601601) up 4.09% to HKD 34.08, China Ping An (601318) up 2.85% to HKD 63.25, and China Property & Casualty Insurance (02328) up 0.96% to HKD 16.9 [1] Group 2: Regulatory Impact - On December 5, the Financial Supervisory Commission lowered the risk factors for insurance companies investing in related stocks, which is expected to reduce capital occupation pressure and enhance fund utilization efficiency [1] - The adjustment is anticipated to support the continuous guidance of insurance funds as "patient capital," further promoting technological innovation and empowering the real economy [1] Group 3: Industry Outlook - Donghai Securities noted that the insurance sector is currently in a historically undervalued range, suggesting a focus on large listed insurance companies with significant competitive advantages [1] - Guosheng Securities highlighted that the insurance industry will benefit from the trend of bank deposits moving, with diversified demands in pensions, healthcare, and savings expected to drive industry expansion [1] - Short-term progress in the insurance companies' New Year business is expected to boost liability performance in 2026, while the adjustment of product interest rates is likely to alleviate industry spread loss risks [1] - The "reporting and operation integration" is seen as a way to reduce internal competition and increase concentration among leading companies, indicating a positive outlook for the insurance sector's allocation value [1]

二、接此批复文件后，中国人寿保险股份有限公司陕西省分公司应立即停止中国人寿保险股份有限公司 礼泉支公司阡东营销服务部等6家营销服务部的一切经营活动，于15个工作日内向咸阳金融监管分局缴 回许可证，并按照有关法律法规要求办理相关手续。 2025年12月10日，咸阳金融监管分局发布批复称，《中国人寿（601628）保险股份有限公司陕西省分公 司关于撤销礼泉支公司阡东营销服务部等6家营销服务部的请示》（国寿人险陕发〔2025〕268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礼泉支公司阡东营销服务部、中国人寿保险股份有限公司礼泉 支公司赵镇营销服务部、中国人寿保险股份有限公司咸阳分公司人民路营销服务部、中国人寿保险股份 有限公司武功支公司小村营销服务部、中国人寿保险股份有限公司乾县支公司城关营销服务部、中国人 寿保险股份有限公司乾县支公司临平营销服务部等6家营销服务部。 ...

二、中国人寿财产保险股份有限公司陕西省分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12月10日，咸阳金融监管分局发布批复称，《中国人寿（601628）财产保险股份有限公司陕西省 分公司关于杨凌支公司变更营业场所的请示》（国寿财险陕发〔2025〕328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陕西省分公司杨凌支公司将营业场所变更为：陕西省杨陵区康 乐路与常青路十字西路南办公楼1楼、3楼。 ...

2025年12月5日，石河子金融监管分局发布批复称，《关于中国人寿（601628）保险股份有限公司石河 子分公司莫索湾营销服务部变更营业场所的请示》（国寿人险石发〔2025〕84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石河子分公司莫索湾营销服务部将营业场所变更为：新疆石河子市 149团7号小区4栋门面。 二、中国人寿保险股份有限公司石河子分公司应按照有关规定及时办理变更及许可证换领事宜。 ...

东兴证券指出，当下时点，险资的资本市场"稳定器"作用显得尤为重要。本次监管层降低险资部分投资 品种的风险因子，在推动资本市场平稳健康发展的同时，亦有望提升险企资金运用效率和投资收益，进 而提升险企经营业绩。此外，资本市场运行环境的改善亦将直接推动券商业绩释放。从投资标的看，当 前非银行业的马太效应不断增强，行业头部机构更有能力和机会参与政策创新，把握政策红利窗口期， 提升自身经营业绩，故建议持续重点关注行业头部公司的投资价值。此外，在ETF蓬勃发展的大背景 下，出于投资需求的差异化，证券、保险ETF的投资价值也应继续重点关注。 保险证券ETF紧密跟踪中证800证券保险指数，中证800证券保险指数是在中证800指数的基础上，选择 证券保险行业内对应的证券作为指数样本，为投资者提供更多样化的投资标的。 数据显示，截至2025年11月28日，中证800证券保险指数(399966)前十大权重股分别为中国平安 (601318)、东方财富(300059)、中信证券(600030)、国泰海通(601211)、中国太保(601601)、华泰证券 (601688)、中国人寿(601628)、广发证券(000776)、招商证券( ...

中国人寿寿险广东省分公司党委书记、总经理陈恒伟接受记者采访时认为，"百千万工程"是民生工程， 也是民心工程，广东国寿围绕的核心是以人为本，契合"百千万工程"对民生高质量发展的要求。"未来 我们将加大对边远地区的资源倾斜力度，积极为小微企业、老年人群体，还有女性以及儿童等特定人群 提供丰富的保险保障服务。" 编辑：王春霞 为达成"三年初见成效"阶段任务，广东金融协同发力，在推动城乡区域协调发展过程中形成了有效路径 与成效，同时也为下一阶段深化实践"建言献策"，助力"百千万工程"向下一阶段目标迈进。 转自：新华财经 新华财经广州12月12日电（记者孟盈如）"百县千镇万村高质量发展工程"（以下简称"百千万工程"）是 广东省于2022年12月启动的城乡区域协调发展核心战略，旨在破解城乡发展不平衡难题。目前，"百千 万工程"锚定"一年开局起步、三年初见成效、五年显著变化、十年根本改变"的目标任务正在有序推 进。 金融作为国民经济的血脉，在"百千万工程"推进过程中，广东省专门印发《关于金融支持"百县千镇万 村高质量发展工程"促进城乡区域协调发展的实施方案》，强调建立健全金融支持"百千万工程"政策措 施体系，推动金融资源进 ...