Regulatory Dynamics - The central bank emphasizes the use of insurance company swap facilities and stock repurchase loans to maintain capital market stability [6] - The National Healthcare Security Administration signed a data-sharing agreement with the All-China Federation of Trade Unions to improve employee medical insurance information sharing [8] - The Financial Regulatory Administration supports the development of floating income health insurance and the pilot sale of health and life insurance combinations [9] - The Financial Regulatory Administration requires property insurance companies to reasonably lower premium scales and business growth assessments [10] - Beijing's insurance industry reported original premium income of 257.5 billion, a year-on-year increase of 7.07% [11] - Shanghai's insurance companies accumulated original premium income of 230.5 billion in the first eight months [12] Company Dynamics - Ping An Life increased its stake in Agricultural Bank of China by 207 million HKD, raising its holding to 17.03% [19] - Hongkang Life increased its stake in Honghua Wisdom Energy by 32.36 million HKD, raising its holding to 8.05% [20] - China Life reduced its stake in Hangzhou Bank by 5.08 million shares, completing the reduction [23] - China Life will no longer establish a supervisory board, with 11 insurance companies having dissolved their supervisory boards this year [28] - Yingda Taihe received approval to issue capital supplement bonds worth 2.5 billion RMB [30] - Sunshine Insurance launched its "Evergreen" employee stock ownership plan [31] Personnel Changes - Ni Jinqian has been appointed as the Party Secretary and Director of the Shanxi Financial Regulatory Bureau [37] - He Liuyi has been approved as the new Chairman of Happiness Life Insurance [42] - Guo Xiaotao has been appointed as the Chairman of Ping An Good Doctor [50] - AIA Life has undergone a series of personnel changes, including the departure of a long-serving executive [55] Industry Dynamics - The latest list of insurance institutions shows 238 entities, with a decrease in property insurance companies from 89 to 88 [57] - Some insurance-related elderly care community projects have achieved occupancy rates exceeding 80% [59] - Foreign capital has been actively acquiring Hong Kong insurance stocks, with notable actions from the Norwegian central bank and major investment firms [64] - In September, 271 new life insurance products were launched, with over 40% being dividend insurance [65]

一、同意撤销中国人寿保险股份有限公司宜良县支公司阳宗海营业部。 二、接此批复文件后，中国人寿保险股份有限公司宜良县支公司阳宗海营业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9月29日，云南金融监管局发布批复称，《关于撤销中国人寿（601628）保险股份有限公司宜良 县支公司阳宗海营业部的请示》（国寿人险滇发〔2025〕306号）收悉。经审核，现批复如下： ...

2025年10月9日，国家金融监督管理总局鞍山监管分局发布批复称，《中国人寿（601628）保险股份有 限公司辽宁省分公司关于撤销中国人寿保险股份有限公司海城市支公司耿庄等四个营销服务部及中国人 寿保险股份有限公司台安县支公司桑林镇营销服务部的请示》（国寿人险辽发〔2025〕271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海城市支公司耿庄营销服务部、孤山营销服务部、英落营销服 务部、温香营销服务部以及中国人寿保险股份有限公司台安县支公司桑林镇营销服务部。 二、接到批复文件后，中国人寿保险股份有限公司海城市支公司耿庄营销服务部、孤山营销服务部、英 落营销服务部、温香营销服务部以及中国人寿保险股份有限公司台安县支公司桑林镇营销服务部应立即 停止一切经营活动，于15个工作日内向国家金融监督管理总局鞍山监管分局缴回保险许可证，并按照有 关法律法规要求办理相关手续。 ...

2025年10月9日，国家金融监督管理总局鞍山监管分局发布批复称，《中国人寿（601628）保险股份有 限公司辽宁省分公司关于变更中国人寿保险股份有限公司海城市支公司西柳镇营销服务部营业场所的请 示》（国寿人险辽发〔2025〕284号）收悉。经审核，现批复如下： 二、中国人寿保险股份有限公司辽宁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。 一、同意中国人寿保险股份有限公司海城市支公司西柳镇营销服务部将营业场所变更为：辽宁省海城市 西柳镇西柳村圆梦园1号楼1-1。 ...

2025年9月29日，天津金融监管局发布批复称，《关于撤销中国人寿（601628）保险股份有限公司天津 市蓟州区支公司下营镇营销服务部的请示》（国寿人险津发〔2025〕148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天津市蓟州区支公司下营镇营销服务部。 二、接此批复文件后，该机构应立即停止一切经营活动，于15个工作日内向天津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。 ...

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。 一、同意中国人寿财产保险股份有限公司揭阳市榕城营业部将营业场所变更为：广东省揭阳市东升路以 北临江北路东以西宝德电脑数码广场三期（宝德-时代中心）1栋2403至2405号房。 2025年9月30日，揭阳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揭 阳市榕城营业部变更地址的请示》（国寿财险揭阳发〔2025〕64号）收悉。经审核，现批复如下： ...

Core Insights - The article highlights the positive impact of the "Silver Age Health Insurance" and "Women's Health" insurance programs by China Life Insurance in rural areas, particularly in Yantai, Shandong Province, showcasing how these initiatives provide financial security and peace of mind to vulnerable populations [1][2][3] Group 1: Insurance Programs - "Silver Age Health Insurance" targets individuals aged 50 and above, addressing the gap in accidental injury coverage for the elderly, and has provided risk protection for over 690 million elderly individuals in Yantai since its launch in 2008, with a total risk coverage exceeding 3.55 trillion yuan [3][4] - The "Women's Health" program, which is closely linked to cancer screening initiatives, has expanded its coverage from 720,000 to over 2 million women in Shandong, effectively alleviating the financial burden associated with specific diseases [3][4] Group 2: Real-Life Impact - The timely compensation received by policyholders, such as 5,700 yuan for an elderly woman who suffered a fall, illustrates the immediate benefits of these insurance products, significantly easing financial stress for low-income individuals [2][3] - The psychological comfort provided by these insurance programs is emphasized, as beneficiaries report feeling supported and less anxious when facing health challenges, demonstrating the broader social value of insurance in rural communities [3][5] Group 3: Community Engagement - The article notes that China Life Insurance also offers accident insurance to workers in agricultural cooperatives, contributing to the overall safety and security of those involved in rural economic activities [4][5] - The grassroots approach of using local broadcasts to promote insurance awareness has effectively engaged the community, making insurance a tangible and relatable concept for villagers [5]

Core Insights - The insurance industry in China has achieved significant growth during the "14th Five-Year Plan" period, with a total compensation of 9 trillion yuan, marking a 61.7% increase compared to the "13th Five-Year Plan" period [2] - The industry has played a crucial role in supporting economic development and social stability, with a total insurance liability amounting to 12.104 trillion yuan and daily compensation reaching 1.1 billion yuan, a 32% increase from the previous period [3] - The insurance sector has expanded its service capabilities, focusing on various demographics, including the elderly and rural populations, with significant investments in health and pension sectors [6][7] Industry Development - The insurance industry has become the second-largest in the world, with a total fund utilization balance of 33.26 trillion yuan by 2024, reinforcing its role as an economic stabilizer [3] - Insurance funds invested in stocks and equity funds exceeded 5.4 trillion yuan, reflecting an 85% increase from the end of the "13th Five-Year Plan" [2] - The average insurance coverage per mu (unit of area) for major crops has increased by 72% during the "14th Five-Year Plan" [2] Risk Management - The industry has prioritized risk prevention, enhancing its risk management frameworks and utilizing technology to mitigate both new and existing risks [8] - China Life Insurance has implemented a comprehensive risk management upgrade plan, focusing on compliance and risk monitoring [8] - China Pacific Insurance emphasizes proactive and precise risk management strategies to strengthen compliance and internal controls [8] Service Enhancement - The insurance sector has introduced over 100 pension insurance products and has provided coverage for more than 1.366 million elderly individuals through its "Silver Care" program [6] - By mid-2025, China Life Insurance had provided risk protection for nearly 1.1 billion elderly individuals and 1.6 billion rural residents, significantly reducing medical burdens [6] - The industry has also focused on green insurance and inclusive insurance, achieving global leadership in these areas [6]

Core Insights - The article highlights the development of a comprehensive insurance system in China, particularly focusing on the "Four Guarantees" insurance model by China Life Insurance, which aims to address various health and economic risks faced by rural populations [1][2][3] Group 1: Insurance System Overview - The "Four Guarantees" insurance system includes supplementary medical insurance, personal accident insurance, agricultural disaster insurance, and anti-poverty insurance, providing a multi-faceted safety net for rural communities [3][4] - In 2024, China Life's Guangxi branch aims to achieve a total premium scale of 17.1 billion yuan, marking a 36% year-on-year increase, with a market share of 34% in total premiums [1] Group 2: Targeted Insurance Products - The supplementary medical insurance covers vulnerable groups, significantly reducing out-of-pocket expenses for medical care, thus mitigating the risk of poverty due to health issues [3][4] - The personal accident insurance has provided coverage for over 29,000 rural workers, with total compensation amounting to 580,000 yuan in 2024 [3] - Agricultural disaster insurance has covered 13,000 cattle and over 67,000 acres of rice and corn, with total compensation reaching 6.1 million yuan in 2024 [3] Group 3: Economic Impact and Community Support - The insurance system has monitored 7,670 households since its inception in November 2021, disbursing a total of 10.36 million yuan in claims, with 255 individuals receiving 2.35 million yuan in 2024 alone [4] - The "Wohui Insurance" product, tailored for the local citrus industry, has expanded its coverage to all 13 townships and over 280 administrative villages, with total claims reaching 1.85 million yuan since its launch [6][7] Group 4: Cross-Border Insurance Initiatives - China Life has developed cross-border insurance services for Vietnamese workers, providing coverage for 170,000 foreign workers, thus enhancing regional economic ties and safety [8] Group 5: Future Directions - The company plans to deepen its commitment to providing diverse insurance services that align with rural revitalization and broader social welfare goals [9]

格隆汇10月10日｜ 香港交易所 信息显示， 贝莱德 (BlackRock)在 中国人寿 的持股比例于10月06日从 6.17%降至5.85%。 ...