Guo Ji Jin Rong Bao·2025-08-07 14:36Core Viewpoint - The five major listed insurance companies in A-shares are set to distribute cash dividends for the year 2024, with total dividends exceeding 900 billion yuan, reflecting a significant increase in shareholder returns [1][2][3] Dividend Distribution - China Life and New China Life have announced their dividend plans, with New China Life distributing 1.99 yuan per share, totaling 62.08 billion yuan, and China Life distributing 0.117 yuan per share, totaling 51.74 billion yuan [2] - The total cash dividends for the five major listed insurance companies in A-shares for 2024 amount to 638.26 billion yuan, with a cumulative total of 907.89 billion yuan when including previously distributed dividends, marking a year-on-year increase of 20.21% [3] Market Performance - The insurance sector in A-shares has shown strong performance, with the sector index rising over 11% as of August 6, 2023, and New China Life leading with a 36.82% increase [4] - Analysts believe there is still significant upward potential for insurance stock valuations, driven by economic recovery and improvements in both liability and investment sides [4] Premium Income - For the first half of the year, New China Life reported premium income of 121.26 billion yuan, a year-on-year increase of 23%, while China Pacific Insurance reported premium income of 282.01 billion yuan, a 5.9% increase [5]