摩根士丹利：香港_中国保险_市场反弹如何影响保险公司的财务业绩
香港金融发展局·2024-10-11 14:13
M Idea Hong Kong/China Insurance | Asia Pacific October 7, 2024 10:25 AM GMT How could market rally impact insurers' financial results? We see insurers' financial results as much more sensitive to the equity market under new IFRS9. If there's 10%+ equity return in insurance funds in 2H, we estimate most insurers could achieve triple-digit earnings growth in FY24, resulting in 15-25% FY24E ROE and higher growth in BV and EV. Despite some accelerated transition into FVOCI stock investment in 1H24, most insure ...