证券时报·2025-05-08 08:01Core Viewpoint - The insurance asset management industry has shown significant growth in 2024, with total revenue reaching 41.6 billion yuan, a year-on-year increase of 14.4%, and net profit totaling 18.4 billion yuan, up 18.1% from the previous year. Among 34 institutions, 33 reported profits while one incurred losses [1][7]. Revenue and Profit Rankings - China Life Asset Management remains the leader in both revenue and net profit for 2024, achieving 6.703 billion yuan in revenue (up 27.5%) and 3.857 billion yuan in net profit (up 34.1%) [2][3]. - TaiKang Asset Management ranks second in both revenue and profit, with 6.282 billion yuan in revenue (up 23.1%) and 2.843 billion yuan in net profit (up 36.6%) [3]. - Ping An Asset Management experienced declines, with revenue of 4.045 billion yuan (down 5.4%) and net profit of 2.451 billion yuan (down 9.4%), dropping to fourth place in both metrics [3][5]. Asset Management Scale - As of the end of 2023, eight insurance asset management companies have surpassed one trillion yuan in assets under management, including China Life Asset, Ping An Asset, and TaiKang Asset. Additionally, two companies are close to this threshold [9][10]. - The total asset management scale of leading firms includes China Life Asset at over 6.2 trillion yuan, Ping An Asset at over 5.8 trillion yuan, and TaiKang Asset at over 4.2 trillion yuan [9][10]. Performance Variations - The overall performance of the insurance asset management industry remains stable, with some institutions experiencing growth while others face declines. Notably, the most significant drop was observed in Zhongying Yili Asset Management, while Allianz Insurance Asset Management returned to profitability in 2024 [7][8]. - TaiPing Capital is the only institution reporting a loss in 2024, with a loss of 0.16 billion yuan, which has increased compared to the previous year [8].