12月26日，金融监管总局发布2025年前11月保险业经营情况表，数据显示，前11个月，保险业原保险保 费收入5.76万亿元，可比口径下同比增长7.56%。其中人身险原保费规模为4.15万亿元，同比增长 9.06%。财产险公司原保险保费收入1.72万亿元，同比增长3.88%。前11个月，保险业净资产3.68万亿 元，总资产40.64万亿元，其中人身险公司总资产35.75万亿，财产险公司总资产3.15万亿元。 关键词阅读：金融监管总局 保险业 保费 责任编辑：栎树 ...

（於中華人民共和國註冊成立的股份有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 中國太平洋保險（集團）股份有限公司 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 傅 帆 董事長 （股份代號：02601） 保費收入公告 於2025年1月1日 至2025年11月30日 期 間，中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司（「本公司」）子 公 司 中 國 太 平 洋 人 壽 保 險 股 份 有 限 公 司 累 計 原 保 險保費收入為人民幣2,503.22億 元，同 比 增 長9.4%，本 公 司 子 公 司 中 國 太 平洋財產保險股份有限公司累計原保險保費收入為人民幣1,876.82億 元， 同比增長0.3%。 上 述 累 計 原 保 險 保 費 收 ...

智通财经APP讯，中国人寿(02628)发布公告，截至2025年11月30日，公司总保费超过人民币7000亿元。 ...

Group 1 - The core viewpoint is that the national original insurance premium income reached 42,085 billion yuan in July 2025 [1] Group 2 - The top five regions in terms of original insurance premium income are Jiangsu, Guangdong, Shandong, Zhejiang, and Beijing [2] - Additionally, Sichuan and Henan also exceeded 2,000 billion yuan in original insurance premium income [2]

Core Insights - The growth in premium income does not necessarily lead to an increase in insurance service income, as revealed in the 2024 annual reports of listed insurance companies [1][4]. Group 1: Insurance Service Income Trends - In 2024, the insurance service income showed divergence among listed insurance companies, with property insurance companies experiencing growth while life insurance companies saw declines [2][4]. - Among the three major property insurance companies, all reported increases in insurance service income: China Pacific Insurance at 191.4 billion yuan (up 8.1%), Ping An Property at 328.1 billion yuan (up 4.7%), and China Re at 485.2 billion yuan (up 6.1%) [2]. - Conversely, four out of five listed life insurance companies reported declines in insurance service income, with China Life down 2%, Ping An Life down 0.1%, China Taiping down 2.3%, and Xinhua Insurance down 0.5%. However, China Re Life reported a significant increase of 23% [2][3]. Group 2: Impact of New Accounting Standards - The implementation of the new insurance contract standards has changed how insurance income is reported, shifting from premium income to insurance service income, which is recognized based on the progress of service delivery rather than upon receipt of premiums [4][5]. - The difference in accounting treatment means that while premium income can be recognized immediately, insurance service income is recognized over the service period, leading to potential discrepancies between the two metrics [4][5]. - The insurance industry is still transitioning to the new standards, and there is a lack of understanding and focus on the insurance service income metric among industry participants [5][6]. Group 3: Future Outlook - As the industry adapts to the new standards, the importance of insurance service income is expected to increase, particularly for life insurance companies that are moving towards high-quality development and should focus on value premiums rather than just scale [6][7]. - The complexity of the insurance service income metric, which involves various assumptions and calculations, has contributed to its lower visibility compared to traditional premium income [5][6].