保险行业 2026 年预计延续复苏，利差损担忧缓解，监管下调预定利率， 万能险结算回报降低。受益于资本市场政策呵护和国债收益率稳定，保 险股投资收益率达 5%以上，超过内涵价值假设，利差损拐点显现。 居民存款搬家逻辑下，分红险竞争力增强，收益率高于定存。险企增加 高股息标的配置，每年新增保费 30%投入 A 股，头部险企新增资金规模 约 3,000-4,000 亿，推动资本市场上涨，提升投资收益。 财产险方面，头部三家公司市占率稳固，车险为核心增长领域，新能源 车渗透率提升推动车均保费增长。中国人保预计 2026 年车险业务增速 可达 4%以上，与 GDP 增速相契合。 非车险业务受益于健康险覆盖率提升，保费增速稳健。预计 2026 年， 随着责任保险和农险回升，非车险增长有望接近 10%。头部保险公司综 合成本率预计稳定在 97%左右。 券商板块受益于居民存款搬家、市场活跃度、大财富管理及监管政策放 松，预计 2025-2026 年券商 ROE 进入上升周期。大财富管理、大投行 及国际化衍生品等将对券商业绩形成正向贡献。 Q&A 2026 年金融板块的年度策略是什么？非银板块和银行板块的表现如何？ 2026 ...

二、核准该公司业务范围为：渔业行业内的财产损失保险、责任保险、意外伤害保险；经保险业监督管 理机构批准的与保险有关的其他业务。 三、接此批复文件后，该公司应按照有关规定领取许可证并办理开业前的相关手续。开业后及时向沧州 金融监管分局报告相关情况。 2025年12月25日，沧州金融监管分局发布批复称，《中国渔业互助保险社河北分社关于黄骅营业部开业 验收的报告》(渔保冀报〔2025〕33号)收悉。经审核，现批复如下： 一、同意中国渔业互助保险社河北分社黄骅营业部开业，营业场所为河北省黄骅市南排河镇渔港监督大 院。 ...

北京商报讯（记者 李秀梅） 12月22日，北京商报记者注意到，长江财产保险股份有限公司（以下简称"长江财险"）近日发布了总精 算师及相关部门负责人招聘公告。根据公告，长江财险将公开招聘总精算师、车险部总经理、产品精算部副总经理。 人才招聘 长江财产保险股份有限公司总精算师及相关部门负责人招聘公告 发布时间: 2025-12-18 长江财产保险股份有限公司(简称长江财产保险)成立于2011年11月18日,总部设在武汉,是湖北省首家全国性法人财产保险公司,为湖北省 委、省政府管理的国有金融企业,注册资本金27.97亿元人民币。长江财产保险已在湖北区域实现机构全覆盖,并在省外设立多家分公司。业务范围涉 及全国主要行政区域。长江财产保险经营范围为财产损失保险、责任保险、信用保险和保证保险、短期健康保险和意外伤害保险、上述业务的再保险 业务、国家法律法规允许的保障资金运用业务、经保监会批准的其他保障业务,形成涵盖12个大类、200多个主险、2000多个附加融的产品体系。 做到"两个维护"，坚持执行党和国家的方针政策，严格进守党的政治纪律和政治规定，认真落实省委、省政府和公司党委"营門"来源：：长江卫财险公告 一、岗位名 ...

12月10日至11日，中央经济工作会议在北京举行。在部署明年经济工作的重点任务时，会议鲜明地提出 了"坚持民生为大"的导向，强调要努力为人民群众多办实事。从鼓励支持灵活就业人员参加职工保险， 到深化医保支付方式改革、推行长期护理保险制度，再到扎实做好安全生产与防灾减灾工作，这一系列 部署不仅是一份沉甸甸的"民生任务书"，更是金融行业，特别是保险行业转型升级、实现高质量发展 的"核心路线图"。 民生是经济发展的指南针（300803），也是社会稳定的压舱石。在当前宏观经济回升向好但仍面临挑战 的背景下，将金融资源精准配置到民生领域，不仅体现了金融工作的政治性和人民性，更是激活内需潜 力的关键一招。金融机构必须深刻认识到：算好"民生账"，就是算好最大的"经济账"；守住"民生底 线"，就是守住最稳的"发展高线"。 金融支持民生，首在织密"保障网"，让奋斗者无后顾之忧。会议特别提到要"实施稳岗扩容提质行 动""鼓励支持灵活就业人员、新就业形态人员参加职工保险"。随着外卖骑手、网约车司机等新就业群 体日益庞大，传统的社保体系和商业保险模式面临挑战。这就要求金融机构，特别是保险行业，打破传 统的思维定式，开发更具普惠性、灵 ...

证券之星消息，12月9日南向资金减持528.94万股中国人民保险集团（01339.HK）。近5个交易日中，获 南向资金增持的有3天，累计净增持642.96万股。近20个交易日中，获南向资金增持的有13天，累计净 增持3436.46万股。截至目前，南向资金持有中国人民保险集团（01339.HK）26.77亿股，占公司已发行 普通股的30.67%。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | --- | | 2025-12-09 | 26.77亿 | -528.94万 | -0.20% | | 2025-12-08 | 26.83亿 | -171.20万 | -0.06% | | 2025-12-05 | 26.84亿 | 139.40万 | 0.05% | | 2025-12-04 | 26.83亿 | 264.40万 | 0.10% | | 2025-12-03 | 26.80亿 | 939.30万 | 0.35% | 中国人民保险集团股份有限公司是一家主要提供保险产品的控股公司。该公司及其子公司主要从事财产 保险、健康保险、人寿保险、再保险、 ...

Core Viewpoint - China Post has been granted approval to operate insurance agency business, marking its entry into a market where many players are exiting due to stringent regulations and industry consolidation [1][4]. Group 1: Approval and Business Scope - On November 24, the Financial Regulatory Bureau approved China Post to conduct insurance agency business, allowing it to handle various types of insurance including property and life insurance [1]. - The approval signifies a strategic move for China Post, which has a vast network of over 54,000 outlets across urban and rural areas, providing a strong foundation for insurance distribution [2][3]. Group 2: Industry Context and Previous Actions - The insurance agency sector has seen a significant reduction in participants, with many agencies withdrawing from the market due to regulatory pressures [4]. - Historically, China Post had previously engaged in insurance agency activities but had seen some of its local branches voluntarily cancel their insurance agency licenses in recent years [3][4]. Group 3: Strategic Considerations - The decision to apply for a unified insurance agency license at the corporate level reflects a response to regulatory demands for licensed operations, aiming to streamline compliance and management [5][6]. - By centralizing the insurance agency operations, China Post can enhance resource allocation and avoid internal competition with its banking subsidiary, Postal Savings Bank [5][7]. Group 4: Network Utilization and Market Impact - The approval allows China Post to leverage its extensive network to enhance insurance service delivery, particularly in underserved markets such as third and fourth-tier cities [8]. - The integration of insurance services into existing postal operations is expected to improve customer access to insurance products and increase market penetration [8][9]. Group 5: Future Directions and Compliance - China Post is required to adhere strictly to insurance agency regulations and improve its management capabilities to protect consumer rights [9]. - The company aims to enhance the quality and efficiency of its insurance services, building trust and reputation in the market [9].

Core Viewpoint - A new property insurance company, 法巴天星财险, has been approved to commence operations, marking a significant development in the Chinese insurance market [2][3]. Group 1: Company Approval and Operations - 法巴天星财险 received approval to commence operations on October 17, and subsequently obtained its insurance license on October 24, which is a crucial step in the establishment of an insurance company [2]. - The company is located in Beijing and its business scope includes motor vehicle insurance, property insurance, liability insurance, marine and cargo insurance, short-term health and accident insurance, reinsurance, and other approved insurance-related activities [2]. Group 2: Shareholder Structure - The registered capital of 法巴天星财险 is 1 billion RMB, with major shareholders including the French insurance group, 四川银米科技有限责任公司, and 大众汽车金融服务海外股份公司, holding 49%, 33%, and 18% respectively [3]. - The French insurance group is a member of the well-known French banking group and has a long-standing presence in the Chinese market, indicating a strategic expansion into both property and life insurance sectors in China [3]. Group 3: Market Position and Leadership - 法巴天星财险 is now the 90th property insurance company in China, as of June this year, reflecting the growing competition in the insurance sector [4]. - The company has appointed experienced executives, including OOI See See as chairman and 朱仁栋 as general manager, who has extensive experience in the property insurance industry [4].

Core Viewpoint - China Post has been granted approval to operate insurance agency business, marking its entry into the insurance intermediary market amidst a backdrop of increasing regulatory scrutiny and the exit of many players [1][3]. Industry Perspective - The insurance intermediary industry is undergoing significant changes, with strong regulations filtering out numerous participants. China Post's entry is seen as a strategic move to align with regulatory requirements for licensed operations [3][5]. - The approval allows China Post to offer a range of insurance products, including property and life insurance, leveraging its extensive network of over 54,000 outlets across urban and rural areas [4][9]. Company Strategy - China Post's decision to apply for an insurance agency license at the corporate level is a shift from its previous decentralized approach, where individual branches operated under various qualifications [5][6]. - The unified application for the insurance agency license aims to enhance compliance with regulatory standards and streamline management of insurance operations across its network [6][8]. Network Empowerment - The approval specifies that only designated agency outlets will be allowed to operate in insurance, indicating that not all postal outlets will engage in this business [7][8]. - The extensive network of China Post is expected to improve insurance product accessibility, particularly in underserved markets such as third- and fourth-tier cities [9]. Future Outlook - The insurance agency business is anticipated to create significant synergies with existing postal services, enhancing customer service and product offerings [9][10]. - China Post is expected to focus on professional management and improving service quality in its insurance operations to build consumer trust and brand reputation [10].

Core Insights - A new property insurance company, Beijing FaBa Tianxing Property Insurance Co., Ltd. (FaBa Tianxing), has been approved to commence operations as of October 17, 2023 [1] - The company received its insurance license on October 24, 2023, which is a crucial step in the establishment process following the approval for operation [1] - FaBa Tianxing has a registered capital of 1 billion RMB, with major shareholders including the French insurance group, Sichuan Yinmi Technology Co., Ltd., and Volkswagen Financial Services [1][2] Company Structure - The ownership structure of FaBa Tianxing includes the French insurance group holding 49%, Sichuan Yinmi Technology holding 33%, and Volkswagen Financial Services holding 18% [1][2] - Sichuan Yinmi Technology is a member of the Xiaomi Group, which has been rumored to seek a property insurance license for several years [2] - The company is now the 90th property insurance company in China, as of June 2023 [2] Management and Strategy - The management team includes OOI See See as the chairman and Zhu Rendong as the general manager, who has extensive experience in the property insurance sector [2] - The strategic positioning and business strategy of FaBa Tianxing have garnered significant attention from industry professionals since its establishment [3]

Core Viewpoint - The National Financial Supervision Administration has approved China Post Group Co., Ltd. to operate insurance agency business, allowing a wide range of insurance types to be offered [1] Summary by Categories Approval Details - The approval includes a variety of insurance types such as motor vehicle insurance, enterprise property insurance, household property insurance, cargo transportation insurance, ship insurance, engineering insurance, special risk insurance, agricultural insurance, liability insurance, credit insurance, guarantee insurance, life insurance, annuity insurance, health insurance, and accident insurance [1] Regulatory Requirements - China Post Group Co., Ltd. is required to strictly adhere to relevant laws and regulations regarding insurance agency operations [1] - The company must accept supervision from the Financial Supervision Administration and its local agencies [1] - There is an emphasis on enhancing management capabilities in insurance agency business and establishing a firewall to protect financial consumers' legitimate rights and interests [1]