责任险

Search documents
经济日报:保险业上半年保障水平提升
Sou Hu Cai Jing· 2025-08-25 00:39
2025年已过半程,我国保险业交出了一份稳中有进的"期中答卷"。国家金融监督管理总局公布的最新数 据显示,二季度末保险公司资金运用余额首次突破36万亿元,原保险保费收入保持增长,赔付支出加快 释放,行业综合偿付能力维持在合理区间。 专家表示,在低利率、强监管与新会计准则叠加的背景下,险企既面临资产负债管理的新考验,也迎来 结构调整的战略机遇。无论是资产配置的持续优化,还是保障功能的深入发挥,都折射出行业穿越周期 的韧性与担当。 资产扩容验证增长韧性 截至2025年二季度末,我国保险公司资金运用余额突破36万亿元,达到36.23万亿元,同比增长17.4%。 其中,人身险公司资金运用余额达32.6万亿元,财产险公司为2.35万亿元,均较年初实现稳健增长。二 季度末,保险行业总资产达39.2万亿元。 在负债端,2025年上半年保险公司实现原保险保费收入3.7万亿元,同比增长5.1%,增速较2024年进一 步回暖。其中,人身险业务的复苏尤为显著。过去两年,人身险行业经历定价利率下调、产品结构调整 的阵痛期,保费一度承压。今年以来,分红险、年金险、健康险等产品销售逐步改善,成为保费增长的 主要动力。多位业内人士表示,随 ...
保险业上半年保障水平提升
Jing Ji Ri Bao· 2025-08-24 21:52
2025年已过半程,我国保险业交出了一份稳中有进的"期中答卷"。国家金融监督管理总局公布的最新数 据显示,二季度末保险公司资金运用余额首次突破36万亿元,原保险保费收入保持增长,赔付支出加快 释放,行业综合偿付能力维持在合理区间。 专家表示,在低利率、强监管与新会计准则叠加的背景下,险企既面临资产负债管理的新考验,也迎来 结构调整的战略机遇。无论是资产配置的持续优化,还是保障功能的深入发挥,都折射出行业穿越周期 的韧性与担当。 资产扩容验证增长韧性 截至2025年二季度末,我国保险公司资金运用余额突破36万亿元,达到36.23万亿元,同比增长17.4%。 其中,人身险公司资金运用余额达32.6万亿元,财产险公司为2.35万亿元,均较年初实现稳健增长。二 季度末,保险行业总资产达39.2万亿元。 总的来看,健康险与长期护理险成增长"主力"。在人身险领域,健康险和长期护理险成为赔付增长的主 要来源。随着人口老龄化趋势加快,慢病群体扩大,健康医疗支出持续攀升,推动健康险赔付不断增 长。同时,部分地方长护险试点逐步进入赔付高峰期,也对寿险公司形成考验。 业内人士透露,为应对以上问题,不少寿险公司通过优化产品结构,强化 ...
过去15年财险公司前五大产品深度分析:近六成公司的车险为公司第一大险种,但利润却是四分天下!
13个精算师· 2025-08-15 11:03
Core Insights - The core conclusion of the article indicates that in 2024, the property insurance industry is expected to generate a total premium income of 1.69 trillion yuan, with the top five products accounting for 1.50 trillion yuan, representing 89% of total business income [1][19]. Group 1: Premium Income and Product Distribution - In 2024, the distribution of premium income among major insurance types is as follows: auto insurance at 913.7 billion yuan, health insurance at 257.6 billion yuan, agricultural insurance at 148.4 billion yuan, and liability insurance at 137.2 billion yuan [17]. - The number of companies with auto insurance as their primary product remains high at 51, accounting for 60% of the total, while the number of companies with corporate property insurance is 11 (13%), health insurance is 8 (9%), liability insurance is 7 (8%), and credit guarantee insurance is 3 (4%) [21][24]. Group 2: Underwriting Profit Analysis - In 2024, the underwriting profit for auto insurance is reported at 14.77 billion yuan, making it the main profit source for the property insurance industry, with an average rate of 0.091% and a profit margin of 1.69% [29]. - Health insurance is expected to generate a profit of 1.98 billion yuan, with an average rate of 0.0042% and a profit margin of 0.852% [29]. - Liability insurance is projected to incur a loss of 6.84 billion yuan, marking it as the largest loss-making segment in the industry, with an average rate of 0.0022% and a profit margin of -5.237% [29][43]. - Corporate property insurance is also expected to face significant losses of 2.56 billion yuan, with an average rate of 0.036% and a profit margin of -5.464% [29][50]. Group 3: Trends and Changes - The trend shows a decline in the proportion of companies with auto insurance as their primary product, decreasing from 65% in 2010 to 60% in 2024, while the number of companies with health insurance as their primary product has increased from 0% in 2010 to 9% in 2024 [21]. - The underwriting profit distribution indicates that while auto insurance remains the primary product for many companies, the profits are shared among various types, with 19 companies ranking auto insurance as their top profit source [9][24].
第五家外资独资险企诞生!史带财险战略“瘦身”砍掉七省分公司
Hua Xia Shi Bao· 2025-08-11 15:31
近年来,合资险企变身纯外资已成趋势。2019年,安盛天平被法国安盛集团全资收购;2021年,中德安 联人寿成为中国首家合资转外资独资的寿险公司。史带财险已是第五家完成"合"转"外"的保险公司。 北京排排网保险代理有限公司总经理杨帆向《华夏时报》记者表示,合资转外资独资的趋势,反映出外 资深耕中国市场的决心。当前中国的保险深度与全球均值仍存在较大差距、中产保障需求升级等原因, 是外资长期布局的底层逻辑。从"试水"到"深耕"是外资对华投资的战略升级,体现对中国市场韧性与增 长空间的认可。 本报(chinatimes.net.cn)记者吴敏 北京报道 一纸来自金融监管总局上海监管局的股权变更批复,宣告了中国保险市场迎来第三家外资独资财险公 司。 史带财险原唯一中资股东上海锦江国际投资有限公司,将其持有的0.78%股权悉数转让给史带补偿及责 任保险公司。至此,史带系股东合计持股比例达到100%,史带财险彻底褪去合资色彩,成为外资全资 持有。 北京大学应用经济学教授朱俊生在接受《华夏时报》记者采访时表示,独资化后,外资能直接统一战略 方向、加快产品和市场决策效率。这不是单纯的股权变更,而是战略重心的再分配,即外资希望直 ...
2025上半年财险公司利润榜&成本率榜(非上市):国寿财产第一,英大财产超10亿,中华联合、鼎和财产超5亿...
13个精算师· 2025-08-07 10:24
2025年上半年 76家非上市财险公司 ①68家盈利 , 8家亏 损 ③百亿规模险企成本率优化 英大、中华联合等净利润均增长 ④小机构赔付率高仍亏损 前海联合偿付能力逼近"监管红线" 投资收益率↑成本率↓ 利润超90亿 ②国寿财产第一 费用率三连降 ,净利润创新高 | | | | 序 름/ | 吃到二 | 净利润高 成本率 | 序 号 | | 净利润 | | --- | --- | --- | --- | --- | --- | | ר | 国寿财产 | 24.28 | 97% 1 | 前海联合 | -0.51 | | 21 | 莫大财产** | 10.53 79% | 2 | 现代财产 | -0.44 | | 3 | 中华联合 | 8.22 | 100% 3 | 太平科技 | -0.33 | | 4 A | 鼎和财产 | 6.55 1 | 85% ব | 长江财产 | -0.28 / | | 5 | 永安财险 | 3.23 | 98% 5 | 融盛财险 | -0.19 | | 6 中原农业 | | 3.72 1 | 86% 6 | (黄河财险 | -0.07 | | 7 | 紫金财产 | 3.00 | 10 ...
建信财险:以中国特色金融文化为引领 走好差异化发展之路
Bei Jing Qing Nian Bao· 2025-07-29 19:22
Core Viewpoint - Jianxin Property Insurance Co., Ltd. (hereinafter referred to as "Jianxin Insurance") focuses on differentiated development in the "bank + insurance" sector, leveraging its resources and operational advantages to support the national economy and enhance its profitability for high-quality growth [1][2]. Group 1: Differentiated Development - Jianxin Insurance is committed to a differentiated development strategy, particularly in the non-auto insurance market, targeting areas such as engineering insurance, corporate property insurance, and liability insurance [2]. - The company has actively supported key national projects, providing insurance for major infrastructure developments, including highways and bridges, thereby contributing to the real economy [2]. - In 2024, Jianxin Insurance served nearly 1,200 technology-oriented enterprises, offering risk coverage of approximately 45 billion yuan [2]. - The company has also engaged in green finance, providing insurance for over 8,000 green insurance clients with coverage nearing 70 billion yuan [2]. Group 2: Steady Management and Profitability - Jianxin Insurance has maintained a steady growth in premium income, achieving a turnaround from loss to profit within five years of establishment [3]. - The company has improved its underwriting structure, reducing the combined cost ratio from 123% in 2020 to 103.3% in 2024, with a nearly 10 percentage point decrease in the combined expense ratio [3]. - In 2024, the company achieved a net profit exceeding 10 million yuan under new accounting standards, with net assets increasing by nearly 10 million yuan year-on-year [3]. Group 3: Cultural Leadership - Jianxin Insurance emphasizes the importance of integrity, prudence, and compliance in its operations, aligning with the principles of Chinese financial culture [4][5]. - The company actively participates in consumer education and promotes insurance knowledge to protect consumer rights [4]. - It has developed specialized insurance products for emerging industries, such as robotics and new energy vehicles, to support innovation and development [4]. Group 4: Commitment to Responsibility - Jianxin Insurance prioritizes efficient and transparent claims service, handling over 300,000 claims and disbursing over 400 million yuan in compensation in 2024 [6]. - The company has effectively responded to natural disasters, providing support to affected clients and aiding in the recovery of normal operations [6]. - In 2024, Jianxin Insurance ranked fourth in the industry for service quality and had the lowest complaint rate among regulatory transfers [6].
股权暗藏隐忧、偿债洪峰将至,林峰临危受命掌舵北部湾保险
Hua Xia Shi Bao· 2025-07-22 10:45
Core Viewpoint - The appointment of Lin Feng as the new chairman of Beibu Gulf Insurance reflects the strategic importance placed on the company by its shareholders, amidst various operational challenges such as slowing premium growth and high reliance on auto insurance [2][4]. Group 1: Company Overview - Beibu Gulf Insurance, established in 2013, is the first national insurance institution headquartered in Guangxi, with a focus on local economic development [3]. - As of the end of 2024, the company has established five primary branches in Guangxi, Guangdong, Guizhou, Sichuan, and Shenzhen, forming a core layout in Southwest China [3]. Group 2: Business Challenges - The company has faced a significant slowdown in growth since 2021, with premium income only slightly increasing by 2.9% to 3.84 billion yuan in 2024, failing to surpass the 4 billion yuan mark [3]. - The proportion of auto insurance has risen from 40.6% in 2022 to 48.9% in 2024, while agricultural insurance has decreased to 30%, indicating a severe imbalance in the product structure [3][4]. Group 3: Profitability Issues - Beibu Gulf Insurance experienced consecutive losses exceeding 100 million yuan from 2021 to 2022, but managed to turn a profit in 2023 with a net income of 45 million yuan, primarily due to improvements in underwriting and claims cost management [5]. - In 2024, the net profit is projected to be 61 million yuan, with auto insurance contributing 187 million yuan to underwriting profits [5]. Group 4: Strategic Focus - The company aims to adopt a specialized, differentiated development path, focusing on digital transformation, business model innovation, and regional economic services by 2025 [6]. - Key areas for digital investment include enhancing customer engagement through online platforms, improving precision in agricultural insurance underwriting, and developing products aligned with regional trade dynamics [6][7]. Group 5: Governance Concerns - Governance issues are highlighted by the pledging of shares by major shareholders, which may affect the stability of company governance and strategic execution [8][9]. - The company needs to strengthen its board governance mechanisms and ensure transparent communication with stakeholders to maintain strategic direction and operational stability [9][10]. Group 6: Capital and Risk Management - Beibu Gulf Insurance has not received capital injections for ten years, and upcoming redemption of capital supplement bonds could significantly impact its solvency ratio [10]. - The company’s current solvency ratio stands at 275%, but it faces challenges in risk management, as indicated by a low score in strategic risk management assessments [10].
监管亮剑“阴阳合同”,非车险“内卷”时代终结,谁将出局?
3 6 Ke· 2025-07-15 07:41
Regulatory Changes - The new regulation "Report and Practice Unified" aims to address issues such as commission rate chaos and "yin-yang contracts" in the non-auto insurance sector, which is expected to reshape the competitive landscape of the property insurance market [2][3] - The regulation mandates that the insurance terms and rates executed by companies must strictly align with the materials submitted to regulators, effectively eliminating inconsistent practices [3][4] Market Dynamics - The non-auto insurance sector has seen rapid growth, now accounting for a significant portion of the property insurance market, but has also been plagued by price wars and regulatory violations [3][4] - The implementation of the new regulation is anticipated to exacerbate the existing "80/20" market distribution, where a few large companies dominate the majority of profits [5][6] Impact on Companies - Major players like PICC Property and Casualty, Ping An Property & Casualty, and others have reported a combined net profit of 20.88 billion yuan in Q1 2025, capturing over 80% of the market's profits, indicating their strong market position [6] - Smaller companies, lacking competitive advantages, face increased survival challenges as they can no longer rely on aggressive commission strategies to gain market share [7][9] Challenges for Small Insurers - Many small insurers have historically engaged in practices like inflated commissions and aggressive underwriting, which are now unsustainable under the new regulations [8][10] - The experience from the life insurance sector suggests that small insurers may see a decline in premium growth and market share, leading to potential financial distress [9][10] Strategies for Survival - Some small insurers are exploring niche markets and specialized operations as a means to survive, with examples like Modern Insurance showing potential for growth in specific segments [15][17] - However, not all small insurers possess the necessary resources or capabilities to successfully pivot, leading to a potential wave of exits or acquisitions in the industry [20][21]
“另类”增资获批,锦泰保险将位仍空缺,寻求突围靠什么
Bei Jing Shang Bao· 2025-07-10 13:32
Core Viewpoint - The recent capital increase of Jintai Insurance through capital reserve conversion signals a shift in funding strategies among insurance companies, highlighting the need for self-sustaining growth amid market challenges [1][3][4]. Group 1: Capital Increase Details - Jintai Insurance's registered capital has been approved to increase from 2.379 billion to 3.188 billion yuan through capital reserve conversion, maintaining existing shareholder ratios [3][4]. - The company plans to convert part of its capital reserve formed from stock premium issuance and asset appreciation into registered capital, with a proposed share increase of 808 million shares [3][4]. - This method of capital increase does not involve external funding but rather adjusts the internal financial structure, which is simpler and suitable for short-term capital needs [4][5]. Group 2: Financial Performance and Management Challenges - Jintai Insurance has experienced a decline in net profit, from 78 million yuan in 2023 to 52 million yuan in 2024, primarily due to deferred tax impacts [6][8]. - The company has been without a general manager for two years, which may affect operational efficiency and strategic execution [6][7]. - The comprehensive cost ratio for Jintai Insurance reached 102.68% in Q1 2025, indicating that premium income is not covering expenses, which poses risks to its solvency [8][9]. Group 3: Market Position and Strategic Focus - Jintai Insurance is focusing on diversifying its product offerings, with non-auto insurance premiums now exceeding 50% of total premiums, driven by growth in health, liability, and accident insurance [10][11]. - The company aims to enhance its competitive edge by optimizing its business structure and leveraging technology for better risk management and operational efficiency [11][12]. - Jintai Insurance is committed to a differentiated development strategy, targeting specific market segments to capture untapped opportunities while maintaining compliance and internal controls [11][12].
金融半年观 保险业罚单6百余张!提供虚假材料是“重灾区”
Nan Fang Du Shi Bao· 2025-07-07 00:12
Core Viewpoint - The Chinese financial industry is undergoing significant reforms and innovations in the first half of 2025, with a focus on high-quality development across banking, insurance, securities, and consumer finance sectors [2] Group 1: Regulatory Environment - The insurance industry continues to face strict regulatory scrutiny, with a total of 645 penalties issued to insurance companies by June 30, 2025, amounting to nearly 116 million yuan [2][3] - The frequency of penalties is notably higher for property insurance companies, which received 358 penalties (55.5% of total), compared to life insurance companies with 282 penalties (43.7%) and only 5 for pension insurance companies [3] - The most common violation is the provision of false materials, accounting for 280 penalties, followed by insurance business violations with 274 penalties [4] Group 2: Types of Violations - Violations include the use of unapproved insurance terms and rates, fictitious insurance intermediary businesses, and misleading advertising practices [5] - The insurance industry has seen a rise in severe penalties, including two penalties exceeding 10 million yuan in the first half of 2025, both against property insurance companies [3] Group 3: Regional Penalties - Penalties are widespread across various provinces, with Guangdong, Shandong, and Jiangsu leading in the number of penalties issued, reflecting the competitive nature of their insurance markets [6] - Some regions with less developed insurance markets have fewer penalties, but serious violations still occur [6] Group 4: Accountability Measures - The regulatory framework emphasizes personal accountability, with 216 penalties issued that target both companies and responsible individuals, including lifetime bans for 12 individuals [7] - Recent cases highlight severe penalties for companies like Tianan Insurance, where multiple executives faced significant repercussions for governance failures and providing false reports [7] Group 5: Strengthening Regulatory Framework - The regulatory system is being enhanced, with new mechanisms for administrative penalties and a focus on standardizing punishment for violations [8] - The implementation of the Insurance Company Regulatory Rating Method aims to assess various risk factors comprehensively, ensuring a more accurate reflection of companies' risk levels [9]