Hong Kong_China Insurance_ What's next after insurers' 1H24 results_
ray dalio·2024-09-26 16:38
M Idea Hong Kong/China Insurance | Asia Pacific September 22, 2024 09:00 PM GMT What's next after insurers' 1H24 results? Better equity performance helped 1H24 earnings beat. Life business quality improved due to strengthened regulation, and P&C business remained healthy. VNB growth could still be healthy, but 3Q earnings might face some pressure on equity market trends. We maintain our Attractive industry view. We are pleased with insurers' 1H results, with improved business quality, especially for life na ...