35 billion inches increased by 6.
A-share listed insurers achieved 5,284 original premium income in one month.
35 billion inches increased by 6.
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Original title: A-share listed insurance companies realized original premium income of 5284 in one month.
35 trillion USD growth6.
42% Recently, the five major A-share listed insurers China Life, China Pacific Insurance, PICC, Ping An of China, and Xinhua Insurance successively disclosed their premium income announcements in January this year.
According to statistics, the five insurance companies in January this year achieved a total of 5,284 original premium income.
3.5 billion US dollars, an annual increase of 6.
42%, the growth rate declines by 7 every year.
From the perspective of income scale, in the original premium income ranking in January, China Life surpassed Ping An of China to become the first, and the remaining four were Ping An of China, PICC, CPIC and Xinhua Insurance.
Specifically, China Life achieved RMB 193.5 billion in original premium income in January this year; China Ping An achieved RMB 1427.
5.6 billion yuan; PICC achieved 918.
5.7 billion yuan; CPIC achieved 696.
17 trillion; Xinhua Insurance achieved 307.
Five A-share listed insurance companies’ one-month original premium income growth rate table (Unit: megabytes) Data source: Insurance companies announced From the perspective of premium income growth, the five listed insurance companies were differentiated, and Xinhua Insurance increased by 54.
07% performance is leading the way, while the company’s growth in the same period of 2019 is only 6.
93%; the remaining four insurance companies, China Life ranked second, with an annual increase of 22.
62%; China Pacific Insurance ranked third, exceeding growth by 3.
86%; and the PICC and Ping An of China experienced a rare negative growth in the premium income growth rate of -3 respectively.
In a research report released on February 23, Haitong Securities pointed out that the overall premium growth rate of the five major insurance companies in January was due to the impact of the new coronary pneumonia epidemic on the company’s industry and staffing, resulting in pressure on new single premiums.
But in the long run, the epidemic is expected to increase public awareness of insurance and drive growth in guaranteed premiums.
According to Haitong Securities analysis, Xinhua Insurance ‘s one-month single month premium increased significantly because the company ‘s bancassurance products “steady profit” and “Flulujia” contributed considerable premium scale.The growth rate of employees in the first half of the year is leading in the industry. The manpower scale during the opening period has significantly increased compared with last year, and the growth rate of new orders has been considerable.Sufficiently, before the outbreak of the New Crown epidemic, a certain scale of “opening door” has been completed, and the insurance structure has continued to improve. In 2020, the growth of manpower and new insurance premiums are better than their peers.
Regarding the reasons behind the decline in the growth rate of Ping An of China and PICC, Huatai Securities said in a research report released on February 23 that in the fourth quarter of 2019, some companies will still focus on end-of-line business.12The “starter” sales started only a month after the epidemic raged, resulting in weaker growth than its peers.
But at least coupled with the impact of the epidemic situation gradually subsided, the sales rhythm in the second quarter tried to return to normal levels.
Five A-share listed life insurance companies’ original premium income statement in January (Unit: megabytes) Data source: Insurance companies announced that in terms of life insurance business, China Life ‘s “leading position” remained unchanged, and the original premiums were achieved in January this yearRevenue of 193.5 billion US dollars, an increase of 22 per year.
62%; Ping An Life achieved 1,045 original premium income in January.
8.8 billion, down 13 each year.
74%, the decline was attenuated; CPIC Life achieved an original premium income of 519 in one month.
$ 5.3 billion, a slight increase of 0 each year.
6%; PICC Life Insurance realized original premium income of 344 in one month.
6.3 billion, down 6 every year.
77%, also experienced a rare negative growth; Xinhua Insurance achieved an original premium income of 307 in January.
5.0 billion, an annual increase of 54.
07%, the largest increase, while the same period in 2019 increased only 54.
Five A-share listed insurers’ original premium income statement in January (Unit: 100 million yuan) Source of data: Insurance companies announced From the perspective of property and casualty insurance, PICC P & C had achieved an original premium income of 525 in one month.
07 million US dollars is in the leading position, but the growth rate is declining, which decreases by 3 every year.
33%; Ping An Property & Casualty achieved RMB349 premium income in January.
2 billion, an annual increase of 7.
24%; CPIC Property & Casualty achieved an original premium income of 176 in one month.
6.4 billion, an annual increase of 14.
Huatai Securities analyzed in the research report that the continued downturn in new car sales and the dual impact of epidemic factors led to rapid changes in the growth rate of auto insurance business, but the reduction in travel frequency translated into a reduction in risk probability, which led to the gradual increase and improvement of the cost rate;The overall performance of the non-auto insurance business is also relatively weaker than the same period last year, mainly due 西安桑拿网 to the weakening of demand for travel-related travel insurance, accident insurance and policy insurance, and delay in the pace of insurance.
In addition, PICC Health realized the original premium income of 48 in January this year.
8.8 billion, an annual increase of 23.
06%; Ping An Health realized the original premium income of 12 in January this year.
75 trillion US dollars, an annual increase of 72.
Among the top five A-share listed insurers, the only one pension insurance subsidiary, Ping An Pension, realized its original premium income in January this year.
9.1 billion, down 1 year.