Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?
随机图片

天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?

更新时间: 浏览次数: 266

400电话:123456(点击咨询)
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各观看免费《今日汇总》
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各热线观看免费2025已更新(2025已更新)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各区点热线观看免费《今日发布》
Random Image 天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?电话








7天观看免费人工电话为您、天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各观看免费《今日汇总》2025已更新(今日/推荐)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?电话区域:








定西市(陇西县、漳县、安定区、渭源县、临洮县、通渭县、岷县)








伊犁哈萨克自治州(察布查尔锡伯自治县、新源县、尼勒克县、特克斯县、巩留县、霍城县、昭苏县、伊宁县、霍尔果斯市、伊宁市、奎屯市)








深圳市(宝安区、光明区、龙华区、南山区、福田区、坪山区、盐田区、罗湖区、龙岗区)








晋城市(城区、泽州县、高平市、沁水县、阳城县、陵川县)  昆明市(盘龙区、寻甸回族彝族自治县、嵩明县、富民县、禄劝彝族苗族自治县、东川区、呈贡区、西山区、晋宁区、石林彝族自治县、安宁市、官渡区、五华区、宜良县)








随州市(随县、广水市、曾都区)








铜仁市(碧江区、江口县、思南县、万山区、玉屏侗族自治县、松桃苗族自治县、德江县、石阡县、印江土家族苗族自治县、沿河土家族自治县)








金华市(义乌市、浦江县、兰溪市、永康市、武义县、金东区、东阳市、磐安县、婺城区)鹤壁市(淇滨区、山城区、淇县、浚县、鹤山区)








楚雄彝族自治州(牟定县、武定县、楚雄市、元谋县、姚安县、永仁县、南华县、双柏县、大姚县、禄丰市)  保山市(施甸县、昌宁县、龙陵县、隆阳区、腾冲市)








兰州市(皋兰县、安宁区、城关区、七里河区、榆中县、红古区、永登县、西固区)








天水市(甘谷县、麦积区、清水县、张家川回族自治县、秦安县、武山县、秦州区)








广西壮族自治区








朔州市(右玉县、应县、平鲁区、朔城区、山阴县、怀仁市)








新疆维吾尔自治区








澳门特别行政区








玉溪市(元江哈尼族彝族傣族自治县、华宁县、江川区、易门县、通海县、峨山彝族自治县、澄江市、红塔区、新平彝族傣族自治县)








百色市(田林县、乐业县、凌云县、田阳区、平果市、田东县、靖西市、那坡县、德保县、西林县、隆林各族自治县、右江区)








固原市(隆德县、原州区、彭阳县、西吉县、泾源县)








克孜勒苏柯尔克孜自治州(阿图什市、乌恰县、阿合奇县、阿克陶县)








巴中市(南江县、平昌县、通江县、巴州区、恩阳区)








盘锦市(大洼区、盘山县、双台子区、兴隆台区)








昌都市(左贡县、类乌齐县、边坝县、八宿县、察雅县、芒康县、贡觉县、江达县、卡若区、洛隆县、丁青县)








大连市(旅顺口区、长海县、中山区、金州区、瓦房店市、甘井子区、西岗区、庄河市、沙河口区、普兰店区)








果洛藏族自治州(班玛县、玛沁县、玛多县、甘德县、达日县、久治县)








海南藏族自治州(贵南县、兴海县、同德县、贵德县、共和县)








甘孜藏族自治州(色达县、德格县、得荣县、乡城县、甘孜县、雅江县、九龙县、巴塘县、石渠县、道孚县、理塘县、稻城县、泸定县、丹巴县、新龙县、炉霍县、康定市、白玉县)








三门峡市(湖滨区、灵宝市、渑池县、义马市、陕州区、卢氏县)








黄南藏族自治州(同仁市、尖扎县、河南蒙古族自治县、泽库县)
400电话:123456(点击咨询)
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各观看免费《今日汇总》《今日发布》
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各观看免费《今日汇总》(2025已更新)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?各观看免费《今日汇总》【2025已更新列表】
天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?电话








7天观看免费人工电话为您、天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?中心2025已更新(今日/推荐)








天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?电话区域:








黄山市(休宁县、屯溪区、徽州区、黄山区、黟县、祁门县、歙县)








连云港市(连云区、灌云县、灌南县、东海县、赣榆区、海州区)








黄石市(西塞山区、阳新县、铁山区、大冶市、黄石港区、下陆区)








景德镇市(昌江区、浮梁县、乐平市、珠山区)  阳江市(阳春市、江城区、阳东区、阳西县)








延边朝鲜族自治州(龙井市、和龙市、安图县、珲春市、图们市、汪清县、敦化市、延吉市)








福州市(闽清县、闽侯县、连江县、台江区、永泰县、福清市、鼓楼区、平潭县、马尾区、仓山区、晋安区、长乐区、罗源县)








上海市(徐汇区、嘉定区、普陀区、松江区、黄浦区、长宁区、虹口区、宝山区、闵行区、杨浦区、浦东新区、崇明区、金山区、青浦区、奉贤区、静安区)朝阳市(喀喇沁左翼蒙古族自治县、朝阳县、双塔区、建平县、北票市、龙城区、凌源市)








萍乡市(芦溪县、莲花县、上栗县、湘东区、安源区)  常州市(金坛区、新北区、武进区、天宁区、钟楼区、溧阳市)








通辽市(扎鲁特旗、科尔沁左翼中旗、库伦旗、开鲁县、霍林郭勒市、科尔沁区、科尔沁左翼后旗、奈曼旗)








滨州市(阳信县、沾化区、邹平市、无棣县、惠民县、博兴县、滨城区)








成都市(温江区、金牛区、都江堰市、武侯区、成华区、青白江区、新都区、崇州市、青羊区、双流区、龙泉驿区、新津区、大邑县、郫都区、简阳市、蒲江县、金堂县、彭州市、邛崃市、锦江区)黑河市(逊克县、北安市、孙吴县、五大连池市、嫩江市、爱辉区)








凉山彝族自治州(宁南县、越西县、会东县、冕宁县、德昌县、喜德县、布拖县、甘洛县、盐源县、美姑县、雷波县、金阳县、昭觉县、木里藏族自治县、普格县、西昌市、会理市)








昌吉回族自治州(呼图壁县、吉木萨尔县、阜康市、奇台县、玛纳斯县、昌吉市、木垒哈萨克自治县)








喀什地区(疏附县、泽普县、麦盖提县、塔什库尔干塔吉克自治县、伽师县、叶城县、英吉沙县、喀什市、莎车县、巴楚县、岳普湖县、疏勒县)








甘南藏族自治州(舟曲县、迭部县、玛曲县、碌曲县、卓尼县、合作市、临潭县、夏河县)








宝鸡市(岐山县、太白县、凤翔区、麟游县、千阳县、陇县、金台区、扶风县、渭滨区、陈仓区、眉县、凤县)








宣城市(宁国市、泾县、郎溪县、绩溪县、宣州区、旌德县、广德市)








保定市(徐水区、雄县、涞水县、容城县、阜平县、满城区、涞源县、涿州市、清苑区、定兴县、唐县、安新县、顺平县、高阳县、莲池区、定州市、望都县、竞秀区、安国市、曲阳县、易县、高碑店市、博野县、蠡县)








威海市(环翠区、乳山市、文登区、荣成市)








梅州市(平远县、大埔县、梅江区、五华县、丰顺县、蕉岭县、梅县区、兴宁市)








郑州市(二七区、中原区、新密市、惠济区、巩义市、上街区、新郑市、中牟县、荥阳市、金水区、管城回族区、登封市)








大理白族自治州(宾川县、南涧彝族自治县、大理市、剑川县、漾濞彝族自治县、云龙县、洱源县、祥云县、鹤庆县、弥渡县、永平县、巍山彝族回族自治县)








海东市(互助土族自治县、民和回族土族自治县、平安区、循化撒拉族自治县、乐都区、化隆回族自治县)








株洲市(芦淞区、石峰区、攸县、茶陵县、醴陵市、荷塘区、天元区、渌口区、炎陵县)








肇庆市(高要区、鼎湖区、广宁县、怀集县、四会市、德庆县、封开县、端州区)








东营市(利津县、河口区、垦利区、东营区、广饶县)








淮南市(大通区、潘集区、田家庵区、谢家集区、凤台县、八公山区、寿县)

  在2024年取得史上最佳的盈利之后,上市险企今年一季度的经营业绩表现如何,市场倍加关注。

  近日,中国人保发布业绩预喜公告称,承保业绩较快增长,投资业绩大幅提升。研究机构普遍预计,头部财险公司承保业绩显著改善,不过寿险公司的经营业绩或有一定分化,新单保费增减不一,权益投资收益将成利润的胜负手。

  财险净利增长获双重驱动

  中国人保在率先发布的业绩公告中称,预计集团一季度实现归母净利润为116.52亿~134.45亿元,同比增长30%~50%。

  根据公告,中国人保业绩增长主要得益于承保和投资两端。在保险端,该集团不断优化业务结构、提升业务质量,承保业绩较快增长;在投资端,该集团落实中长期资金入市要求,不断优化行业配置结构,进一步提升资产配置的稳定性、灵活性及前瞻性,投资业绩大幅提升。

  中国人保财险子公司人保财险也在港股市场公告,预计一季度净利润将同比增加80%~100%。

  人保财险解释称,公司优化费用投入,改善业务结构,推进风险减量服务,加之大灾损失同比减少,承保利润同比增幅较大。同时,在保持流动性安全边际的基础上,公司适度增配具有长期价值的优质权益类资产。受益于一季度资本市场整体回暖,公司配置结构的优化放大了市场上涨的正向效应,总投资收益同比增幅较大。

  目前,暂无其他上市险企预披露业绩的情况。民生证券非银团队预计,一季度寿险利润或会有所分化,财险有望继续稳健增长。在保险公司资产端,一季度长端利率下行趋势明显,权益投资表现或成胜负手。

  该团队认为,保险资产端的短期压力更多来自于当期新增保费的配置,但是需要关注到头部险企存量配置的厚度,前期配置的长久期、相对高收益的债券品种以及近年来逐渐增强的高股息股票配置所贡献的股息,有望支撑净投资收益。3月以来,以10年期国债为代表的长端利率波动加大且有所回调,以配置盘为主的险资有望积极把握利率回升的机会,进行“相对高点”的择机配置,并利用波动积极进行交易以增厚固收的收益。

  另有行业人士向证券时报记者表示,去年一季度上市险企的盈利普遍下滑,基数较小,客观上也会助推其今年一季度盈利的同比表现。

  财险承保效益显著改善

  财险板块超预期的承保效益,成为中国人保业绩增长的主因之一。对于头部财险公司一季度的承保业绩,机构研报也表示看好。

  人保财险总裁于泽在3月份举行的业绩发布会上表示,今年公司的车险综合成本率力争达到96%以内,非车险承保盈利希望比2024年明显改善,成本率力争达到99%左右。他还透露,1~2月,人保财险的车险综合成本率在93%多一点的水平,全险种的综合成本率低于94%。

  国泰海通非银团队分析,一季度上市险企财险保费增长缓慢,其中车险保费主要受承保车辆增长驱动,车均保费有所企稳;经济复苏预期下,非车业务需求仍然旺盛。得益于外部巨灾赔付影响减少以及内部降赔控费初步显效,预计头部财险公司综合成本率将显著改善。

  东吴证券非银团队也预计,财险公司综合成本率同比明显改善,这有外部环境和内部驱动的多重原因。从外部看,一季度大灾较少利好财险公司降低赔付。据国家应急管理部数据,2025年一季度国内重大自然灾害损失同比明显减少,将利好财险公司赔付支出的下降。从内部看,人保财险持续优化业务结构,持续推动风险减量与降本增效。近年来,人保财险持续优化业务结构,大力拓展家庭自用车新车市场份额,加速布局个人非车业务,改善法人业务结构。同时,建立全面降本增效机制,积极推行“报行合一”,预计2025年有望持续显效。

  新业务价值或将表现平稳

  寿险公司方面,机构研报普遍预计,一季度业务指标存在一定分化。

  目前,在A股五大上市险企中,中国人保、中国人寿和中国平安已不再披露月度保费,另外两家险企方面,寿险公司一季度保费均有较好增长。其中,中国太保原保险保费收入1002.15亿元,同比增长9.3%;新华保险原保险保费收入732.18亿元,同比增长28%。

  民生证券非银团队认为,上市寿险总保费收入或有所分化,总保费收入需要综合考虑新单和续期的影响。续期方面,由于有历年同期期交保单的支撑,预计各大上市险企续期保费仍将保持较快增长,新单保费则由于产品切换及去年预定利率的调整或有所承压。从基数方面来看,中国人寿2024年1~3月的基数相对较高,太保寿险、新华保险和人保寿险的基数较低,预计新华保险、太保寿险和人保寿险今年一季度总保费将保持较快增长。

  在寿险公司重视的新业务价值(NBV)方面,机构研报认为将表现平稳。

  国泰海通非银团队预计,寿险NBV回归平稳增长。一季度,上市险企个险新业务增长整体承压,主要受前期客需消耗过多、产品策略转向分红险,而短期客户接受程度不及预期以及强化费用管控导致,预计银保等多元化渠道将为NBV增长带来重要贡献。同时,负债成本压降利好利差损风险改善。

新闻结尾 天堂在线天堂新版:当爱情与冒险交织,谁能抵挡这份诱惑?的相关文章
五一前国内多地现2折机票
吴磊北影节红毯造型领结黑西装
《无忧渡》宋祖儿演技封神
CBA季后赛辽篮横扫新疆晋级
余华和董宇辉直播聊AI
观众要坐刘亦菲副驾 刘亦菲一口答应
  • 友情链接:
  • 朱一龙倪妮撑一把伞好养眼 外交部驳斥美国诬蔑中国卫星公司 男子涉嫌强奸女技师案双方发声

    查看更多评价 ∨