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Surpassing offline channels for the first time! Online platforms become the primary entry point for purchasing insurance from traditional insurers, with over 40% of internet insurance consumers using AI to compare products.
①In 2025, online channels of traditional insurance companies accounted for 63% of the purchase channels for internet insurance consumers' active policies, surpassing offline channels for the first time to become the primary entry point for insurance purchases. ②In 2025, 16% of consumers used AI large models or related apps to inquire about insurance information, representing a year-on-year increase of 60%.
People's Insurance Co (Group) of China (PINXF) Gets a Buy From Guotai Haitong
Founder Securities: The liability side of the insurance sector maintained steady growth in 1Q26, with investment yields expected to stabilize and rebound.
In the medium to long term, the risk of interest rate differentials will ease, the market's slow bull trend will continue, and the RMB appreciation trend will persist, driving insurance companies' valuations toward a reasonable 1x PEV.
PICC Group (01339.HK) received an increase of 769,100 H shares from JPMorgan, valued at approximately HKD 4.0977 million.
According to a report on May 7, based on a document disclosed by the Hong Kong Stock Exchange on May 7, JPMorgan increased its holdings of 769,100 H-shares of PICC Property & Casualty (01339.HK) through on-exchange purchases at an average price of HKD 5.3277 per share and off-exchange purchases at an average price of HKD 5.3289 per share, with a total value of approximately HKD 4.0977 million. After the increase in holdings, JPMorgan's total number of shares held reached 786 million, and its long position ratio rose from 8.99% to 9.00%. Image source: Stock Exchange Equity Disclosure. What is equity disclosure?
Performance of 35 insurance asset management companies released: 22 saw increases in both revenue and net profit, while 8 including United Assets and Huaan Assets experienced a year-on-year decline in growth rate.
① The ranking of the leading group has changed again, with Ping An Assets' revenue returning to third place in the market; ② The net profits of Guo Shou Assets, Tai Kang Assets, and Ping An Assets all exceeded 3 billion yuan, ranking among the top three in the market; ③ The revenue and net profit of He Zhong Assets, Hua An Assets, and six other companies both declined in 2025; ④ After three consecutive years of deferred disclosure, Hua Xia Jiu Ying, as a subsidiary of Rui Zhong Ren Life, disclosed its 2025 annual report for the first time.
Multiple insurance companies have activated major emergency response mechanisms to address the Liuyang fireworks factory explosion accident, with ongoing claims being paid for liability insurance, auto insurance, and more.
Major insurance companies, including PICC, China Life, Ping An, Xinhua Insurance, Sunshine Insurance, Taikang Insurance, and Dadi Insurance, have activated emergency response mechanisms to deploy emergency handling, client verification, urgent rescue, and claims services.