General Insurance Settlement Interest Rates Set to Fall, Impact on Insurance Industry
General insurance settlement interest rates are expected to fall. The reporter learned from many aspects that many insurance companies have received notices from regulatory authorities that starting from January 2024, the general insurance settlement interest rate will be adjusted to no more than 4%, and can be reduced to 3.8% in June. The disposal agency […]
Industry Insight: Impact of Decreasing General Insurance Settlement Interest Rates
Recently, many insurance companies have proposed to reduce the interest rates of the general insurance settlement, triggering heated discussions. Industry insiders interviewed by reporters from China Securities Journal said that the decline in general insurance settlement interest rates is related to factors such as the decline in market interest rates and pressure on the investment […]
Insurance Companies in Taiwan Suspend Sales as Financial Supervisory Commission Announces Pay-as-You-Go Medical Insurance Reform
The Financial Supervisory Commission plans to reform pay-as-you-go medical insurance, setting off a buying spree. Following Prudential Life’s sales suspension on the 28th, Taiwan Life, Global Life, and Farglory Life also announced today that they will stop selling products with pay-as-you-go clauses starting on the 30th. There are a total of 4 operators has stopped […]
Development Financial Holdings (2883) Announces Self-Financing Profit for October – Reaches 1.272 Billion Yuan
Development Financial Holdings Reports Self-Financing Profit for October Development Financial Holdings (2883) announced its self-financing profit for October today, with a profit after tax of 1.272 billion yuan. This represents a 40% decrease from the previous month, but a significant annual increase of 4.6 times. The cumulative after-tax profit for the first ten months of […]
Stock Markets Rebound as Finance Sector and Artificial Intelligence Rise Together
Daily K-line Chart Sector Index Concept Data Element by Zhang Dawei On August 22, the turnover of the Shanghai and Shenzhen stock markets exceeded 800 billion yuan, and the Shanghai stock index climbed to 3,100 points. The concept of data elements dominated the market, with computer power, Xinchuan, and cloud computing being the active concepts. […]
