【招商非银】中国财险25Q1:承保及投资超预期,利润大幅增长

莲花山士丹利金...
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公司披露2025年一季报,实现净利润113.12亿,同比+92.7%;综合成本率94.5%,同比-3.4pt;未年化总投资收益率1.2%,同比+0.4pt。保险服务业绩和投资业绩双轮驱动下,一季度利润高增。25Q1公司实现净利润113.12亿,同比+92.7%。1)从承保端来看,一季度保险服务收入为1207.41亿,同比+6.1%保持稳健增长;公司持续优化费用投入,加之大灾损失同比减少,综合成本率...

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