智通财经APP获悉，摩根士丹利发布研报称，所覆盖保险公司第三季公布亮眼净利润及寿险销售增长，友邦保险(01299)与中国平安(02318)业绩双双胜预期。该行对保险业全年业绩维持正面看法，并视明年开门红销售为需密切监测的关键驱动因素。
该行指，受惠股市改善及股权配置比例提高，所有主要业者在高基数下实现非凡季度盈利增长，但已大致被预期，因多数险企已发盈喜。年化总投资收益率全数超过6%;年化净投资收益率下滑至约3.5%。账面值趋势令人鼓舞，中国平安与中国太保(02601)季度分别录得9%及8%税后经营溢利增长。但行业资本水平下滑，受风险折现率持续下调及股权风险敞口增加影响，资本状况仍维持相对满意水平。
该行又指，季度寿险销售保持强劲，受惠银保销售增长高企及保险公司定价利率下调前的需求推动。多数业者实现年化保费收入与利润率双提升，新业务价值增长加速，且代理人力趋稳、业务质量持续改善及分红型产品占比增加。财险与灾难险首三季呈现广泛改善，大部分险商综合成本率亦下降0.5至2.1个百分点至96.1%至97.6%健康水平。
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