Fangzheng Securities believes that the future of the insuran...

Fangzheng Securities believes that the future of the insurance industry is clear, and demand for individual insurance and banking insurance channel products will continue to expand. The company's high-quality income and payout ratio in the financial insurance sector are expected to improve. A recovery in investment and stable interest rates will ease the pressure on insurers to reallocate their assets. However, risks include market fluctuations, credit risk, weak sales of new products, declining long-term interest rates, and loss of agents.