[New post] CIMB: Ping An Insurance

alanyeo posted: " Life's troubles hurt strength elsewhere■ Life was the clear weak spot. 2Q21 NBV fell 42% yoy (1Q21:+15%) (Fig 1).2Q21 agent numbers fell 11% qoq (1Q21: -4%) (Fig 2).■ P&C insurance's combined ratio was a bright spot, with its 2.2%-ptimprovement in 1H" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Ping An Insurance by alanyeo Life's troubles hurt strength elsewhere■ Life was the clear weak spot. 2Q21 NBV fell 42% yoy (1Q21:+15%) (Fig 1).2Q21 agent numbers fell 11% qoq (1Q21: -4%) (Fig 2).■ P&C insurance's combined ratio was a bright spot, with its 2.2%-ptimprovement in 1H21 driven by guarantee insurance.■ Banking, technology and asset management were also solid.■ Reiterate Add […] Read more of this post alanyeo | August 27, 2021 at 1:57 pm | Tags: Ping An Insurance | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3le Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/27/cimb-ping-an-insurance/ Thanks for flying with WordPress.com