20230927_华创证券_保险行业深度研究报告：寿险渠道转型持续兑现产险景气度维持_33页.pdf-资源下载-

报告吧 > 资源分类 > PDF文档下载

阅读全文

20230927_华创证券_保险行业深度研究报告：寿险渠道转型持续兑现产险景气度维持_33页.pdf

资源ID：174213 资源大小：1.88MB 全文页数：33页
资源格式： PDF 下载积分：9.9金币【人民币9.9元】

快捷下载

会员登录下载

三方登录下载：

下载资源需要9.9金币【人民币9.9元】

邮箱/手机：
温馨提示：	用户名和密码都是您填写的邮箱或者手机号，方便查询和重复下载（系统自动生成）
支付说明：	本站最低充值10金币，下载本资源后余额将会存入您的账户，您可在我的个人中心查看。
支付方式：
验证码：	换一换

加入VIP,下载共享资源

友情提示

1、下载资料失败解决办法

2、PDF文件下载后，可能会被浏览器默认打开，此种情况可以点击浏览器菜单，保存网页到桌面，既可以正常下载了。

3、本站不支持迅雷下载，请使用电脑自带的IE浏览器，或者360浏览器、谷歌浏览器下载即可。

4、本站资源下载后的文档和图纸-无水印,预览文档经过压缩，下载后原文更清晰。

5、试题试卷类文档，如果标题没有明确说明有答案则都视为没有答案，请知晓。

网站客服

侵权投诉

20230927_华创证券_保险行业深度研究报告：寿险渠道转型持续兑现产险景气度维持_33页.pdf

2009 1210 2023 09 27 2.73+12.1%2.33+13.8%NBV NBV+19.9%+32.6%+31.5%+17.1%13 14 25 26 2023H1 66-1.0%37-16.0%22-21.5%17-13.2%+2023 2023H1 28.25+174.7%13.81+305.0%6.99+202.6%10.52+331.1%8778+9.3%+8.8%+5.0%+13.2%COR 2023 2023 COR 2023 9 26 9.29%300 13.91pct/+24.04%/+19.54%/+15.90%/+3.32%/+0.38%28.65pct/24.15pct/20.52pct/7.94pct/4.99pct 021-20572556 S0360518060005%()6 0.00()26,189.62 2.91()18,061.03 2.60%1M 6M 12M 3.4%10.8%25.1%3.8%19.1%28.9%2023-09-12 2023-08-06 2023-07-30-12%5%21%37%22/09 22/12 23/02 23/05 23/07 23/092022-09-272023-09-26 300 2009 1210 2 23H2+PEV 1.29 0.80 x 0.59x 0.52x 0.44x H EPS PE PB 2023E 2024E 2025E 2023E 2024E 2025E 2023E 37.26 1.35 1.49 1.61 27.59 24.99 23.16 2.34 37.31 4.44 5.60 6.37 8.39 6.66 5.85 1.00 29.31 3.13 3.75 4.21 9.38 7.81 6.96 0.94 48.56 7.52 8.87 10.21 6.46 5.47 4.76 0.80 6.05 0.74 0.82 0.91 8.20 7.35 6.66 1.01 Wind 2023 9 26 1ZDWwPrMoNmNsMmPrMtMqR9PcM7NmOoOnPmPiNmMxOiNoMwO6MrQoOuOrQzQuOsQqN 2009 1210 2023 2023 3.0 23 23 2023 NBV 2023 3.0%23H2+2009 1210 4 2023.7 NBV.8.8.9.13.14.15.19 ROEV.21 2023.24 2023.24.25.27.28.30 2009 1210 5 1 2023.7 2.8 3.8 4.9 5.9 6.9 7.10 8 NBV.10 9.11 10.11 11.11 12.11 13.11 14.11 15.12 16.12 17.13 18.13 19.13 20.13 21.14 22 FYP FYP.14 23.14 24.14 25.15 26.15 27.15 28.15 29.16 30.16 31.16 32.16 33.16 2009 1210 6 34.17 35.17 36.17 37.17 38.18 39.18 40.18 41.18 42.18 43.18 44 2023H1.19 45 2023H1 300.19 46.20 47.20 48.21 49 EV.21 50 ROEV.21 51.22 52.22 53.23 54.23 55 2023 2023/9/26.24 56.26 57.26 58.26 59.26 60 2023 1-7.27 61 2023 7-8.27 62.27 63.28 64.28 65.28 66.28 67 PEV 2023/09/26.30 2009 1210 7 2023 1 2023/%698 162 183 100 199 yoy%-1.2-8.0-8.7 8.6 8.7 820/215/yoy%-5.0/2.5/9181 4494 2430 1123 2418%5.6 3.0 6.4 9.1 9.1 14929/5371/%4.9/3.4/9246 13117 4141 2665 1103%5.7 6.6 4.0 4.3 6.3 8175 8424 3290 1714/%-0.1 2.8 0.8-2.3/1139 1712 223 363 695 yoy%49.6 22.9 17.0 12.1 14.1 260 309 74 25 38 yoy%32.6 19.9 31.5 17.1 63.8 22.8 18.0 13.4 6.8 25.6 yoy pct-2.9-0.4 2.7 0.3 9.3 3.5 3.8 2.0 3.4 4.4 yoy pct-0.4-0.4-0.1-1.2-0.2 3.4 3.4 2.0 3.7 4.9 yoy pct 0.4-0.8-0.1-0.5-0.4 4.1 4.23 2.1/yoy pct 0.7 0.0 0.6/37.4 66.1 21.9 17.1 7.9%-16.0-1.0-21.5-13.2-18.8 98.0/97.9/96.4 yoy pct 0.7/0.6/0.1 70.6/70.4/yoy pct 1.5/0.7/27.4/27.5/yoy pct-0.8/0.0/2009 1210 8 NBV 2.73+12.1%+8.7pct 2.33+13.8%+10.3pct 3970+4.9%-4.9pct 80-45.6%16.1pct 85.2%+1.3pct 1.87+16.9%4350+4.0%256-11.1%22 80.2%18.7%1.1%+2.1pct-1.8pct-0.3pct 4702+6.9%3057+8.3%1551+4.1%1079+5.1%4 10389+7.2%13.8%4 44.6%-3.0pct-1.2pct 2023H1-1.3pct 20.2%-0.7pct 13.1%-0.6pct 6.7%-0.4pct 4.6%2 3*-30%-20%-10%0%10%20%30%40%0500010000150002000025000300002019H1 2020H1 2021H1 2022H1 2023H1 yoy-yoy-yoy-40%-30%-20%-10%0%10%20%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-yoy-2009 1210 9 4 5*+22.9%+18.8pct+57.9%+65.5pct+29.0%+3.4pct+12.1%+15.8pct NBV-0.4pct 18.0%-0.7pct 22.8%+2.7pct 13.4%+0.3pct 6.8%NBV NBV+19.9%+32.6%+31.5%+17.1%13 14 25 26 6 79.8%78.2%77.4%78.1%80.2%0%10%20%30%40%50%60%70%80%90%100%2019H1 2020H1 2021H1 2022H1 2023H1-10%-5%0%5%10%15%20%25%30%35%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-yoy-yoy-yoy-50%-30%-10%10%30%50%70%90%110%130%150%0200400600800100012001400160018002019H1 2020H1 2021H1 2022H1 2023H1 yoy-yoy-yoy-yoy-2009 1210 10 7 8 NBV*-margin=/3 margin 2023H1 1712+22.9%+18.8pct 309+19.9%+33.9pct 18.0%-0.4pct 274+13.3%29.8pct 1 2023H1 67.4%+7.4pct 27.8%-6.6pct 4.8%-0.8pct 2023H1+38.1%+25.8pct 2 974.18+22.0%389.57+28.9%+2.13pct 737.95+24.0%2989.02-0.6%3 896+14.2%364+115.5%-4.6%+6.9%+16.2%+15.8pct+116.8%+77.5pct NBV 2023H1 1389+57.9%+65.5pct 260+32.6%+61.1pct 22.8%-2.9pct+43.0%213.03+2.1pct 42.7%1 2023H1 966.33+49.8%+5.8pct 25.4%807.01+53.4%+5.2pct 21.2%3.3/3.2/3.2pct+”2023H1 1600 70%47 6.5 50%2+62.4%5.0pct 63.8%2.1pct 42.7%+120.7%4.1pct 12.6%9.2pct 27.7%+10.0%5.9pct 16.3%0%5%10%15%20%25%30%35%40%45%50%2019H1 2020H1 2021H1 2022H1 2023H1-50%-40%-30%-20%-10%0%10%20%30%40%50%0501001502002503003504004502019H1 2020H1 2021H1 2022H1 2023H1 yoy-yoy-yoy-yoy-2009 1210 11 9 10*11 12*13 14 352 2023H1 556+29.0%+3.4pct 74+31.5%+76.6pct 13.4%-2.7pct 59.40-10%-5%0%5%10%15%20%25%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-20%-10%0%10%20%30%40%50%60%70%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-0%10%20%30%40%50%60%70%80%90%100%2019H1 2020H1 2021H1 2022H1 2023H1-20%-10%0%10%20%30%40%50%2019H1 2020H1 2021H1 2022H1 2023H1 36.1%25.0%14.6%12.1%8.8%16.5%17.1%16.4%16.0%21.2%16.3%17.4%18.3%19.6%25.4%14.8%16.7%18.6%18.6%15.4%0%20%40%60%80%100%2019H1 2020H1 2021H1 2022H1 2023H1-100%-50%0%50%100%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-yoy-yoy-yoy-2009 1210 12+13.3%+61.1pct 1+30.9%+8.0pct 59.2%-4.3%2.9pct 16.9%-27.3%14.3pct 25.6%-11.0%1.9pct 7.0%352 11 13 1.4+2 175.06+35.7%+10.8pct 78.6%1112.51+0.8%65.47+460.0%32.7%+26.7pct+5.1pct 6.9%20.53+104.7%3 2023 59.40+13.3%+61.1pct 1335.37+3.2%13.81+305.0%+12.7pct 18.8%221.45+7.7%200.92+2.8%2023H1 363+12.1%+15.8pct 25+17.1%+65.9pct 6.8%+0.3pct 19.93-5.2%41.0pct 1 3.5%3.0%612.50+81.3%+23.9pct 56.8%329.55+236.4%300.40-6.5%-3.5pct 27.9%160.12-55.2%-20.0pct 14.8%2 338.59+14.8%174.82+42.9%+10.1pct 51.6%79.40+6.6%95.11 159.29-5.5%113.83+18.9%3+1.7%2.6pct 25.0%+17.7%+3.3pct 70.1%-2.8%-0.7pct 4.9%15 16*-40%-30%-20%-10%0%10%20%30%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-20%0%20%40%60%80%100%120%140%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-2009 1210 13 17 18 19 20*2023H1 66-1.0%37-16.0%22-21.5%17-13.2%1.0%13.5+34.5%24.7+132.6%9.0+154.9%4.9+95.6%+0%10%20%30%40%50%60%70%80%90%100%2019H1 2020H1 2021H1 2022H1 2023H1-40%-30%-20%-10%0%10%20%30%40%50%60%70%2019H1 2020H1 2021H1 2022H1 2023H1 0%10%20%30%40%50%60%70%80%90%100%2019H1 2020H1 2021H1 2022H1 2023H1-1000%0%1000%2000%3000%4000%5000%-100%-50%0%50%100%150%200%250%2019H1 2020H1 2021H1 2022H1 2023H1 2009 1210 14 21 22 FYP FYP*/FYP 2023H1 621+45.7%268+61.7%221+7.7%368+18.1%443+12.9%13.2%+3.5pct 7.1%+2.0pct 13.1%+1.1pct 34.1%+3.7pct 56.3%+1.8pct 2023H1 28.25+174.7%13.81+305.0%6.99+202.6%10.52+331.1%10.9%+5.1pct 18.8%+12.7pct NBV 364.25+115.5%154.19+131.0%200.92+2.8%27.7%+9.2pct 6.9%+5.1pct 23 24*2020 0204060801001201401601802002019H1 2020H1 2021H1 2022H1 2023H1 0.05.010.015.020.025.030.02019H1 2020H1 2021H1 2022H1 2023H1 0100002000030000400005000060000700002019H1 2020H1 2021H1 2022H1 2023H1 0%10%20%30%40%50%60%2019H1 2020H1 2021H1 2022H1 2023H1 2009 1210 15 8778+9.3%-0.2pct 4195+5.5%-0.7pct 1323.9+9.9%+16.4pct 374.6+44.6%4583+12.9%+0.2pct-17.7%+22.9%+15.0%+13.8%52.2%+1.7pct 2023H1 CR3 63.7%-0.5pct 3009 34.3%-0.1pct 1541 17.6%-0.7pct 1049 11.8%+0.4pct+8.8%+5.0%+13.2%CR3+8.5%+9.3%25 26 27 28 22H1 23H1-20%-15%-10%-5%0%5%10%15%20%25%30%2019H1 2020H1 2021H1 2022H1 2023H1-30%-20%-10%0%10%20%30%40%2022H1 2023H149.5%47.8%0%20%40%60%80%100%2022H1 2023H1 0%10%20%30%40%50%60%70%2019H1 2020H1 2021H1 2022H1 2023H1-2009 1210 16 29+5.5%+6.1%+5.4%+5.5%32.4%24.2%+0.1pct 12.1%+11.6%+2.9%+24.5%+12.9%-79.3%30 31 32 33-10%-5%0%5%10%15%20%2019H1 2020H1 2021H1 2022H1 2023H1yoy-yoy-yoy-yoy-yoy-CR3-10%-5%0%5%10%2019H1 2020H1 2021H1 2022H1 2023H1-15%-10%-5%0%5%10%15%20%25%30%35%2019H1 2020H1 2021H1 2022H1 2023H1 0%10%20%30%40%50%60%2021H1 2022H1 2023H1-20%0%20%40%60%80%100%120%2022H1 2023H1 2009 1210 17 34 35 36 37 96.4%+0.1pct 98.0%+0.9pct 97.9%+0.6pct 70.6%+0.3pct 70.4%+0.9pct 27.4%+0.6pct 27.5%-0.3pct COR COR 96.7%+1.3pct 97.1%+2.7pct 98.0%+1.4pct 70.8%+0.8pct 69.7%-0.1pct 27.2%+0.6pct 26.0%+1.0pct COR COR+1.2pct 96.5%COR COR+4.7pct 117.7%COR COR COR-0.5pct 97.9%0%10%20%30%40%50%60%70%80%2021H1 2022H1 2023H1-100%-80%-60%-40%-20%0%20%40%60%2022H1 2023H10%10%20%30%40%50%60%2021H1 2022H1 2023H1-5%0%5%10%15%20%25%30%35%40%45%2022H1 2023H1 2009 1210 18 38 39*23H1*23H1 40 41 42 43 20%25%30%35%40%45%2019H1 2020H1 2021H1 2022H1 2023H1 50%55%60%65%70%75%2019H1 2020H1 2021H1 2022H1 2023H1 94%95%96%97%98%99%100%2019H1 2020H1 2021H1 2022H1 2023H1 0%20%40%60%80%100%120%2022H1 2023H10%20%40%60%80%100%120%140%2022H1 2023H190%92%94%96%98%100%102%104%2022H1 2023H1 2009 1210 19 2023 2022 12 31 2023 6 30 10 2.84%20bp 2.64%2023 300 0.75%2023 698-1.2%162-8.0%183-8.7%100+8.6%199+8.7%44 2023H1 45 2023H1 300 wind wind 3.8%-0.4pct 3.5%-0.4pct 2.0%-0.1pct 3.4%-1.2pct 4.4%-0.2pct 3.4%-0.8pct 3.4%+0.4pct 2.0%-0.1pct 3.7%-0.5pct 4.9%-0.4pct 4.23%+0.48pct 4.1%+0.7pct 2.10%+0.6pct 2.93.03.13.23.33.43.52.02.22.42.62.83.03.23.43.62019/9 2020/9 2021/9 2022/9 2023/9:10 750-6%-4%-2%0%2%4%6%8%10%2022/12 2023/2 2023/4 2023/6 2023/8 300 2009 1210 20 46 47 77.0%67.0%-0.5pct 78.8%+1.4pct 83.3%+5.8pct 74.7%+4.3pct 49.7%+1.2pct 56.6%+5.9pct 48.3%+8.0pct 45.9%+5.9pct 42.2%+1.0pct 18.0%+0.4pct 24.1%+0.9pct 21.0%+5.4pct 13.5%-1.3pct 14.5%-6.2pct+0.8pct 14.9%-0.3pct 11.1%-1.6pct 9.5%-1.3pct 11.1%-2.0pct 11.6%8.72%-0.26pct 9.4%-0.9pct 19.3%-2.0pct 14.6%-4.5pct AAA 99%96.2%97.4%97.85%2.0%2.5%3.0%3.5%4.0%4.5%5.0%5.5%2019H1 2020H1 2021H1 2022H1 2023H1 2.0%2.5%3.0%3.5%4.0%4.5%5.0%5.5%6.0%6.5%7.0%2019H1 2020H1 2021H1 2022H1 2023H1 2009 1210 21 48 ROEV NBV ROEV EV ROEV NBV EV 2023H1 NBV ROEV EV 49 EV 50 ROEV*2021 EV EV ROEV 13117+6.6%+2.6pct EV EV 3.7%2.5%+0.4pct-1.2%-1.2pct+1.4pct 0%12.9%12.6%8.7%6.9%13.7%10.8%20.4%20.9%10.9%9.6%48.5%49.7%50.7%56.6%40.3%48.3%40.0%45.9%41.2%42.2%15.6%14.7%18.0%15.3%23.5%24.2%10.0%7.9%15.4%15.2%11.4%11.1%11.1%9.5%12.4%11.1%14.1%14.9%13.6%11.6%5.2%4.8%4.7%4.5%1.3%1.2%0.5%0.5%11.3%10.8%0%10%20%30%40%50%60%70%80%90%100%2022 2023H1 2022 2023H1 2022 2023H1 2022 2023H1 2022 2023H1+-5%0%5%10%15%20%25%020004000600080001000012000140002019 2020 2021 2022 2023H1 yoy-yoy-yoy-yoy-0%2%4%6%8%10%12%14%16%2019H1 2020H1 2021H1 2022H1 2023H1 2009 1210 22+1.7pct 2.4%+0.4pct-1.1%ROEV+1.6pct 6.3%51 EV ROEV 14929+4.9%+1.6pct 9246+5.7%+4.2pct EV+0.5pct EV 3.9%-0.1pct 3.3%+0.8pct 0.7%+0.8pct 0.7%+0.7pct-2.9%+1.2pct ROEV+0.6pct 7.2%52 2009 1210 23 EV ROEV 5371+3.4%+1.2pct 4141+4.0%+1.5pct+1.4%EV 3.9%-0.4pct 1.8%+0.3pct-1.1%+0.6pct 0.3%+0.3pct 0.4%+0.2pct-1.5%+0.4pct ROEV+0.3pct 6.0%53*2022H1 EV ROEV 2665+4.3%+4.3pct EV 3.9%1.0%+0.2pct 0.4%+3.1pct-1.3%+0.4pct ROEV+0.3pct 5.0%54 2009 1210 24 2023 2023 2023 2023 COR 2023 6 30 2022/12/30+3.26%300 4.02pct/+22.24%/+11.88%/+5.95%22.99pct/12.63pct/6.71pct/5.07pct/0.52pct 2023 2023 9 26 2022/12/30 9.29%13.91pct/+24.04%/+19.54%/+15.90%/+3.32%/+0.38%28.65pct/24.15pct/20.52pct/7.94pct/4.99pct 2023 4 5 NBV 7 24 8 7 24 8 9 NBV 55 2023 2023/9/26 wind-20%-10%0%10%20%30%40%50%60%2022/12 2023/3 2023/6 2023/9 300 2009 1210 25 2023 2023/+8.90%/+22.26%+10.76%/+22.26%3 20 4+13.38%+9.37pct+16.86%+12.45pct 23H1 NBV 2023/+10.75%/+8.76%+1.4pct/+0.3pct 2023+9.75%+0.8pct 1+2.28%2023/+3.87%/+5.62%/-2.55%/-0.18%/+2.31%/+14.68%/+12.61%/+17.24%/+14.28%/+37.26%2023/+6.94%/+8.31%/+4.03%/+5.13%/+9.88%2022 2023 2022 2022+1.29%/+2.41%/+1.46%/-15.22%+12.17%2022+1.55%/+4.34%/-1.78%/-21.18%+5.85%2022 21 22+5.10%2022+1.41%/+3.29%/+0.03%/-17.85%+8.93%8 2023 7+24.87%/+37.95%/-1.95%/-6.49%+1.28%7 30 3.5%3.0%8 2023 8/-10.34%/+1.54%/+3.40%/-6.77%/+42.01%7-15.0pct/-10.6pct/-86.4pct/-28.6pct/+29.2pct 22 2009 1210 26 9 7 Q3 2024 2022 2023H2 2023 56 57 58 59-5%0%5%10%15%20%25%050001000015000200002500022Q1 22Q2 22Q3 22Q4 23Q1 23Q2 yoy-yoy-yoy-4%-2%0%2%4%6%8%10%12%14%16%0500010000150002000025000300003500021H1 21H2 22H1 22H2 23H1 yoy-yoy-yoy-60%-40%-20%0%20%40%60%050010001500200025003000350022Q1 22Q2 22Q3 22Q4 23Q1 23Q2 yoy-yoy-yoy-yoy-yoy-30%-20%-10%0%10%20%01000200030004000500021H1 21H2 22H1 22H2 23H1 yoy-yoy-yoy-yoy-yoy-2009 1210 27 60 2023 1-7 61 2023 7-8*8 3.5%3.0%3.0%2.5%2023 2024+62 3 3.00%3/5/10 3.00%23/3/5/10/15/20 3.00%3/5/8/10/12/15/20/3.00%(2.0)/3/5/10/20 3.00%2.0/3/5/10/20 3.0%/3/5/10/15/20 3.00%/3/5/10 3.00%/3/5/10/15/20/30 3.00%3/5/10 3.00%0%5%10%15%20%25%30%35%2023/1 2023/2 2023/3 2023/4 2023/5 2023/6 2023/7yoy-yoy-yoy-20%0%20%40%60%80%2023/7 2023/8yoy-yoy-yoy-yoy-yoy-2009 1210 28 63 85/105 3/5/10/20/60/65 55/60/65 2.50%+/3/5/10/15/20 2.50%+/3/5/10/15/20/2.50%64 2023+15/3/5/8/10 6 20 3/5/10 6 106/3/5/10/15/20/30 60/65/70 55/60/65/70 65 10/15 55/60/65/3/5/10/8/10/3/5 6 66 2023/5/10/15/20 2.0 H2023A 3/9/19/29 13/18/28 ROEV EV 13 COR COR 2009 1210 29 1 3.0 3.0%+3.0%3.0+2 COR 2023 3 300 0.35 0.3 0.45 0.4 NBV PEV 1.29 0.80 x 0.59x 0.52x 0.44x 2009 1210 30 H 67 PEV 2023/09/26 wind-0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.02011/01 2012/01 2013/01 2014/01 2015/01 2016/01 2017/01 2018/01 2019/01 2020/01 2021/01 2022/01 2023/01 2009 1210 31 2016 2017 2019 2019 Wind 2020 8 2020 2021 2021 2022 2022 Choice 2022 2022 2018 2019 2020 2021 2022 2018-2021 2022 2022 2018 2023 2019 2019 2019 Wind 2020 8 2020 2021 2021 2022 Choice 2022 2022 2022 2023 2023 2009 1210 32 010-63214682 010-63214682 010-63214682 010-63214682 010-63214682 010-66500808 010-66500821 010-63214682 0755-82828570 0755-83715428 0755-82756804 0755-82871425 0755-83024576 0755-82871425 021-20572536 021-20572555 021-20572257-2552 021-20572506 021-20572585 021-20572509 021-20572548 021-20572573 0755-82756805 021-20572559 021-20572559 0755-82756805 021-20572559 玙 021-25072549 2009 1210 33 A 300 500/6 20%6 10%20%6-10%10%6 10%20%3-6 5%3-6-5%5%3-6 5%26 C 3A 1061 A 19 33 12 100033 518034 200120 010-66500801 0755-82027731 021-20572500 010-66500900 0755-82828562 021-20572522

注意事项

本文（20230927_华创证券_保险行业深度研究报告：寿险渠道转型持续兑现产险景气度维持_33页.pdf）为本站会员（13940259562）主动上传，报告吧仅提供信息存储空间，仅对用户上传内容的表现方式做保护处理，对上载内容本身不做任何修改或编辑。若此文所含内容侵犯了您的版权或隐私，请立即通知报告吧（点击联系客服），我们立即给予删除！

温馨提示：如果因为网速或其他原因下载失败请重新下载，重复下载不扣分。

账号：
密码：
验证码：	换一换
当日自动登录忘记密码？