NCI 2026年半年报业绩发布会纪要

发布时间：2026-08-27 一、AI总结内容 一、核心要点 1. 2026年上半年业绩：总保费（GWP）同比增长6.9%达8350亿元，归母净利润同比大增54%至228亿元，内含价值达3104亿元、同比增长7.8%，年化总投资收益率6.7%、同比提升0.8个百分点；拟派中期现金分红每股0.73元，同比增9%。 2. 业务结构优化：长期险首年期交保费（FYIP）同比增27.7%，其中十年及以上期交保费增速显著，长期险首年期交保费占比达85.2%，十年及以上期交占比提升3.9个百分点；13个月保单继续率97.5%、25个月93.6%，退保率0.7%、同比降0.1个百分点。 3. 服务实体经济成效：服务实体经济的投资余额超13万亿元、同比增15%，五大领域（科技、绿色、普惠、养老、数字金融）投资中，科技金融相关领域投资超2200亿元，为近1.2万家企业提供超1万亿元保障；绿色金融投资余额超1.1万亿元，为6700家绿企提供超31万亿元保障。 二、投资与资产负债管理 1. 投资策略：坚持长期投资理念，配置长债、高股息资产、优质另类资产，同步布局新质生产力（A I、半导体、新能源、创新药等），上半年投资收益居行业前列，投资收益率实现多维度保障，满足长周期考核要求。 2. 资产负债管理（ALM）：落实新监管规则，强化资产负债匹配，优化期限结构、成本、收益、现金流的动态平衡，1年、3年、5年维度年化综合投资收益率均覆盖平均负债成本，新业务利率假设下行推动负债成本持续下降。 3. 科技应用：以AI、大数据等为核心推进数字化转型，打造数字人力矩阵，提升智能核保、理赔及客户服务效率，挖掘数据要素价值赋能精准营销、风控及产品创新。三、渠道与团队建设 1. 个险渠道：打造专业、全面、全能型队伍，上半年新增2万名代理人，月均新增代理人稳定超3000人，高产能团队增16%、人均产能增18%，达标团队数翻倍；启动“三十城点亮计划”，向低级别机构延伸人才招募。 2. 银保渠道：作为核心双渠道之一，升级“双核心渠道、双核心驱动”战略，上半年期交保费创历史新高、贡献总价值近50%，个人、银保渠道期交分别增24%、32%；落实新监管成本管控规则，深化协同发展，聚焦高净值及私行客户。 四、公司战略与未来规划 1. “十五五”规划：锚定建设一流金融服务集团、实践大保险理念、做强NCI的战略方向，推进客户中心、队伍为本、员工伙伴的战略，做强总部、做实中层、稳住基层，强化组织协同与数字化赋能。 2. 康养生态：构建“保险+养老+医疗”生态，打造5大服务品牌、16项核心服务，布局61个康养社区、83个旅居项目，为客户提供全生命周期服务。 3. 30周年目标：以高质量发展为核心，将企业文化转化为核心竞争力，在党建引领、战略落地、改革深化、科技赋能等方面持续发力，推动公司向世界一流金融集团迈进。五、风险与关注 1. 市场层面：低利率环境、资本市场波动对资产收益的影响，行业竞争加剧对渠道成本管控与业务拓展的压力。 2. 内部管理：新监管规则落地后需强化合规与精细化管理，数字化转型与队伍建设需持续投入资源。 二、音频原文（转写） Rain results announcement officially began. We'dlike to thank all the. I'm Liu Zhiyong, Assistant President Secretary. I'm honored to be today's host. First of all, I'd like to introduce to you the senior management attending today. They are Mr. Yang Yucheng, Chairman of the. Mr. Goh Ching Phoon, President and Financial Principal. weare also honored to have independent directorsto join us online. today's conference consists of business presentation and q and a. 哎，不对劲。 Now let's start the presentation. Let's welcomeMr. Yang Yucheng. 啊。我最近的 You distinguished investors, analysts and media friends. 哈哈。Welcome tothe. for six interviews 选当时。うん。 We are grateful. For your long standing attention and support for our company. in the first of twenty twenty six. We carry out. Solid learning and education on upholding a correct outlook on political performance. bearing in mind the original mission of finance of Indonesia and the people. We proactively integrate into the broader national development agenda followed a path of intensive high quality development. different codingdevelopment to ensure service. and investment and advance professional market oriented and systematic reforms with concentrated efforts on consolidating development foundation for jin ku competitive. Executing strategic key tasks. We achieved. sustained it Improvement in operations and.Market competitiveness and comprehensive strength were further enhanced. Multiple core indicators sustained sound growth on the high base. Thecompany showed multiple progress. with more concrete base consolidated foundation optimize the structure great momentum and increasing efficiency The outcome of dual advancement of volume and value. and the dual optimization of structure and profitability were further highlighted. 嗯。 In the first half of the year The GWP reached. Up by six point nine percent, operating revenue amounted to eighty-three point fifty. 一连元。Up by eighteen point nine percent. MBB reached 6.9 billion yuan, up by 11.9 percent. Embedded value reached. 310.4 billion yuan growing by 7.8%. Totalassets amounted to 1.96 trillion yuan, increasing by 3.1%. Net assets reached 123.6 billion yuan, up by 10.8%. Investment withstood the test ofcapital market volatility and delivered solid results. annualized total investment yield stood at six point seven percent. up by zero point eight percentage points. 一个月。 は投資用の。driven by the dual momentum from core lifeinsurance business and investment. Our value creation capacity improved greatly. The net profithit a new high of 22.8 billion yuan, surging 54% year-on-year. 我分享。 Committed to sharing operation gains with investors, we propose to distribute an interim cash dividend. At zero point. seven. free yuan per share Representing a nine percent yearly increase. In terms of overall performance We achieved all fronts growth in business scale and value. FYIP from long term insurance rose by 27.7 percent. among which the ten year and above premiums jump 我有什么事情？ In our comprehensive growth, our MVV. And the EValso increased a lot. For business structure, we concentrated our efforts on regular premium and long term business. delivering continuous structure improvement The proportion of regular premium business increased substantially. FYRP fromlong term insurance accounted for 85.2 percent.are by twenty point eight percentage points. 那。 The share of ten year and above regular premium.Rose by three point nine percentage points. yeah We step up. transformation for participating insurance and our product mix has further optimized and has won greater recognition from customers. 完善部门管理。 We strengthened institutional ba