<P>为获取足够积分下载本版2007年行业风险分析，吐血推荐</P>
<P>(本人可以access所有国际投行公开发布的英文equity research报告，欢迎交流国内行业报告)</P>
<P>2007年1月10日摩根士丹利寿险团队发布</P>
<P>pdf文件，大小2995k，英文，页数235页，图文并茂</P>
<P>内容介绍（简要目录）</P>
<P>Section 1 Introduction to Life Insurance & Annuities<br>A Research Team and Products 4<br>B Understanding the Life & Annuity Industry 10<br>C Understanding Life Insurance & Annuity Products 18<br>D Current Trends in Distribution 45<br>E How Life Insurers Make Money 50<br>F Wrap Up and Q&A 56<br>G Appendix: Statistics, Statutory Accounting, and DAC 58</P>
<P>Section 2 State of the Life Insurance Industry<br>A Overview 92<br>B What Worked in 2006 (and Implications for 2007) 96<br>C Long Term Outlook 104<br>D Key Industry Drivers for 2007 116<br>E Key Product Drivers for 2007 135</P>
<P>Section 3 Valuation and Stock Discussion<br>A Industry Valuation 161<br>B Overweight Stocks 174<br>C Equal-weight Stocks 290<br>D Underweight Stocks 218</P>
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[此贴子已经被作者于2007-7-18 22:48:25编辑过]