In the first half of the year, the five major listed insurance companies returned to their mother's net profit of 122 billion yuan by more than 15 % year -on -year

As Xinhua Insurance released the semi -annual report on the evening of August 30, the business situation of the five major insurance companies in A -share was disclosed in the first half of the year. On the whole, the five insurance companies achieved a total of net profit attributable to the mother (Note: the net profit in the article is the net profit attributable to shareholders of the parent company) 122027 billion yuan, a year -on -year decrease of more than 15%.

In the first half of the year, the equity investment market fluctuated greatly, which caused a great impact on the income of insurance capital investment. This is also one of the main reasons for the net profit of some insurance companies year -on -year. Regarding the trend of the rights and interests in the second half of the year, the person in charge of multiple insurance companies stated that it is confident in the long -term development of my country's economy and the trend of the equity market. It will maintain a reasonable allocation, find opportunities, and strive to achieve long -term stable investment returns.

Five major insurance companies return to their mother's net profit

"Two increases and three drops" year -on -year

In the first half of the year, of the five major insurance companies, the net profit of China Ping An and China PICC rose year -on -year, and the net profit of China Tai Insurance, China Life and Xinhua Insurance decreased year -on -year.

Specifically, in the first half of the year, Ping An's net profit realized a net profit of 60.273 billion yuan, an increase of 3.9%year -on -year; the operating profit attributable to the mother was 85.34 billion yuan, an increase of 4.3%year -on -year. China Ping An said that "thanks to the strong growth of life insurance and health insurance business and banking business."

From the perspective of different business sectors, in the first half of the year, Ping An's life insurance and health insurance business achieved net profit of 34.088 billion yuan, an increase of 14.4%year -on -year; net profit of property insurance business achieved 8.381 billion yuan, a year -on -year decrease of 22.3%.

In the first half of the year, the Chinese PICC achieved net profit of 17.85 billion yuan, an increase of 5.7%year -on -year. From the perspective of different business sectors, the comprehensive cost rate of PICC's property insurance was 96.0%, a year -on -year decrease of 1.2 percentage points; the net profit was 19.032 billion yuan, an increase of 15.3%year -on -year. PICC Life Insurance achieved net profit of 3.358 billion yuan, a decrease of 25.1%year -on -year. The net profit of Human Health Care was 742 million yuan, an increase of 186.5%year -on -year.

At the mid -term performance conference, the president of the Chinese People's Insurance President Wang Tingke said that in the first half of the year, the Chinese PICC's performance was better, there were external factors of the property insurance industry's recovery, and there were also reasons for the advantages of insurance insurance to play a competitive advantage. Optimize the business structure and development model, increase new business growth points and development momentum, strengthen risk prevention and control and resolve the ability, and improve the quality and efficiency of business development.

In the first half of the year, China Life realized a net profit of 25.416 billion yuan, a year -on -year decrease of 38%; China Tai Insurance Realized Group's net profit of 13.301 billion yuan, a year -on -year decrease of 23.1; Xinhua Insurance's net profit of 5.187 billion yuan, a decrease of 50.8%year -on -year decreased by 50.8%year -on -year Essence

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