Xinhua Insurance: In the first half of the year, total premiums exceeded 102.5 billion core competitiveness continued to increase

On the evening of July 14, Xinhua Insurance announced the announcement of the premium revenue and pre -reduction announcement of the semi -annual premium income in 2022. The announcement shows that the cumulative revenue of the original insurance premiums in the first half of the year was 102.586 billion yuan, an increase of 2.0%year -on -year. At the same time, affected by the high net profit base in the same period last year, the low capital market in the current period, and the reduction of investment income factors, the net profit that is expected to belong to the shareholders of the parent company is expected to be 4.218 billion yuan to 5.273 billion yuan. %To 60%, the decrease was significantly narrowed compared to the first quarter of 2022.

Business development is steadily advanced

In the first half of the year, Xinhua Insurance always adhered to the general tone of "steady progress", stable and orderly operations, grasping the epidemic prevention and control, grasping business development with one hand, and obtained difficult performance.

Premium income increased steadily. In the first half of the year, Xinhua Insurance achieved a total of RMB 102.586 billion in the original insurance premium income, an increase of 2.0%year -on -year.

The business structure continues to optimize. Since the beginning of the year, Xinhua Insurance has accelerated its product transformation and promoted the sales of diversified products such as the final life and the two. Since the second quarter, the proportion of multi -products in Xinhua Insurance has gradually increased, and the business structure has gradually become balanced and diversified.

The marketing team is new. On the one hand, Xinhua Insurance has focused on stabilizing the stock team, and the marketing team has stabilized above 300,000 platforms. Work.

The financial situation is basically stable. The scale of Xinhua Insurance assets has been maintained above the trillion level; the solvency is sufficient, which is significantly higher than the requirements of the regulatory bottom line. In March 2022, Fitch Rating confirmed that the financial strength rating (IFS) of the insurance company of Xinhua Insurance was "A" (strong), and the outlook was stable.

Asset -liabilities are well matched. Xinhua Insurance Investment still shows strong toughness, the balance of assets and liabilities is good, and the long -term direction of returns, long -term, and liquidity indicators continues to improve; large categories of assets generally win the market benchmark, and investment professional capabilities have continued to improve. On the basis of strictly controlling risks, Xinhua Insurance adheres to the long -term investment concept, and has stabilized the investment portfolio and increased investment income.

Core competitiveness continues to improve

Facing the epidemic challenge and the depth of the industry, Xinhua Insurance is focusing on the core competitiveness of the "14th Five -Year Plan" planning, business structure optimization, marketing team transformation, and product service supply.

Promote the "Fourteenth Five -Year Plan" plan. Xinhua Insurance actively implements the "Fourteenth Five -Year Plan" outline, especially the three major projects of marketing channel capabilities, scientific and technological empowerment, and recreational care collaborative projects, driving the company's core capabilities construction and high -quality development.

Stability of business development base disks. The continued insurance channels continue to be valuable as the core to stabilize the additional insurance business; guide the sales of long -term insurance such as lifelong life insurance, two -time and long -term annuity through product policy, optimize product structure and cultivate new value growth points. The silver channels continue to increase their contributions and adhere to the two -wheel drive of banks and wealth business. Group channels continue to focus on improvement of benefits, and promote the comprehensive development of direct sales, crossing, intermediary, and professional field business.

Promote the transformation of marketing teams. Xinhua Insurance will accelerate the promotion of the marketing team "Old City Reconstruction" and "New Town Creation". In terms of the "old city transformation", the first batch of pilot agencies of the "Excellent Plan" promoted the work, continued to promote the construction of the "three" teams of the entire system, and promoted the growth of core performance and manpower. In terms of "new city building", the construction plan for the new ecological team of marketing is continuously improved, the planning team and the sales model implementation rhythm, and starting the pilot work of the new team.

Optimize product service supply. Xinhua Insurance will further deepen product supply -side reform. The first is to optimize the supply of product guarantee, health insurance, deeply dig the demand for customer health guarantee, enrich specific disease protection, expand exclusive protection of special groups, and study the exclusive product of urban customized commercial medical insurance; in terms of annuity insurance, actively develop pension insurance, support the number one The construction of the three pillars has promoted the release of sales of excellent exclusive commercial pension insurance nationwide. The second is to strengthen product innovation and development, focus on the research of innovative product innovation products for pension, health, and medical treatment, and meet the needs of differentiated products of customers at different levels; actively serve the national strategy, study and develop the exclusive products of the “Belt and Road”, and provide insurance guarantee for their migrant workers Essence The third is to build a "product+service" ecosystem, strengthen the cooperative development of the main insurance industry and the pension industry, deepen the integration of medical products with critical illness and health management services, and integrate the insurance service process and resources.

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