The results of 61 unlisted life insurance companies in the first half of the year were released: 29 made a total net profit of 13.45 billion yuan, and 32 had a total loss of 9.32 billion yuan

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As of August 8, most unlisted insurance companies have disclosed the solvency reports for the second quarter, and the performance of relevant insurance companies in the first half of the year has also been released. According to the reporter’s incomplete statistics, among the unlisted life insurance companies that have disclosed the report, 29 companies made profits, with a total net profit of 13.45 billion yuan; 32 companies suffered losses, with a total loss of 9.32 billion yuan. Overall, the growth rate of net profit of unlisted life insurance companies in the first half of the year fell sharply. The total net profit of the 61 insurance companies mentioned above was 4.13 billion yuan, down 86% year-on-year. Experts interviewed believe that the decline in investment income is the main reason for dragging down the performance of unlisted life insurance companies. (Securities Daily)
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