On the evening of October 15, China People's Insurance Company and China Taibao announced pre-increase results for the first three quarters of 2024, showing that according to preliminary estimates, net profit for the first three quarters of 2024 is expected to increase by more than 13 billion yuan over the same period last year, an increase of more than 60%. In addition to Xinhua Insurance, the total net profit of the three insurers is expected to reach 89.437 billion yuan to 97.846 billion yuan in the first three quarters, an advance increase of 36.292 billion yuan to 44.701 billion yuan over the same period last year, an increase of more than 60% over the previous year. The capital market picked up in the third quarter, and investment income achieved a sharp year-on-year increase. This is a common reason for the sharp advance increase in net profit of the three major insurers.

On the evening of October 15, China People's Insurance Company and China Taibao announced pre-increase results for the first three quarters of 2024, showing that according to preliminary estimates, net profit for the first three quarters of 2024 is expected to increase by more than 13 billion yuan over the same period last year, an increase of more than 60%. In addition to Xinhua Insurance, the total net profit of the three insurers is expected to reach 89.437 billion yuan to 97.846 billion yuan in the first three quarters, an advance increase of 36.292 billion yuan to 44.701 billion yuan over the same period last year, an increase of more than 60% over the previous year. The capital market picked up in the third quarter, and investment income achieved a sharp year-on-year increase. This is a common reason for the sharp advance increase in net profit of the three major insurers.