As of October 16, out of the top five A-share listed insurers, 4 have announced pre-performance increases. Overall, China Life Insurance, China Taibao, and Xinhua Insurance all expect net profit growth of more than 60% year-on-year for the first three quarters of this year. Judging from the absolute calculation of net profit, the combined net profit of the four insurers in the first three quarters of this year is expected to increase by more than 99.2 billion yuan over the same period last year. The four A-share listed insurers are expected to perform well in the first three quarters of this year, mainly due to a sharp increase in investment income. For example, regarding the reason for the pre-increase in performance in the first three quarters, China Life Insurance stated that it adheres to the principle of balance and liability matching and the concept of long-term investment, value investment, and steady investment, seizes market opportunities to carry out cross-cycle allocation, and continues to promote the optimization of the equity investment structure. The stock market picked up significantly in the third quarter of 2024, and as a result, its investment income increased sharply year over year.

As of October 16, out of the top five A-share listed insurers, 4 have announced pre-performance increases. Overall, China Life Insurance, China Taibao, and Xinhua Insurance all expect net profit growth of more than 60% year-on-year for the first three quarters of this year. Judging from the absolute calculation of net profit, the combined net profit of the four insurers in the first three quarters of this year is expected to increase by more than 99.2 billion yuan over the same period last year. The four A-share listed insurers are expected to perform well in the first three quarters of this year, mainly due to a sharp increase in investment income. For example, regarding the reason for the pre-increase in performance in the first three quarters, China Life Insurance stated that it adheres to the principle of balance and liability matching and the concept of long-term investment, value investment, and steady investment, seizes market opportunities to carry out cross-cycle allocation, and continues to promote the optimization of the equity investment structure. The stock market picked up significantly in the third quarter of 2024, and as a result, its investment income increased sharply year over year.