Another listed insurer's performance is promising. On the evening of October 16, China Life Insurance announced that according to preliminary estimates, the company's net profit attributable to shareholders of the parent company for the first three quarters of 2024 is expected to be about 101,135 billion yuan to 108.767 billion yuan, an increase of about 165% to 185% over the previous year. Taking into account China Insurance, China Taibao, and Xinhua Insurance, which have previously announced pre-increases in performance, the total net profit of the four major listed insurers reached 190 billion to 206.5 billion yuan in the first three quarters, an increase of 99 billion yuan to 115.3 billion yuan over the same period last year. It is worth mentioning that the four major insurers have all implemented the new accounting standards, and the profit for the first three quarters also hit the highest level in the same period of the previous year. The recovery of the capital market in the third quarter and the year-on-year increase in investment income are common reasons for the pre-increase in the performance of various insurance companies.

Another listed insurer's performance is promising. On the evening of October 16, China Life Insurance announced that according to preliminary estimates, the company's net profit attributable to shareholders of the parent company for the first three quarters of 2024 is expected to be about 101,135 billion yuan to 108.767 billion yuan, an increase of about 165% to 185% over the previous year. Taking into account China Insurance, China Taibao, and Xinhua Insurance, which have previously announced pre-increases in performance, the total net profit of the four major listed insurers reached 190 billion to 206.5 billion yuan in the first three quarters, an increase of 99 billion yuan to 115.3 billion yuan over the same period last year. It is worth mentioning that the four major insurers have all implemented the new accounting standards, and the profit for the first three quarters also hit the highest level in the same period of the previous year. The recovery of the capital market in the third quarter and the year-on-year increase in investment income are common reasons for the pre-increase in the performance of various insurance companies.