4月人身险保费收入2879亿元同比增长11.6% 分红险成增长新引擎

Core Insights - The personal insurance market showed a significant recovery in April 2025, with total insurance premium income reaching 25,955 billion yuan, a year-on-year increase of 2.3% [1] - The original premium income for personal insurance was 19,469 billion yuan, growing by 1.3% year-on-year, with April's single-month income at 2,879 billion yuan, marking an 11.6% increase [1] Group 1: Market Recovery - The insurance industry experienced a strong recovery momentum, with April's growth rate improving by 5.4 percentage points compared to March [1] - The introduction of dividend insurance products has injected new vitality into the market, becoming a key factor in premium growth [3] Group 2: Product Structure Adjustment - The "reporting and banking integration" policy has led to a significant resource reallocation in the bancassurance channel, focusing more on premium payment and medium to long-term savings products [3] - The relative attractiveness of insurance products has increased due to commercial banks lowering deposit interest rates, creating favorable conditions for new premium growth [3] Group 3: Performance by Insurance Type - Life insurance business performed the best, with original premium income of 16,061 billion yuan from January to April, a year-on-year increase of 1.2% [4] - Health insurance showed stable growth with original premium income of 3,255 billion yuan, up 2.4% year-on-year, while April's single-month income declined by 2.9% [4] - The accident insurance market faced pressure, with original premium income of 153 billion yuan from January to April, down 4.9% year-on-year [4]