财险公司上半年“杀疯了”：76家非上市险企狂赚92亿元 近九成公司都在赚钱

Core Insights - The non-listed property insurance industry experienced significant profit growth in the first half of the year, with 76 companies collectively achieving a net profit of 9.25 billion yuan, and nearly 90% of companies reporting profits [1][2] - The improvement in net profit is closely linked to better underwriting profitability, with over 60% of companies reporting a decrease in comprehensive cost ratios compared to the previous year [1] - Major contributors to profit include large-scale companies such as China Life Property Insurance, China United Property Insurance, and Yingda Property Insurance, which together accounted for nearly 50% of the total net profit of the 76 companies [1][2] Performance Overview - The total premium income for property insurance companies reached 964.5 billion yuan, marking a year-on-year increase of 5.1% [2] - Among the non-listed insurers, 14 companies reported net profits exceeding 100 million yuan, indicating strong resilience among mid-sized firms [5] - Notably, Sheneng Property Insurance achieved a net profit of 196 million yuan after optimizing its non-auto insurance management [5] Loss Reduction - The number of companies reporting losses significantly decreased, with only 8 companies in a loss position compared to over 20 in the previous year [7] - The companies with the highest losses included Qianhai Property Insurance, Modern Property Insurance, and Taiping Technology, with losses of 50 million yuan, 40 million yuan, and 30 million yuan respectively [7][9] - Qianhai Property Insurance's comprehensive cost ratio rose to 244.05%, indicating ongoing operational challenges [9][10] Risk Management - Several companies, including Qianhai Property Insurance and Anhua Agricultural Insurance, received a C rating for solvency, indicating they did not meet solvency standards [10][11] - Anhua Agricultural Insurance is actively working on governance improvements to address identified risks [10] - Asia-Pacific Property Insurance reported that approximately 88% of its shares are pledged or frozen, and it is taking measures to enhance solvency management [11]