二季度末保险公司资金运用余额超36万亿元

Core Insights - As of the end of Q2 2025, the total assets of insurance companies in China reached 39.2 trillion yuan, an increase of 3.3 trillion yuan or 9.2% from the beginning of the year [1][2] - The balance of funds utilized by insurance companies exceeded 36 trillion yuan, growing by 17.4% year-on-year [1][2] - The insurance industry maintained a strong solvency position, with a comprehensive solvency adequacy ratio of 204.5% and a core solvency adequacy ratio of 147.8% as of the end of Q2 2025 [2][3] Asset Allocation - The asset allocation structure of the insurance industry is continuously optimizing, with the proportion of stock investments increasing for five consecutive quarters [1][4] - As of the end of Q2 2025, the allocation of bonds was 51.1%, up 0.7 percentage points from the previous quarter, while stock allocation reached 8.8%, an increase of 0.4 percentage points [3][4] - The proportion of bank deposits decreased to 8.6%, down 0.2 percentage points from the previous quarter [3] Premium Income and Claims - In the first half of 2025, the original insurance premium income was 3.7 trillion yuan, reflecting a year-on-year growth of 5.1% [2] - Claims and benefit payments amounted to 1.3 trillion yuan, a year-on-year increase of 9% [2] - The number of new insurance policies issued reached 524 billion, marking an 11.1% increase year-on-year [2] Solvency and Financial Health - The solvency ratios for property insurance, life insurance, and reinsurance companies were 240.6%, 196.6%, and 250.5% respectively [2] - The core solvency ratios for these companies were 211.2%, 134.3%, and 219.6% respectively, indicating a stable financial health across the sector [2][4] - The solvency ratios remained stable compared to the previous quarter, with slight improvements in core solvency ratios for property and life insurance companies [2][3]