财险业上半年承保利润创新高 “新质”保障服务能力不断提升

Core Insights - The property insurance industry in China has achieved record underwriting profits, with reinsurance premiums exceeding 100 billion yuan for the first time in the first half of 2025 [1][3]. Group 1: Industry Performance - In the first half of 2025, the property insurance sector reported a premium growth rate of 4.2%, slightly lower than the same period last year [2]. - The comprehensive cost ratio for the property insurance industry improved to 96.6%, a year-on-year optimization of 1.3 percentage points, leading to an underwriting profit of 26 billion yuan, the highest for the same period historically [2]. - More than 40 companies achieved underwriting profitability, marking a significant shift towards high-quality development in the industry [2]. Group 2: Reinsurance Market Trends - The property reinsurance market has shown stable growth, with total premiums reaching 103 billion yuan in the first half of 2025, marking the first time this figure has surpassed 100 billion yuan [3]. - Non-auto insurance premiums approached 90 billion yuan, indicating a strong performance in this segment [3]. - The reinsurance market is facing increasing risks due to climate change and natural disasters, with a high level of reinsurance losses expected to continue [3]. Group 3: Emerging Opportunities - The financial sector is responding to new demands for risk coverage in emerging fields such as low-altitude economy and technology activities, which are anticipated to see rapid growth in insurance needs [4]. - The insurance industry is working to establish a comprehensive product system that covers the entire lifecycle of technology enterprises, although challenges remain in improving coverage capabilities and product innovation [4][5]. - The China Reinsurance Corporation aims to enhance its role in supporting the property insurance sector and improving service quality in line with new production capabilities [5].