Group 1 - The core viewpoint indicates that the property insurance industry in China experienced a premium growth rate of 4.2% in the first half of 2025, showing a slight slowdown compared to the same period last year [1] - The comprehensive cost ratio of the industry improved by 1.3 percentage points year-on-year to 96.6%, leading to an underwriting profit of 26 billion yuan, a historical high for the same period [1] - More than 40 companies achieved underwriting profitability, marking a significant shift towards high-quality development within the industry [1] Group 2 - The comprehensive cost ratios for both auto and non-auto insurance have shown significant improvement, with auto insurance benefiting from cost control and structural adjustments [1] - The non-auto insurance sector, despite a slowdown in growth, is expected to reverse underwriting losses due to the effective implementation of the "reporting and operation integration" policy [1] - The property reinsurance market continued to expand in the first half of 2025, with ceded premiums reaching 103 billion yuan, marking the first time that ceded premiums exceeded 100 billion yuan in half a year [1] Group 3 - Climate change indicators reached new highs in the first half of the year, leading to increased exposure to catastrophic risks within the industry [2] - The global property insurance market is expected to grow steadily in 2025, with strong demand for reinsurance and high ceded rates, despite the normalization of natural disaster losses and the rise of emerging risks such as cybersecurity and geopolitical issues [2] - The overall stability of the global reinsurance market is anticipated, with most reinsurance companies maintaining strict underwriting discipline [2]
中国财产再保险承保利润同期新高 半年分出保费首破千亿
Huan Qiu Wang·2025-09-19 03:23