关键词阅读：上海保险业 原保费收入 责任编辑：山上 2025年1—12月，上海辖内保险公司原保险赔付支出累计1074.05亿元，其中财产险公司原保险赔付支出 449.48亿元，人身险公司原保险赔付支出624.57亿元。 2月4日，据上海金融监管局网站，上海金融监管局发布2025年12月辖内银行业保险业主要监管指标数据 情况显示，2025年1—12月，上海辖内保险公司原保费收入累计2979.26亿元，上海再保险运营中心跨境 再保险分入保费收入累计8.47亿元，两者合计2987.73亿元。其中财产险公司原保费收入796.87亿元，人 身险公司原保费收入2182.39亿元。 ...

Core Insights - Dalian's insurance industry achieved a total premium income of 48.93 billion yuan from January to November, reflecting a year-on-year growth of 9.1%, although the growth rate decreased by 0.3 percentage points compared to the first ten months of the year [1] - Claims and benefit payments increased by 0.2% year-on-year, with the growth rate improving by 0.6 percentage points compared to the previous ten months [1] - By the end of November, the total assets of the industry reached 534.2 billion yuan, marking a year-on-year increase of 22.7% [1] Premium Income Breakdown - Property insurance premium income was 9.52 billion yuan, showing a year-on-year growth of 5.5% [1] - Life insurance premium income amounted to 39.41 billion yuan, with a year-on-year increase of 10.0% [1] - Within life insurance, premium income from life insurance, health insurance, and accident insurance grew by 11.1%, 4.9%, and 3.0% respectively [1]

Core Viewpoint - Xinhua Insurance plans to issue up to 10 billion yuan in perpetual bonds to enhance its capital strength and improve its core solvency ratio, with the funds primarily aimed at supplementing core capital and allocating fixed-income assets [2][3] Group 1: Bond Issuance Details - The company intends to issue the perpetual bonds in the domestic market, which will not have a fixed maturity date, and the first redemption option is set for the end of the fifth year [3] - The issuance is subject to approval from the shareholders' meeting and regulatory authorities [3] - The core solvency ratio of Xinhua Insurance has decreased from 170.72% at the end of Q2 to 154.27% by the end of Q3 2025, indicating a need for capital enhancement [3][4] Group 2: Financial Performance - For the first three quarters of 2025, Xinhua Insurance reported a significant increase in operating income of 137.25 billion yuan, up 28.3% year-on-year, and a net profit attributable to shareholders of 32.86 billion yuan, up 58.9% year-on-year [6] - The investment income for the same period reached 40.41 billion yuan, a staggering increase of 687.16% compared to 5.13 billion yuan in the previous year [6] - The annualized total investment return improved to 8.6%, up 1.8 percentage points year-on-year, driven by a recovery in the capital market and increased stock investment returns [6] Group 3: Insurance Premiums and Policy Performance - The original insurance premium income for the first ten months of 2025 was 181.973 billion yuan, reflecting a year-on-year growth of 17% [7] - The company’s first-year premium income for long-term insurance increased by 59.8%, with first-year regular premium income rising by 41.0% and first-year lump-sum premium income soaring by 109.2% [7] - The surrender rate improved to 1.2%, a decrease of 0.1 percentage points compared to the same period last year, indicating better policy retention [8]