70 family property insurance companies achieved a net profit of over 460 billion yuan in the first three quarters.

Recently, insurance companies have begun to disclose their solvency reports for the third quarter, and the operating performance of life insurance companies has also been revealed. According to statistics from reporters, as of November 7th, 70 life insurance companies have disclosed their insurance business income and net profits for the first three quarters. The data shows that in the first three quarters of this year, the total insurance business income of these 70 life insurance companies reached 3.11 trillion yuan; the total net profit was 460.528 billion yuan, exceeding the full year data of last year. Experts interviewed stated that the net profit performance of life insurance companies in the first three quarters of this year has been good, mainly due to factors such as lower funding costs, optimized business structures, and a rebound in investment income.