Guojin Securities: It is expected that the new insurance premium for listed insurance companies will achieve double-digit growth in 2026.

Guojin Securities research report pointed out that it is expected that new premium income of listed insurance companies will achieve double-digit growth in 2026, with the bancassurance channel as the main driving force. The individual insurance channel remains stable, and bancassurance directly benefits from the advantages of customer and account brought by the "moving house" of deposits. In addition, the proactive expansion of large insurance companies enhances their market share continuously, dilutes fixed costs with scale growth, and promotes overall profit improvement.