A total net profit of over 86 billion yuan was recorded by the 72 family life insurance companies in the first quarter.
As the first quarter solvency reports of various insurance companies were successively released, the operating conditions of life insurance companies in the first quarter were also revealed. According to reporters' statistics, as of May 9th, a total of 72 life insurance companies simultaneously disclosed their insurance business income and net profits. The 72 life insurance companies collectively achieved insurance business income of 1.35 trillion yuan and a net profit of 86.143 billion yuan. Experts interviewed stated that due to the optimization of industry product structure pricing, deepening of the full-channel "reporting and underwriting integration", and the continuous release of investment returns from last year, the operating performance of life insurance companies in the first quarter of this year has been relatively good.
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