The utilization of insurance funds at the end of the first quarter has been revealed, with the allocation of life insurance to stocks and long-term equities both exceeding 8%.

According to the information released by the China Banking and Insurance Regulatory Commission, as of the end of the first quarter, the balance of funds used by insurance companies was 34.93 trillion yuan, an increase of 5.03% from the end of 2024. In terms of sub-industries, the balance of funds used by property insurance companies was 2.27 trillion yuan, and the balance of funds used by life insurance companies was 31.38 trillion yuan, an increase of 2.35% and 4.77% respectively from the end of 2024. In terms of asset allocation trends, in the life insurance industry with a total size exceeding 31 trillion yuan, the bond allocation ratio exceeds 51%, reaching a new high; the market value of stock holdings has increased to 2.65 trillion yuan, and the scale of long-term equity investments is approximately 2.60 trillion yuan, both ratios exceeding 8%, showing a significant growth from the end of 2024.