China Merchants Renhe's new premium in the first half of this year increased by 41% year-on-year.

Recently, China Merchants Renhe Life Insurance disclosed its performance, achieving a supervisory net profit of 2.35 billion yuan in the first half of the year, a year-on-year increase of 28.7% compared to last year. Among them, the premium income reached 11.056 billion yuan, a year-on-year increase of 14.74%; investment income increased by 24% year-on-year, with a non-annualized financial investment income rate of about 3.01% and a non-annualized comprehensive investment income rate of about 3.08%. It is worth noting that in the first half of the year, China Merchants Renhe Life Insurance's new single premium scale increased by as much as 41% year-on-year, showing a more significant growth rate compared to the industry average. The premium income of pure protection products increased by a staggering 137% year-on-year; the proportion of new single dividend-type products increased to 62.5%, with its premium income increasing significantly by 121% year-on-year, becoming the main driving force for business growth.