Total investment yield 4.2%!Xinhua Insurance's net profit of 5.2 billion in the first half of 2022

On August 30, Xinhua Life Insurance Co., Ltd. (hereinafter referred to as "Xinhua Insurance" or "Company") released the 2022 semi -annual report. In the first half of the year, Xinhua Insurance maintained a strategic determination, deepened "returning to the origin", took multiple measures to promote high -quality development, and achieved "stable and progress" as a whole.

As of the end of June, Xinhua Insurance's total assets were close to 1.2 trillion yuan, an increase of 5.4%from the end of 2021; realizing premium income of about 102.6 billion yuan, an increase of 2.0%year -on -year, exceeding the 100 billion platforms in the first half of the year in the first half of the year; belonging to shareholders of the parent company's shareholders of the parent company The net profit of about 5.2 billion yuan, an annualized total investment yield of 4.2%. In the market environment of repeated impact of the epidemic in the first half of the year, and the large fluctuation of the capital market, it achieved positive profitability. The company's comprehensive solvency adequacy ratio was 240.90%, and the core solvency adequacy ratio was 146.25%, which continued to maintain a high level.

Steady premium scale stable renewal premiums accounted for 68.4%

In the first half of 2022, Xinhua Insurance continued to explore the transformation of the marketing model, promoted the diversified development of products, strengthened service capabilities and the development of scientific and technological empowerment, focused on the construction of key areas of transformation, and maintained the scale of premiums. As of June 30, 2022, the company's total insurance premiums were about 102.6 billion yuan, which contained 258.9 billion yuan in it and the new business was worth 2.1 billion yuan.

From the perspective of the premium structure, the renewal premiums were 70.2 billion yuan, accounting for about 68.4%of the total premiums; the first annual premium of long -term insurance was about 29.5 billion yuan, accounting for 28.7%of the total premiums; The first annual premium of long -term insurance is 41.5%. In terms of insurance structure, the first annual premium of traditional insurance for long -term insurance is about 9.8 billion yuan, accounting for 33.2%of the overall long -term insurance first annual premiums; the first annual premium of dividend insurance for the first annual premium is about 16.9 billion yuan, an increase of 12.2%year -on -year, accounting for long -term insurance leadership 57.2%of the annual premium.

In the first half of 2022, the company's personal life insurance business continued to have a 13 -month continuity rate of 84.3%, and the 25 -month continued rate was 82.7%. The retirement rate from January to June 2022 was 1.0%, which was the same as the same period last year.

Bankbone channel premium growth rate eye -catching insurance group insurance scale is stable

Due to the impact of the epidemic of new crown pneumonia, the development of new business in the first half of the year is under pressure. Under the support of the renewal business, the size of the premium has basically remained stable. As of June 30, the insurance channel achieved premium income of about 69.6 billion yuan. The company actively explores the transformation of marketing teams, continues to carry out manpower and deficiency, and focuses on the development of excellent manpower. As of June 30, 2022, the average per capita comprehensive production capacity of individual insurance agents was 3,840 yuan, an increase of 23.7%year -on -year.

Bankbone channels have strengthened key channel cooperation, and various businesses have maintained a stable growth. As of June 30, 2022, the real estate income was nearly 31.2 billion yuan, a year -on -year increase of 7.8%. Among them, the long -term insurance premiums were about 4.8 billion yuan, and the renewal premiums were about 9.6 billion yuan, a year -on -year growth.

Group channel premium revenue exceeded 1.8 billion yuan, an increase of 2.4%year -on -year. Among them, the short -term insurance premiums accounted for about 96%of the group's short -term insurance premiums, and the scale of short -term insurance premiums increased by 12.0%year -on -year. The company actively serves social and people's livelihood, and the policy health insurance business achieves premium income exceeding 500 million yuan, an increase of 36.3%year -on -year; covering 13.85 million customers, an increase of 228.8%year -on -year.

Investment business Grasp the opportunity net investment income increased by 16% year -on -year

In the first half of this year, in the face of the severe challenges of the domestic capital market, the company's large -scale asset allocation remained basically stable. Under the guidance of the strategic asset allocation, actively allocated long -term assets, lengthening the asset end of the long period, and at the same time flexibly allocated tactical asset allocation, actively grasped to grasp Market opportunities.

As of June 30, the company's investment assets reached 1.14 trillion yuan, an increase of 5.3%over the end of the previous year. The investment amount of debt -type financial assets was 578.5 billion yuan, and the proportion of total investment assets decreased from 53.3%at the end of the previous year to 50.7%. The investment amount of equity financial assets was 291.5 billion yuan. 23.8%increased to 25.6%.

In the first half of the year, the company achieved a net investment income of nearly 24.9 billion yuan, an increase of 3.5 billion yuan from the same period last year, an increase of 16.4%year -on -year; the company's annual net investment yield was 4.7%. The company achieved a total investment income of 22.6 billion yuan; the annualized total investment yield was 4.2%.

Continue to promote rural revitalization and actively assume social responsibility

In order to effectively support the consolidation of the results of poverty alleviation and promote rural rejuvenation, in the first half of 2022, the company allocated 10.4 million yuan to the fixed-point assistance county to support the help of 10.4 million yuan and supported 11 fixed-point assistance projects; from January to June Assisting agricultural products at a fixed -point support for consumption assistance with actual actions; providing anti -poverty insurance for "five types of people" and other "five types of groups" such as CCTV and edge households in Shi Bing County, Guizhou.

Relying on the Xinhua Life Insurance Public Welfare Foundation, the company continues to carry out "Xinhua Insurance Caring for the National Sanitation Workers' Large -scale Public Welfare Actions". As of June 30, the project has covered 158 cities, and has presented an accident insurance insurance for more than 904,000 sanitation workers. In the past five years, the project has accumulated a total of more than 333.3 billion yuan, and a total of 27.605 million yuan has been paid, becoming the largest, most widely covered sanitation workers' public welfare project in China.

The total number of volunteers in the company reached 46,308, which carried out 2,036 volunteer activities such as "Caring Sanitation", "Anti -Strike Epidemic", "Help Double Carbon", "Love Aid", and 81,205 hours in service. Clarify business orientation to promote high -quality transformation and development

At present, the life insurance industry is still in the process of business phase -building and in -depth transformation and adjustment. The logic of business growth has changed. "Chemical division of labor", the industry structure presents the significant characteristics of fragmented, cross -border participation and extensive cooperation. The "regression" and "differentiation", "innovation" and "changes" of products and services have become the way to choose a path for the reconstruction of market value system.

2022 is the first year of the "14th Five -Year Plan" plan of Xinhua Insurance. In the second half of the year, the company will focus on the development of core business in accordance with the business orientation of "stable scale, highlighting value", increase product innovation, focus on improving the quality of the team, strengthen customer service operations, build a strong control compliance barrier, continue to promote the company's high high Quality transformation and development. Bleak

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