In the first eight months, universal life insurance premiums reached nearly 500 billion yuan, a year-on-year increase of 8.4%.
Recently, the National Financial Regulatory Administration released the operating conditions of life insurance companies for the first eight months of this year. Data shows that in the first eight months of this year, life insurance companies achieved 497.3 billion yuan in new contributions to policyholder investment funds, a year-on-year increase of 8.4%, maintaining a relatively high growth rate. Interviewed experts said that the continued growth of universal life insurance premiums is mainly affected by factors such as rising demand for safe-haven funds, released savings demand, and product characteristics.
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