Benefit investment and underwriting contribute to both ends, expanding the profitability of non-listed property and casualty insurance companies.

On March 12, Jinshi Data News, property insurance companies achieved a good operating performance in 2024, with profit expanding. According to the Securities Times reporter’s summary, a total of 75 non-listed property insurance companies disclosed the solvency reports for the fourth quarter of 2024. Among the 74 property insurance companies with comparable data (excluding Shenneng Property Insurance), the total premium income reached 438 billion yuan, a rise of 5.9% year-on-year; the total net profit reached 7.612 billion yuan, a rise of 52.6% year-on-year. The improvement in the profitability of property insurance companies is attributed to contributions from both the investment side and the underwriting side. In addition, the property insurance industry is closely related to the real economy. With a better economic outlook expected this year, the industry remains optimistic about the operating performance of property insurance companies in 2025.