Reported 7 months ago
In a cash premium battle in the life insurance industry, the six major life insurance companies acquired 38.1 billion yuan in new contract premiums in May, with an estimated total industry performance of nearly 68 billion yuan. About 60% of this figure comes from profit-linked life insurance and dividend policies. The industry's aggregate new contract premiums for the first five months of the year are expected to surpass 300 billion yuan, with a 12% annual growth rate, marking a return to double-digit premium growth. Leading companies include Cathay Life, Fubon, Nan Shan, Shin Kong, KGI, and Taiwan Life.
Source: YAHOO