Traditional Insurance Agents Contribute up to 12.8 Billion in May, Setting a New Premium Record

Reported 8 months ago

In May, traditional insurance agents contributed up to 12.8 billion in new life insurance contract premiums, marking a new high in history. Their year-on-year growth in premiums for the first five months increased by 12%, surpassing bank channels and insurance agents whose growth was 18% and 1% respectively. The share of new premium income through traditional insurance agents rose from 7%-9% to 19%, highlighting their key role in the industry's growth this year.

Source: YAHOO

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