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China Galaxy Securities: In March, the growth rate of premium income returned to positive, and the year-on-year decline in life insurance narrowed.
The current reduction in deposit interest rates enhances the advantages of savings-type products. Although the growth rate of life insurance premiums has slowed down temporarily, the overall trend remains positive; policies that boost consumption-related factors are driving an expansion in expectations for the Passenger Vehicle sales market, which is Bullish for the continued growth of property insurance premiums.
SUNSHINE INS (06963) subsidiary SUNSHINE Life's net income in the first quarter was 1.439 billion yuan.
SUNSHINE INS (06963) announces that its subsidiary, SUNSHINE LIFE, as of March 31, 2025...
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