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China’s participating life insurance premiums top 1 trillion yuan in H1

China’s participating life insurance (dividend insurance) premiums exceeded 1 trillion yuan in the first half of the year, up 94.4% year-on-year, as banks steer depositors toward higher-yield products amid falling deposit rates. Major listed insurers are rapidly shifting their product lines toward participating policies, with new premium payment ratios exceeding 50% becoming common.

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