Huize (NASDAQ: HUIZ) reports Q1 2026 premiums, customers and persistency
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Huize Holding Limited reported select operating metrics for the first quarter ended March 31, 2026. First year premiums reached RMB 1,110.5 million, compared with RMB 730.4 million a year earlier, while gross written premiums were RMB 1,771.6 million versus RMB 1,437.3 million.
Renewal premiums were RMB 611.2 million, compared with RMB 706.8 million in the prior-year period. Huize acquired 506,000 new customers compared with 389,000 a year earlier, and its accumulated customers increased to 12.8 million from 11.0 million. Thirteen‑ and twenty‑five‑month persistency ratios remained high, both around 97–99%.
Positive
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Negative
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Key Figures
First year premiums: RMB 1,110.5 million
First year premiums prior year: RMB 730.4 million
Renewal premiums: RMB 611.2 million
+5 more
8 metrics
First year premiums
RMB 1,110.5 million
For the three months ended March 31, 2026
First year premiums prior year
RMB 730.4 million
For the three months ended March 31, 2025
Renewal premiums
RMB 611.2 million
For the three months ended March 31, 2026
Gross written premiums
RMB 1,771.6 million
For the three months ended March 31, 2026
New customers acquired
506,000 customers
For the three months ended March 31, 2026
Accumulated customers
12.8 million customers
As of the end of Q1 2026
13-month persistency ratio
97.2%
For the three months ended March 31, 2026
25-month persistency ratio
98.9%
For the three months ended March 31, 2026
Key Terms
First year premiums, Gross written premiums, persistency ratios, insurance technology platform, +2 more
6 terms
persistency ratios financial
"13-month persistency ratios (%) | | 97.2%* | | 97.8%"
Persistency ratios measure the share of insurance policies or premium volume that remain active over a specified period (for example, 12 or 24 months) rather than being cancelled, surrendered, or lapsing. They matter to investors because higher persistency signals steadier, more predictable revenue and lower customer replacement costs—like a subscription service that keeps renewals—while poor persistency can indicate product, pricing, or distribution problems that hurt future earnings.
insurance technology platform financial
"a leading insurance technology platform connecting consumers, insurance carriers, and distribution partners"
Safe Harbor Statement regulatory
"Safe Harbor Statement This announcement contains forward-looking statements."
A safe harbor statement is a disclaimer that companies include in their public disclosures to limit legal liability if future results differ from what was forecasted or expected. It acts like a protective shield, helping companies avoid lawsuits if their predictions don’t come true, and gives investors a clearer understanding that certain statements are forward-looking and involve risks.
forward-looking statements regulatory
"These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
How many new and accumulated customers did Huize (HUIZ) have in Q1 2026?
Huize acquired 506,000 new customers in Q1 2026, compared with 389,000 a year earlier. Accumulated customers reached 12.8 million, up from 11.0 million in Q1 2025, reflecting ongoing expansion of its user base on the insurance technology platform.
What persistency ratios did Huize (HUIZ) report for Q1 2026?
Huize reported a 13‑month persistency ratio of 97.2% and a 25‑month persistency ratio of 98.9% for Q1 2026. These ratios, compared with 97.8% and 98.1% respectively a year earlier, indicate strong policy retention over time.
What is the focus of Huize (HUIZ) as an insurance technology platform?
Huize focuses on being a data‑driven, AI‑powered insurance technology platform in Asia. It connects consumers, insurance carriers, and distribution partners, targeting mass affluent customers and supporting the full insurance life cycle from consultation to claims through digital and online‑to‑offline services.