Huize Holding Limited reports first quarter 2026 operating metrics, showing growth in premiums and customer acquisition.
Quiver AI Summary
Huize Holding Limited, a prominent insurance technology platform in Asia, announced key operating metrics for the first quarter ending March 31, 2026. The company recorded first year premiums of RMB 1,110.5 million, an increase from RMB 730.4 million the previous year, while renewal premiums decreased to RMB 611.2 million from RMB 706.8 million. Overall gross written premiums rose to RMB 1,771.6 million compared to RMB 1,437.3 million in 2025. Huize acquired 506,000 new customers, bringing the total to 12.8 million, and reported high persistency ratios of 97.2% for 13 months and 98.9% for 25 months. Huize focuses on digital solutions for consumers, insurance carriers, and distribution partners, leveraging AI and data analytics to enhance the insurance service chain. The company issued forward-looking statements regarding its business strategies and market conditions, with a note on potential risks involved.
Potential Positives
- Significant increase in first year premiums (FYP) to RMB 1,110.5 million from RMB 730.4 million year-over-year, highlighting strong business growth.
- Acquisition of 506,000 new customers in the first quarter, a notable increase compared to 389,000 in the same period last year, indicating effective customer engagement strategies.
- Gross written premiums (GWP) rose to RMB 1,771.6 million, a substantial increase from RMB 1,437.3 million, reflecting enhanced market performance.
- High persistency ratios of 97.2% for 13 months and 98.9% for 25 months, which are indicative of customer satisfaction and loyalty to the company's products and services.
Potential Negatives
- Renewal premiums decreased from 706.8 million in Q1 2025 to 611.2 million in Q1 2026, indicating a potential decline in customer retention.
- There is uncertainty regarding future business development and results, as highlighted by the emphasis on forward-looking statements and inherent risks in the announcement.
- The decline in the 13-month and 25-month persistency ratios compared to the previous year may suggest challenges in maintaining customer loyalty over time.
FAQ
What are Huize Holding's key operating metrics for Q1 2026?
For Q1 2026, Huize reported first year premiums of RMB 1,110.5 million and gross written premiums of RMB 1,771.6 million.
How many new customers did Huize acquire in Q1 2026?
Huize acquired 506,000 new customers in the first quarter of 2026.
What is the 13-month persistency ratio for Huize as of February 28, 2026?
The 13-month persistency ratio for Huize is 97.2% as of February 28, 2026.
How does Huize utilize technology in their services?
Huize leverages AI, data analytics, and digital capabilities to enhance insurance consultation, marketing, risk management, and claims services.
Where can I find more information about Huize Holding Limited?
Additional information about Huize can be found at http://ir.huize.com and their social media profiles on LinkedIn and X.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HUIZ Insider Trading Activity
$HUIZ insiders have traded $HUIZ stock on the open market 9 times in the past 6 months. Of those trades, 9 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $HUIZ stock by insiders over the last 6 months:
- CUNJUN MA (Chief Executive Officer) has made 9 purchases buying 7,863,650 shares for an estimated $147,771 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HUIZ Hedge Fund Activity
We have seen 4 institutional investors add shares of $HUIZ stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 43,476 shares (+inf%) to their portfolio in Q1 2026, for an estimated $52,605
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 18,982 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $22,968
- SMARTHARVEST PORTFOLIOS, LLC removed 11,993 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,511
- TWO SIGMA ADVISERS, LP added 10,502 shares (+inf%) to their portfolio in Q4 2025, for an estimated $29,510
- TWO SIGMA INVESTMENTS, LP added 8,602 shares (+58.5%) to their portfolio in Q1 2026, for an estimated $10,408
- MORGAN STANLEY removed 2,104 shares (-41.9%) from their portfolio in Q1 2026, for an estimated $2,545
- UBS GROUP AG added 181 shares (+90.5%) to their portfolio in Q1 2026, for an estimated $219
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
SHENZHEN, China, May 20, 2026 (GLOBE NEWSWIRE) -- Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers, and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced select operating metrics for the first quarter ended March 31, 2026.
Select Operating Metrics for the First Quarter of 2026
|
RMB, except for number of customers and persistency ratios
|
For the three months ended March 31 | |
|
2026
|
2025
|
|
| First year premiums (“FYP”) | 1,110.5 million | 730.4 million |
| Renewal premiums | 611.2 million | 706.8 million |
| Gross written premiums (“GWP”) | 1,771.6 million | 1,437.3 million |
| New customers acquired | 506,000 | 389,000 |
| Accumulated customers | 12.8 million | 11.0 million |
| 13-month persistency ratios (%) | 97.2%* | 97.8% |
| 25-month persistency ratios (%) | 98.9%* | 98.1% |
* 2026 13-month and 25-month persistency ratios are updated as of February 28, 2026.
About Huize Holding Limited
Huize Holding Limited is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia. Targeting mass affluent consumers, Huize is dedicated to serving consumers for their life-long insurance needs. Its online-to-offline integrated insurance ecosystem covers the entire insurance life cycle and offers consumers a wide spectrum of insurance products, one-stop services, and a streamlined transaction experience across all scenarios. By leveraging AI, data analytics, and digital capabilities, Huize empowers the insurance service chain with proprietary technology-enabled solutions for insurance consultation, user engagement, marketing, risk management, and claims service.
For more information, please visit http://ir.huize.com or follow us on social media via LinkedIn (https://www.linkedin.com/company/huize-holding-limited), X (https://x.com/huizeholding) and Webull (https://www.webull.com/quote/nasdaq-huiz).
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Huize’s beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, business outlook and quotations from management in this announcement, contain forward-looking statements. Huize may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huize’s goal and strategies; Huize’s expansion plans; Huize’s future business development, financial condition and results of operations; Huize’s expectation regarding the demand for, and market acceptance of, its online insurance products; Huize’s expectations regarding its relationship with insurer partners and insurance clients and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing.
Further information regarding these and other risks is included in Huize’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Huize does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
Investor Relations
[email protected]
Media Relations
[email protected]
Christensen Advisory
In China
Ms. Dolly Zhang
Phone: +852 6996 4179
Email: [email protected]