Why is the structural transformation of life insurance?

Analysts believe that the short-term performance pressure of insurance companies is the main reason to promote the business structure of life insurance market in the first half of the year. "In the long run, there is little difference in the benefits brought by these two types of insurance to policyholders, so there is little difference in the profits obtained by insurance companies." Analysts pointed out that the lack of historical accumulation made it impossible for insurance companies to subsidize universal insurance products with their own funds, and the rate of return on investment was difficult to reach the market-oriented settlement rate, which led insurance companies to abandon universal insurance from the beginning of the year.