This study investigated the structural performance of precast concrete insulated sandwich panels with cruciform cross section glass fiber-reinforced polymer (GFRP) connectors, based on tensile and shear tests. 5 tensile specimens and 4 shear specimens were fabricated and tested. The load-displacement relation and failure mode of the specimens were analyzed. The results revealed that the average ultimate tension load of the tested specimens with single GFRP connector was 13.14kN with concrete splitting or concrete partial cone failure. For the shear specimens, the average ultimate shear load was 14.83kN with rupture failure of GFRP connector. Furthermore, durability of sandwich panels was investigated, by fabricating and testing 48 tensile specimens with GFRP connectors immersed in 30°C and 60°C alkaline solution for 30d, 60d, 90d, 120d, 150d and 180d. The results indicated that aging of GFRP connectors in alkaline environment would not reduce, but slightly increase the load capacity of the tensile specimens. In addition, safety evaluation of precast concrete sandwich panels was conducted based on the data of structural performance tests. The result showed that the sandwich panels with GFRP connector subjected to combined shear and tension load had sufficient safety in different design situations.