China Pacific Insurance sees premium income growth

China Pacific Insurance (Group) Co., Ltd. (HKEX: 2601) announced a substantial increase in its premium income. During the period from January 1, 2025, to February 28, 2025, China Pacific Life Insurance Co., Ltd. saw its accumulated primary premium income rise to RMB69.006 billion, marking a 9.1% year-on-year increase. China Pacific Property Insurance Co., Ltd., also reported growth, with its accumulated primary premium income reaching RMB39.718 billion, representing a 1.9% year-on-year increase. The figures are unaudited. The primary premium income was prepared in accordance with accounting standards for business enterprises and regulations regarding the accounting treatment of insurance contracts of the Ministry of Finance of the People's Republic of China. The company's board, including Executive Directors FU Fan and ZHAO Yonggang, released the announcement from Hong Kong on March 15, 2025.