People’s Insurance Group reports strong interim results, boosts dividend

The People’s Insurance Company (Group) of China Limited (HKEX:1339) reported a net profit of RMB36,155 million for the six months ended June 30, 2025, a 14.8% year-on-year increase. Net profit attributable to owners of the Company rose by 14.0% to RMB26,671 million. Total operating income reached RMB324,122 million, up 10.9% from the previous year, with insurance revenue at RMB280,250 million, a 7.1% increase. Total assets grew by 6.3% to RMB1,878,102 million, and net assets increased by 6.3% to RMB390,638 million.

The board proposed an interim dividend of RMB0.075 per share (tax inclusive) for the period, totaling approximately RMB3,317 million. This proposal, representing a 19.0% year-on-year increase in dividend per 10 shares, will be subject to shareholder approval at a general meeting, with an expected payment date around January 16, 2026.

Key operating highlights included a 7.1% rise in insurance revenue and a 6.4% increase in original premiums income to RMB454,625 million. The group’s investment assets exceeded RMB1.7 trillion, reflecting a 7.2% growth from the start of the year. The comprehensive solvency margin ratio stood at 276%, with a core solvency margin ratio of 219%, indicating strong capital health.