China Pacific Insurance reports robust first-half growth in 2025

For the first half of 2025, China Pacific Insurance (Group) Co., Ltd. achieved a total operating income of RMB200.496 bn, marking a 3.0% year-on-year increase. Insurance revenue specifically grew by 3.5% to RMB141.824 bn. The Group’s net profit attributable to shareholders rose 11.0% to RMB27.885 bn, with operating profit attributable to shareholders (OPAT) increasing by 7.1% to RMB19.909 bn. Group embedded value reached RMB588.927 bn, up 4.7% from the end of 2024.

The life insurance business reported a 5.6% year-on-year growth in new business value (NBV) to RMB9.544 bn. Property and casualty insurance saw an improved underwriting combined ratio of 96.4%, down 0.7 percentage points from the first half of 2024, contributing to underwriting profits of RMB3.550 bn, a 30.9% increase.

As of June 30, 2025, Group assets under management (AuM) increased by 6.5% to RMB3,772.961 bn, with third-party AuM growing 5.0% to RMB848.233 bn. The comprehensive investment yield for Group investment assets was 2.4%, a decrease of 0.6 percentage points year-on-year.