China Pacific Insurance: Solvency Remains Strong After Robust First Half

China Pacific Insurance (Group) Co., Ltd. announced its Q2 2025 solvency, with comprehensive and core solvency margin ratios of 312.73% and 281.31% respectively for Pacific Anxin Agricultural Insurance Co., Ltd. China Pacific Property Insurance Co., Ltd. reported ratios of 240.6% and 195.8%, while Pacific Health Insurance Co., Ltd. reported 218% and 179%. All entities were rated AA at the Integrated Risk Rating (IRR) for Q4 2024 and Q1 2025 by NFRA, meeting regulatory requirements.

The Group's subsidiaries reported varying financial performance. Pacific Anxin Agricultural Insurance Co., Ltd. recorded gross written premiums of 88,997 yuan and net profit of 6,031 yuan in Q2 2025. China Pacific Property Insurance Co., Ltd. saw gross written premiums of 5,051,283 yuan and net profit of 369,466 yuan for Q2 2025. China Pacific Life Insurance Co., Ltd. reported gross written premiums of 6,779,361 yuan and net profits of 1,325,229 yuan for the same period.

Management discussions highlighted a decrease in actual capital for Pacific Anxin Agricultural Insurance Co., Ltd. due to profit distribution, while minimum capital increased. China Pacific Life Insurance Co., Ltd.'s actual capital rose due to future surplus on insurance policies. China Pacific Property Insurance Co., Ltd. experienced a slight increase in actual capital and a rise in minimum capital attributed to risk exposure changes. All entities demonstrated robust liquidity, with LCRs well above regulatory minimums.