China Pacific Insurance reports strong Q3 profit growth

China Pacific Insurance (Group) Co., Ltd. reported a substantial increase in financial performance for the third quarter of 2025. Operating income reached RMB144,408 million, up 24.6% from the same period in 2024. Profit before tax surged by 85.7% to RMB27,887 million, while net profit attributable to shareholders of the parent company rose 35.2% to RMB17,815 million. Basic earnings per share for the quarter were RMB1.85, a 35.2% increase year-on-year.

For the nine months ended September 30, 2025, the company's operating income grew 11.1% to RMB344,904 million, with net profit up 19.3% to RMB45,700 million. Total assets as of September 30, 2025, were RMB3,077,640 million, an 8.6% increase from December 31, 2024.

The company's insurance revenue for the first three quarters of 2025 was RMB216.894 billion, up 3.6% year-on-year. CPIC Life contributed RMB63.980 billion, up 2.6%, and CPIC P/C contributed RMB150.806 billion, a 3.5% increase. Investment assets reached RMB2,974.784 billion, an 8.8% increase since the end of 2024, with total investment yield at 5.2%, up 0.5pt year-on-year.