PICC Group proposes mid-year dividend amid strong H1 2025 growth

The People's Insurance Company Group of China (PICC Group) reported a net profit of CNY35.88 billion for the first half of 2025, an increase of 17.8% year-on-year. Total investment income rose by 42.7% to CNY41.48 billion.

The Group also announced a proposed interim cash dividend of CNY0.75 per 10 shares, totaling CNY3.317 billion, marking a 19.0% increase from the previous year. This proposal is subject to shareholder approval and aligns with PICC's "Enhancing Quality, Efficiency, and Shareholder Returns Action Plan."

PICC P&C, the property and casualty insurance segment, achieved a 5.6% rise in insurance service revenue to CNY249.04 billion, with a combined ratio of 95.3%. PICC Life saw insurance service revenue grow by 32.5% to CNY14.018 billion, while PICC Health’s insurance service revenue increased by 13.2% to CNY15.603 billion. These results underscore the Group’s commitment to high-quality development and its efforts to deepen reforms, enhance operational efficiency, and strengthen risk management across its businesses.