China Pacific Insurance posts strong first half, profit up 11%

China Pacific Insurance Group reported solid performance for the first half of 2025, with total operating revenue increasing by 3.0% to RMB200,496 million and net profit attributable to parent company shareholders rising 11.0% to RMB27,885 million. The Group’s Embedded Value grew by 4.7% to RMB588,927 million, and managed assets reached RMB3,772,961 million, up 6.5%. The Group maintains strong solvency ratios, with a comprehensive solvency adequacy ratio of 264% and a core solvency adequacy ratio of 190%.

The Group actively pursues its "Enhancing Quality, Increasing Efficiency, and Emphasizing Shareholder Returns" action plan, demonstrating progress across its core businesses. Life insurance new business value increased by 32.3%, driven by effective channel transformation and product optimization. Property insurance achieved a 30.9% rise in underwriting profit, with a combined ratio of 96.3%, benefiting from refined management and strategic adjustments. Investments yielded strong returns, with net investment income increasing by 8.9% to RMB42,567 million.

In line with its strategic focus, China Pacific Insurance Group is advancing its "Great Health and Elderly Care," "Internationalization," and "AI+" strategies. The Group is strengthening its financial services capabilities, enhancing risk management, and committing to sustainable, high-quality development, aiming to be a market-leading insurance and financial services group with global competitiveness.