Core Insights - The five listed insurance companies in A-shares reported a total net profit of 426.04 billion yuan for the first three quarters, with a daily profit of 1.56 billion yuan, driven by stable growth in investment income and new business value [1][3] Group 1: Profit Performance - The total net profit of the five listed insurance companies increased by 33.54% year-on-year, with China Life achieving the largest profit of 167.80 billion yuan, a 60.5% increase [3] - Other companies reported net profits as follows: China Ping An at 132.86 billion yuan (up 11.5%), China Pacific Insurance at 45.70 billion yuan (up 19.3%), China Property & Casualty Insurance at 46.82 billion yuan (up 28.9%), and New China Life at 32.86 billion yuan (up 58.9%) [3] - The significant increase in net profit is attributed to the strong performance of the capital market, which boosted investment income [3] Group 2: Investment Income - The comprehensive investment return rate for several insurance companies exceeded 5%, with China Ping An reporting a non-annualized comprehensive investment return rate of 5.4%, an increase of 1.0 percentage points year-on-year [4] - Companies are actively responding to regulatory policies encouraging long-term capital market investments, with China Life and New China Life both reporting substantial increases in investment income due to favorable market conditions [4][5] - Analysts predict that while the stock market is expected to grow moderately, there are still investment opportunities in the bond market despite fluctuations [4] Group 3: New Business Value - New business value, a key indicator of growth potential and operational quality for life insurance companies, showed significant growth across the board, with China Property & Casualty Insurance reporting a 76.6% increase [5][6] - The improvement in new business value is attributed to changes in the market interest rate environment and strategic adjustments by insurance companies [6] - The adjustment of preset interest rates for various insurance products is expected to impact the attractiveness of new policies in the short term but may help reduce rigid costs and enhance new business value rates in the long term [7] Group 4: Non-Motor Insurance Business - The comprehensive cost ratios for major property insurance companies have continued to decline, with China Ping An at 97.0%, China Property & Casualty Insurance at 96.1%, and China Pacific Insurance at 97.6%, all showing improvements compared to the previous year [8] - The non-motor insurance business has historically faced challenges, with high cost ratios leading to underwriting losses, particularly in commercial property and liability insurance [8] - The recent regulatory notice on non-motor insurance business aims to enhance rate management and improve overall underwriting performance, which is expected to lower cost ratios for major insurers [9]

Core Insights - The company reported a total operating revenue of 196.976 billion yuan for the third quarter, representing a year-on-year increase of 11.1% [1] - The net profit attributable to shareholders of the parent company for the third quarter was 20.292 billion yuan, showing a year-on-year growth of 48.7% [1] - For the first three quarters, the total operating revenue reached 520.99 billion yuan, with a year-on-year increase of 10.9% [1] - The net profit attributable to shareholders of the parent company for the first three quarters was 46.822 billion yuan, reflecting a year-on-year growth of 28.9% [1]

Core Insights - China People's Insurance Group Co., Ltd. reported its Q3 2025 results, highlighting significant growth in both insurance service revenue and net profit [1] Financial Performance - Insurance service revenue reached 23.238 billion yuan, reflecting a year-on-year increase of 12.9% [1] - Net profit amounted to 7.856 billion yuan, showing a substantial year-on-year growth of 41.0% [1]

北京商报讯（记者 胡永新）10月30日，中国人民保险集团股份有限公司发布2025年第三季度报告。报 告显示，报告期内，人保寿险实现保险服务收入197.86亿元，同比增长18.2%；实现净利润139.74亿 元；新业务价值可比口径同比增长76.6%。 ...

Core Viewpoint - China People's Insurance Group Co., Ltd. (China PICC) reported a positive business development and improved operational efficiency in its Q3 2025 report, indicating strong growth in both revenue and profit [1] Financial Performance - Insurance service revenue for the first three quarters of 2025 reached 431.39 billion yuan, representing a year-on-year increase of 6.8% [1] - Net profit attributable to shareholders of the parent company was 46.82 billion yuan, showing a year-on-year growth of 28.9% [1] Equity and Shareholder Value - As of September 30, 2025, total equity for China PICC stood at 427.836 billion yuan, an increase of 16.5% compared to the end of the previous year [1] - The net asset value per share attributable to shareholders of the parent company was 7.10 yuan, reflecting a growth of 16.9% from the end of the previous year [1]

Core Insights - China People's Insurance Group Co., Ltd. reported a 5.9% year-on-year increase in insurance service revenue, reaching 385.92 billion yuan in Q3 2025 [1] - The company achieved an underwriting profit of 14.87 billion yuan, a significant increase of 130.7% year-on-year, due to enhanced operational management and cost efficiency [1] - The comprehensive cost ratio improved to 96.1%, reflecting a decrease of 2.1 percentage points compared to the previous year [1] - Net profit for the period was 40.27 billion yuan, marking a 50.5% year-on-year growth [1]

Core Viewpoint - China People's Insurance Group (01339) announced a mid-term dividend of HKD 0.08220241 per share for the six months ending June 30, 2025, to be distributed on December 12, 2025 [1] Company Summary - The company will distribute the mid-term dividend on December 12, 2025 [1] - The dividend amount is set at HKD 0.08220241 per share [1] - The dividend pertains to the financial period ending June 30, 2025 [1]

Core Viewpoint - China People's Insurance Group (01339) announced the distribution of an interim dividend of HKD 0.08220241 per share for the six months ending June 30, 2025, to be paid on December 12, 2025 [1] Company Summary - The interim dividend is set at HKD 0.08220241 per share [1]

Core Insights - China People's Insurance Group Co., Ltd. (China PIC) reported a 6.8% year-on-year increase in insurance service revenue for the first three quarters of 2025, totaling CNY 431.34 billion [1] - The company's total operating revenue reached CNY 520.99 billion, reflecting a 10.9% year-on-year growth [1] - Net profit attributable to shareholders increased by 28.9% year-on-year, amounting to CNY 46.82 billion [1] Segment Performance - In the first three quarters, China PIC's property and casualty insurance segment generated insurance service revenue of CNY 385.92 billion, a 5.9% increase year-on-year [2] - The underwriting profit for this segment was CNY 14.87 billion, showing a significant growth of 130.7% [2] - The combined cost ratio improved to 96.1%, down by 2.1 percentage points year-on-year [2] - Net profit for the property and casualty segment rose by 50.5% year-on-year to CNY 40.27 billion [2] Business Lines - The auto insurance segment reported original insurance premium income of CNY 220.12 billion, a 3.1% increase year-on-year [2] - In non-auto insurance, agricultural insurance premium income decreased by 3.1%, while accident and health insurance, liability insurance, corporate property insurance, and other insurance types grew by 8.4%, 1.1%, 5.1%, and 4.5% respectively [2] - The life insurance segment achieved insurance service revenue of CNY 19.79 billion, an 18.2% increase year-on-year, but net profit decreased by 10.32% to CNY 13.97 billion [2] - New business value for life insurance grew significantly by 76.6% year-on-year [2] - Health insurance revenue reached CNY 23.24 billion, up 12.9% year-on-year, with net profit increasing by 41.0% to CNY 7.86 billion [2] Investment Performance - In the third quarter, total investment income was CNY 86.25 billion, a 35.3% increase year-on-year [2] - The total investment yield improved to 5.4%, up by 0.8 percentage points year-on-year [2] - Total investment assets grew by 11.2% from the beginning of the year, reaching CNY 1,825.65 billion [2]

海外監管公告 本公告乃中國人民保險集團股份有限公司根據《香港聯合交易所有限公司證券上市規則》 第13.10B條的披露義務而作出。 。 容而產生或因倚賴該等內容而引致的任何損失承擔任何責任 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1339） 茲載列該公告如下，僅供參閱。 承董事會命 中國人民保險集團股份有限公司 丁向群 董事长 中國北京，二零二五年十月 十日 於本公告日，公司執行董事為丁向群女士、趙鵬先生及肖建友先生，非執行董事 為徐向先生、王少群先生、喻強先生及宋洪軍先生，獨立非執行董事為邵善波先 生、徐麗娜女士、王鵬程先生及高平陽先生。 FANGDA PARTNERS 27/F, North Tower, Beijing Kerry Centre 1 Guanghua Road, Chaoyang District Beijing 100020, PRC 上海市方达（北京）律师事务所 关于中国人民保险集团股份有限公司 2025 年第二次临时 ...