Cai Jing Wang·2025-03-24 13:19Group 1 - The core viewpoint of the article highlights that China Taiping reported a significant increase in net profit attributable to shareholders, reaching HKD 8.432 billion for the year ending December 31, 2024, representing a year-on-year growth of 36.2% [1] - The total assets of the group exceeded HKD 1.7 trillion, marking a growth of 14.9% compared to the end of 2023 [1] - The insurance service revenue amounted to HKD 111.3 billion, reflecting a year-on-year increase of 3.5%, while the insurance service performance reached HKD 22.024 billion, up by 18.8% [1] Group 2 - The life insurance business profit surpassed HKD 10 billion, showing an increase of 11.6% year-on-year [1] - The domestic property insurance business profit was HKD 0.804 billion, with a remarkable growth of 831.0% [1] - The reinsurance business profit reached HKD 0.957 billion, up by 187.5%, primarily due to improved net investment performance [1] Group 3 - As of December 2024, the group's investment assets totaled HKD 1.5621 trillion, a growth of 15.8% from the previous year [2] - The net investment income was HKD 50.336 billion, reflecting a year-on-year increase of 12.0%, mainly due to higher bond interest income [2] - The total investment income surged to HKD 66.543 billion, a substantial increase of 98.2% year-on-year, with the total investment return rate at 4.57%, up by 1.91 percentage points compared to the previous year [2]