Ren Min Wang·2025-08-27 01:52Core Insights - China Ping An Insurance Group reported a 3.7% year-on-year increase in operating profit to RMB 77.732 billion for the first half of 2025, with net profit reaching RMB 68.047 billion [1] - The company announced a stable cash dividend of RMB 0.95 per share, reflecting a 2.2% increase compared to the previous year [1] - The new business value for life and health insurance grew by 39.8% year-on-year in the first half of 2025, indicating strong multi-channel development [1] Financial Performance - The investment portfolio achieved a non-annualized comprehensive investment return of 3.1%, up 0.3 percentage points year-on-year [3] - The average net investment return over the past 10 years stands at 5.0%, while the average comprehensive investment return is 5.1% [3] - The property insurance segment reported a premium income of RMB 171.857 billion, a 7.1% increase year-on-year, with a combined ratio of 95.2%, improving by 2.6 percentage points [2] Customer Growth and Engagement - As of June 30, 2025, the number of individual customers reached approximately 247 million, a 4.6% increase from the previous year [2] - The average number of contracts held per customer increased to 2.94, up 0.3% year-on-year [2] - The retention rate for customers with five or more years of service is 94.6%, with 73.8% of customers having been with the company for over five years [3] Strategic Initiatives - The "Comprehensive Finance + Medical Elderly Care" strategy is being advanced, with the launch of the "Tianping An" insurance and service solution [2] - The company has achieved 100% coverage of top hospitals in China for its medical and elderly care services [3] - Ping An aims to enhance its core competitiveness through differentiated services and a focus on digital transformation [4] Social Responsibility and Brand Value - The company has invested nearly RMB 10.8 trillion to support the real economy and has a green investment scale of RMB 144.482 billion [4] - Ping An ranked 47th in the Fortune Global 500 and 27th in the Forbes Global 2000, maintaining its position as the top Chinese insurance company [4] - The company has been recognized as the number one global insurance brand for nine consecutive years by Brand Finance [4]