Core Insights - China Ping An Insurance Group Co., Ltd. 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 growth in this segment [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 saw a 7.1% increase in original insurance premium income, totaling RMB 171.857 billion [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 by 0.3% to 2.94 [2] - The retention rate for customers with service time of five years or more is 94.6% [3] Strategic Initiatives - The company is advancing its "Integrated Finance + Medical and Elderly Care" strategy, with a focus on enhancing service capabilities and technological applications [2] - The "Tianping An" insurance and service solution was launched, along with an upgraded global emergency rescue service [2] - The company has achieved 100% coverage of top hospitals in China through supply-side integration [3] Social Responsibility and Brand Value - As of June 30, 2025, the company has invested nearly RMB 10.8 trillion to support the real economy, with green investment totaling RMB 144.482 billion [4] - Ping An ranked 47th in the Fortune Global 500 and 9th among global financial companies, maintaining its position as the top Chinese insurance company in the Forbes Global 2000 [4] - The company has been recognized as the top brand in the global insurance brand value rankings for nine consecutive years [4]
中国平安:上半年归母营运利润同比增长3.7%