Mei Ri Jing Ji Xin Wen·2025-08-27 13:05Core Insights - China Pacific Insurance reported a 7.1% year-on-year increase in insurance service revenue for the first half of 2025, reaching 280.25 billion yuan, and a 6.4% increase in original insurance premium income, totaling 2.45 trillion yuan [1] - The investment asset scale of China Pacific Insurance exceeded 1.7 trillion yuan as of June 30, 2025, reflecting a 7.2% growth since the beginning of the year [1] - The company achieved a net profit of 35.888 billion yuan in the first half of 2025, marking a 17.8% increase year-on-year [2] Business Segments - In the property and casualty insurance segment, original premium income reached 323.282 billion yuan, up 3.6% year-on-year, with a market share of 33.5% [1] - The life insurance segment saw original premium income of 90.513 billion yuan, a 14.5% increase, and a new business value of 4.978 billion yuan, which is a 71.7% increase year-on-year [1] - Health insurance reported original premium income of 40.654 billion yuan, up 12.2%, with first-year premium income growing by 52.3% to 5.626 billion yuan [1] Investment Performance - Total investment income for the first half of 2025 was 41.478 billion yuan, a 42.7% increase, while net investment income rose by 13.2% to 30.324 billion yuan [2] - The annualized total investment return rate was 5.1%, up by 1 percentage point year-on-year, while the annualized net investment return rate slightly decreased by 0.1 percentage points to 3.7% [2] - The three-year average total investment return rate stands at 4.5% [2] Future Outlook - The company anticipates that ongoing policies aimed at stabilizing growth, promoting domestic demand, and expanding investment will provide a solid macroeconomic foundation for the financial insurance industry [3] - The central urban work conference's goals for building a "modernized people's city" are expected to create new policy dividends for the insurance sector, enhancing its role as an economic stabilizer [3] - Innovations driven by new technologies, such as artificial intelligence, are expected to foster further development and innovation within the insurance business [3]