Jin Rong Shi Bao·2025-09-01 01:57Core Insights - China People's Insurance Group Co., Ltd. reported a net profit attributable to shareholders of 26.53 billion yuan for the first half of 2025, representing a year-on-year increase of 16.9% [1] - The company plans to distribute a mid-year cash dividend of 0.75 yuan per 10 shares (tax included), which is a 19.0% increase compared to the previous year [1] Business Performance - The insurance service revenue for the first half of 2025 reached 280.25 billion yuan, up 7.1% year-on-year; original insurance premium income was 454.63 billion yuan, an increase of 6.4% [1] - The investment asset scale grew steadily, surpassing 1.7 trillion yuan as of June 30, 2025, reflecting a 7.2% increase since the beginning of the year [1] Segment Analysis - In the property insurance sector, the market share of PICC Property and Casualty stood at 33.5%, maintaining the industry lead; the comprehensive cost ratio was 95.3%, down 1.5 percentage points year-on-year [2] - In the life insurance sector, the new business value for PICC Life increased by 71.7% year-on-year; the proportion of regular premium income to original insurance premium income was 79.5%, up 0.9 percentage points [2] - The health insurance segment saw a 51.0% year-on-year growth in new business value; first-year regular premium income increased by 52.3%, with internet long-term insurance first-year regular premium income soaring by 110.6% [2] Investment Performance - The total investment income for China People's Insurance Group reached 41.478 billion yuan, a year-on-year increase of 42.7%; the annualized total investment return rate was 5.1%, up 1.0 percentage points year-on-year [2] Financial Strength - As of June 30, 2025, the total assets of China People's Insurance Group were 1,878.495 billion yuan, a 6.3% increase from the end of the previous year; net assets were 389.456 billion yuan, up 6.1% [2] - The comprehensive solvency adequacy ratio was 276%, and the core solvency adequacy ratio was 219%, indicating strong capital strength [2]