中国基金报·2025-10-28 14:02Core Viewpoint - China Ping An reported a significant increase in net profit for the third quarter, with a year-on-year growth of 45.4% and a strong performance in life and health insurance new business value, which grew by 46.2% [2][5][6]. Financial Performance - For the first three quarters of 2025, the group achieved an operating profit attributable to shareholders of 116.264 billion yuan, a year-on-year increase of 7.2%, with a 15.2% growth in the third quarter [5]. - The net profit attributable to shareholders for the first three quarters was 132.856 billion yuan, reflecting an 11.5% year-on-year increase, with a notable 45.4% growth in the third quarter [5]. - As of September 30, 2025, the net assets attributable to shareholders were 986.406 billion yuan, showing a 6.2% increase after dividends, indicating resilience in the balance sheet and sustainable profitability [5]. Insurance Business Growth - The new business value for life and health insurance saw a robust increase of 46.2% in the first three quarters of 2025, with agents' average new business value rising by 29.9% and bank insurance channel new business value soaring by 170.9% [6][7]. - Property insurance performance remained stable, with original insurance premium income reaching 256.247 billion yuan, a 7.1% year-on-year increase, and a comprehensive cost ratio of 97.0%, improving by 0.8 percentage points [7]. Investment Performance - The investment portfolio of insurance funds achieved a non-annualized comprehensive investment return rate of 5.4%, up by 1.0 percentage point year-on-year, with a non-annualized net investment return rate of 2.8% [7]. - The scale of the insurance funds investment portfolio exceeded 6.41 trillion yuan, reflecting an 11.9% growth since the beginning of the year [7]. AI and Ecosystem Development - China Ping An has accumulated a vast database of 30 trillion bytes of data covering nearly 250 million individual customers, leveraging this data to enhance financial services and operational efficiency [8][9]. - The company has implemented AI technologies to improve customer experience, risk control, cost reduction, and sales enhancement, achieving significant automation in claims processing and customer service [9][10]. - AI-driven initiatives have led to a 91.5 billion yuan reduction in losses through fraud prevention and a 23% increase in policy renewal rates [10].