Financial Performance Highlights - Group operating income reached RMB 200496 billion, a 30% increase[6] - Group OPAT (Operating Profit Attributable to shareholders of the Parent) increased by 71% to RMB 19909 billion[6] - Group net profit increased by 110% to RMB 27885 billion[6] - Group embedded value (EV) grew by 47% to RMB 588927 billion[6] - Group Assets under Management (AuM) increased by 65% to RMB 3772961 billion[6] Solvency Position - CPIC Group's Comprehensive Solvency Margin Ratio increased by 8 percentage points to 264%[9] - CPIC Group's Core Solvency Margin Ratio increased by 8 percentage points to 190%[9] - CPIC Life's Comprehensive Solvency Margin Ratio increased by 6 percentage points to 215%[9] - CPIC Life's Core Solvency Margin Ratio increased by 5 percentage points to 136%[9] - CPIC P/C's Comprehensive Solvency Margin Ratio increased by 13 percentage points to 241%[9] - CPIC P/C's Core Solvency Margin Ratio increased by 19 percentage points to 196%[9] Life Insurance Performance - New Business Value (NBV) increased significantly by 323% to RMB 9544 million[26] - First-year premiums increased by 287% to RMB 193470 million[26] - Bancassurance NBV increased substantially by 1561% to RMB 3604 million[31] Property and Casualty Insurance Performance - Primary premium income for auto insurance increased by 28% to RMB 53606 million[34] - Primary premium income for non-auto insurance decreased by 08% to RMB 59154 million[34] - The underwriting combined ratio for auto insurance improved by 18 percentage points to 953%[37] - The underwriting combined ratio for non-auto insurance improved by 23 percentage points to 948%[39] Asset Management - Group in-house investment assets increased by 70% to RMB 2924728 million[42] - Third-party AuM increased by 50% to RMB 848233 million[42]
中国太保(02601) - 2025 H1 - 电话会议演示