CPIC Reports Premium Income Growth in H1 2025
Why we think this is neutral
The RNS announcement provides an update on the premium income performance of CPIC's life insurance and property insurance subsidiaries for the first half of 2025. While the numbers show year-on-year growth, the announcement does not contain any information that would significantly impact the company's outlook or valuation.
Key Points
- CPIC Life's accumulated primary premium income grew 9.7% year-on-year to RMB168.009 billion
- CPIC Property's accumulated primary premium income grew 0.9% year-on-year to RMB113.999 billion
Summary
The insurance group reports growth in premium income for its life and property insurance businesses in the first half of 2025.
China Pacific Insurance (Group) Co., Ltd. (CPIC) has announced its premium income figures for the first half of 2025. CPIC Life, the group's life insurance subsidiary, saw a 9.7% year-on-year increase in accumulated primary premium income to RMB168.009 billion. CPIC Property, the group's property insurance subsidiary, reported a 0.9% year-on-year increase in accumulated primary premium income to RMB113.999 billion.
GENERAL UPDATE