PICC P&C Reports Net Profit of 24.455 Billion Yuan in H1 2025, Up 32.3% YoY

Deep News
Aug 27

PICC P&C released its unaudited interim results announcement for the six months ended June 30, 2025. According to the data, in the first half of 2025, the company achieved original insurance premium income of 323.282 billion yuan, representing a year-on-year increase of 3.6%. Insurance service income reached 249.04 billion yuan, up 5.6% year-on-year. Underwriting profit totaled 13.015 billion yuan, surging 44.6% year-on-year. Net profit amounted to 24.455 billion yuan, up 32.3% year-on-year. Total assets reached 804.605 billion yuan, rising 3.4% from the beginning of the year. Total liabilities stood at 523.544 billion yuan, increasing 1.1% from the beginning of the year. Total equity was 281.061 billion yuan, growing 7.8% from the beginning of the year. The comprehensive solvency adequacy ratio was 235.4%, up 2.8 percentage points from the beginning of the year. The core solvency adequacy ratio was 213.2%, rising 2.2 percentage points from the beginning of the year. The company proposed an interim dividend of 0.24 yuan per share, representing a 15.4% year-on-year increase.

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