China Pacific Insurance released its 2026 interim report, with first-half net profit attributable to the parent of 30.78 billion yuan, up 10.4% year on year. Operating revenue was 212.14 billion yuan, up 5.8% year on year; second-quarter net profit attributable to the parent was 20.73 billion yuan, up 13.6% year on year. On the liability side, as of the end of the second quarter, insurance contract liabilities stood at 2.63 trillion yuan, up 6.67% from the end of the previous year; total liabilities were 2.93 trillion yuan, up 4.20%. On the investment side, first-half total investment income was 66.022 billion yuan, up 16.1% year on year, with a total investment yield of 2.4%; net investment income was 42.768 billion yuan, up 0.5% year on year, with a net investment yield of 1.5%. The value of new business for life insurance was 10.758 billion yuan, up 12.7% year on year, and the new business value margin rose to 17.5%; the combined ratio for property and casualty insurance underwriting was 95.0%, down 1.3 percentage points year on year. The company's total assets were 3.28 trillion yuan, up 4.3% from the end of the previous year.
China Pacific Insurance Group Co LtdNet profit attributable to parent rose 10.4% to 30.78 billion yuan, with strong investment income and improved margins.
