China Pacific Insurance reports 13.2% growth in life insurance premiums

Published 18/09/2025, 10:54
China Pacific Insurance reports 13.2% growth in life insurance premiums

SHANGHAI - China Pacific Insurance (Group) Co., Ltd. (CPIC) announced Thursday that its life insurance subsidiary recorded primary premium income of RMB217.050 billion for the first eight months of 2025, representing a year-on-year increase of 13.2%.

According to the company’s statement, China Pacific Life Insurance Co., Ltd. achieved this double-digit growth during the period from January 1 to August 31, 2025. Meanwhile, China Pacific Property Insurance Co., Ltd., another subsidiary of CPIC, reported primary premium income of RMB142.809 billion for the same period, showing a modest year-on-year increase of 0.4%.

The property insurance figures include consolidated data from Pacific Anxin Agricultural Insurance Co., Ltd., a subsidiary of China Pacific Property Insurance.

CPIC noted that the reported premium income figures are unaudited and were prepared in accordance with the PRC Accounting Standards for Business Enterprises and the Regulations regarding the Accounting Treatment of Insurance Contracts of the Ministry of Finance of the People’s Republic of China.

The company, which is incorporated in the People’s Republic of China with limited liability, has its registered office located in Shanghai’s Huangpu District.

The premium income information was disclosed in a press release statement issued by the company.

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