PICC Property & Casualty Co Class H ( (PPCCF) ) has released its Q2 earnings. Here is a breakdown of the information PICC Property & Casualty Co Class H presented to its investors.
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PICC Property & Casualty Co Class H, the largest property and casualty insurance company in China, operates in various insurance sectors including motor vehicle, commercial property, and agriculture insurance. In its latest earnings report for the first half of 2025, the company reported a solid financial performance with a 32.3% increase in net profit to RMB 24,455 million, driven by a 3.6% rise in original insurance premium income and a 44.6% increase in underwriting profit. The company also achieved a significant growth in investment income, which rose by 26.6% year-on-year. Key performance metrics include a combined ratio of 94.8% and a comprehensive solvency margin ratio of 235.4%. Looking ahead, PICC Property & Casualty remains focused on enhancing its product offerings and operational efficiency while continuing to support national priorities and expand its market presence both domestically and internationally.