Sunshine Insurance (06963) has announced its interim results for the first half of 2026, reporting a net profit attributable to shareholders of 4.694 billion yuan, marking a year-on-year increase of 38.5%.

The company's insurance service revenue reached 32.355 billion yuan, a slight decrease of 0.3% compared to the same period last year, while total premium income climbed 12.5% to 90.906 billion yuan. Earnings per share stood at 0.41 yuan.

The group's embedded value reached 129.43 billion yuan, reflecting a 7.2% growth from the end of the previous year. As of the end of June 2026, the company served 32.127 million active customers.

During the first half of 2026, Sunshine Life achieved total premium income of 67.16 billion yuan, up 21.1% year-on-year, and generated new business value of 4.66 billion yuan, representing a 16.4% increase.

Meanwhile, Sunshine Property & Casualty recorded original premium income of 23.62 billion yuan, down 6.5% year-on-year, primarily due to the company's decision to stop adding new financing-type guarantee insurance business in 2026. Excluding guarantee insurance, original premium income grew 5.3% to 24.01 billion yuan.

The property and casualty segment posted a net profit of 800 million yuan, up 55.1% from a year earlier. The comprehensive cost ratio improved to 98.7%, down 0.1 percentage points year-on-year, while underwriting profit rose 8.3% to 310 million yuan.