Ping An Insurance (Group) Company of China, Ltd. reported an 11.5% year-on-year increase in net profit attributable to shareholders for the first nine months of 2025, reaching RMB132,856 million. Operating profit attributable to shareholders rose 7.2% year-on-year to RMB116,264 million. Total revenue grew by 4.6% to RMB901,668 million, while equity attributable to shareholders stood at RMB986,406 million as of September 30, 2025.

The life and health insurance business recorded a 46.2% year-on-year surge in new business value to RMB35,724 million, supported by a 9.0 percentage point rise in NBV margin based on annualized new premium. Property and casualty insurance premiums grew 7.1% to RMB256,247 million, with the combined ratio improving to 97.0%. The insurance funds investment portfolio delivered a 5.4% unannualized comprehensive investment yield for the reporting period.

Ping An Bank contributed a net profit of RMB38,339 million, while its non-performing loan ratio dipped to 1.05%. The core tier 1 capital adequacy ratio rose 0.40 percentage points to 9.52%. The Group’s retail customer base increased 2.9% year-to-date to nearly 250 million, with continued focus on integrated financial solutions and health and senior care services.

Ping An’s management highlighted steady growth in key areas, high customer retention levels, and robust investment performance. The Group aims to continue advancing its “integrated finance + health and senior care” strategy, supporting core businesses and sustainable, high-quality growth.