PICC Group (01339) announced its financial results for the first three quarters of 2025, with total operating revenue reaching approximately RMB520.99 billion, marking a 10.9% year-on-year increase. Net profit attributable to shareholders of the parent company stood at RMB46.822 billion, up 28.9% compared to the same period last year. Basic earnings per share were RMB1.06.

During the reporting period, PICC Property and Casualty Company recorded insurance service revenue of RMB385.921 billion, a 5.9% YoY growth. The subsidiary enhanced operational efficiency through refined cost management, improved underwriting and claims settlement quality, and optimized expense allocation, achieving underwriting profit of RMB14.865 billion—a 130.7% surge YoY. Its combined ratio improved by 2.1 percentage points to 96.1%, while net profit jumped 50.5% to RMB40.268 billion.

PICC Life reported insurance service revenue of RMB19.786 billion, an 18.2% YoY increase, with net profit reaching RMB13.974 billion. New business value under comparable standards grew 76.6% YoY. Meanwhile, PICC Health saw insurance service revenue rise 12.9% to RMB23.238 billion, with net profit climbing 41.0% to RMB7.856 billion.