PICC P&C (02328) announced its financial results for the first nine months of 2025, reporting operating revenue of RMB 423.01 billion, a year-on-year increase of 7.84%. Net profit reached approximately RMB 40.27 billion, up 50.53% compared to the same period last year.

During the first three quarters of 2025, the company achieved gross written premiums of RMB 443.18 billion, rising 3.5% year-on-year. Insurance service income totaled RMB 385.92 billion, up 5.9%, with motor vehicle insurance contributing RMB 227.63 billion (a 3.7% increase) and non-motor insurance generating RMB 158.29 billion (a 9.3% increase).