China Pacific Insurance (Group) Co., Ltd. (Stock Code: 02601) published an overseas regulatory announcement concerning the third-quarter 2025 solvency report of its subsidiary, China Pacific Property Insurance Co., Ltd.

According to the report, the comprehensive solvency margin ratio stood at 242.1% at the end of the third quarter of 2025, compared to 240.6% in the previous quarter; the core solvency margin ratio reached 198.9%, up from 195.8%. The report indicates an increase in both actual capital (up by 21.5 billion yuan) and minimum capital (up by 7.0 billion yuan) from the end of the previous quarter.

For the first three quarters of 2025, gross written premiums reached 159.68314 billion yuan, while net profit totaled 8.7667 billion yuan. Key non-auto lines delivered premiums of 68.63154 billion yuan. The combined ratio for the period was 97.1%. The report also shows a generally stable liquidity position across all assessment metrics.

The document discloses that 18 administrative penalties were imposed on various branch offices, leading to a total fine amount of 125.89 million yuan, largely linked to issues such as expense falsification and business conducted outside authorized regions. Changes in senior management included the cessation of the internal audit responsible person’s role and the appointment of an interim supervisory officer.

The company’s risk management measures highlighted disaster preparation for typhoons, upgrades to agricultural insurance, and strengthened data and cybersecurity protocols. No major reputational or strategic risk events were reported in the quarter, and the company maintained normal business operations.

This summary is based solely on data released in the official announcement dated 31 October 2025. The company advises readers to refer to the published report for further details.