China Pacific Insurance (Group) Co., Ltd. (CPIC, 02601) released an overseas regulatory announcement disclosing the third-quarter 2025 solvency report of its subsidiary, Pacific Anxin Agricultural Insurance Co., Ltd. The report indicates that as of the end of this quarter, the comprehensive solvency margin ratio stood at 337.20%, up from 312.73% in the previous quarter. The core solvency margin ratio reached 309.41%, compared with 281.31% in the prior period.

According to the report, actual capital rose to 325,133 (unit: 10,000 yuan), driven mainly by an increase in quarterly profit and other comprehensive income. Minimum capital dropped slightly to 96,422 (unit: 10,000 yuan) due to lower reinsurance-related receivables. The filing shows that by the end of September 2025, Pacific Anxin Agricultural Insurance Co., Ltd. recorded total assets of 616,048 (unit: 10,000 yuan) and net assets of 316,918 (unit: 10,000 yuan). Year-to-date net profit reached 21,028 (unit: 10,000 yuan), while the company maintained a combined ratio of 99.4%.

The company reported a continued focus on liquidity management, noting that key quarterly liquidity coverage ratios exceeded 100%, reflecting adequate cash flow to meet potential claim obligations. The integrated risk rating for the first two quarters of 2025 remained at AA, and the announcement highlighted ongoing enhancements in risk control, reinsurance management, and compliance oversight. In addition, the board of directors approved the quarterly solvency report, ensuring alignment with regulatory requirements and risk management objectives.