China Pacific Insurance (Group) Co., Ltd. (CPIC) held its 2025 performance briefing on March 27. Group President Zhao Yonggang stated that for 2026, the company aims to achieve higher quality, greater resilience, and a more solid foundation, with strategic tasks making effective breakthroughs. Adhering to the principle of seeking progress while maintaining stability and improving quality and efficiency, CPIC will coordinate its business operations by advancing three major strategies: comprehensive health and elderly care, internationalization, and artificial intelligence+. This approach is intended to lay a strong foundation for the start of the 15th Five-Year Plan period.
Zhao Yonggang expressed hopes for achieving three effective breakthroughs by 2026. The first is making a substantial breakthrough in serving the broader context of the 15th Five-Year Plan. By continuously strengthening functions and proactively fulfilling its mission, CPIC will support the development of a modern industrial system and technological innovation, actively enhance protection and service levels in areas related to people's livelihoods, and align with new trends and demands in national reform and development. The company plans to focus more precisely on key sectors, creating more distinctive financial solutions as outlined in the "Five Major Financial Articles."
The second breakthrough involves cultivating new growth drivers. CPIC aims to further improve the performance of its main business segments through refined management upgrades, steadily increase the new business value of life insurance, continuously enhance the underwriting profitability of property and casualty insurance, and drive the ongoing improvement of core competitiveness. The company also plans to optimize its asset-liability management system while strictly adhering to risk control principles.
The third breakthrough focuses on advancing the three major strategies. CPIC intends to vigorously develop commercial health insurance and pension finance, achieving steady growth in health insurance premiums and pension fund scale. Health and elderly care services will more effectively support the development of core businesses. Additionally, the company aims to gradually increase the proportion of overseas premium income, optimize the allocation of overseas assets, and achieve stable or growing market share for its Hong Kong-based institutions. Meanwhile, CPIC will accelerate the large-scale application of artificial intelligence, build an enterprise-level knowledge system and management platform, and promote technological innovation transitioning from isolated initiatives to an ecosystem-oriented approach.