Earnings1H25 net profit increased by 14% year-over-year, benefiting from strong growth at PICC P&C, which contributed significantly to the profit.
GrowthLife and health business posted better-than-expected growth, with VNB and CSM balance growth outperforming expectations.
Investment PerformanceThe insurer's ability to increase asset allocations into equity investments and decent stock market performance led to a solid investment yield result.