Property and life insurance driving together, CPIC's revenue exceeded 194.6 billion in the first half of the year, with net profit increasing by over 37%

China Pacific Insurance (Group) Co., Ltd. released its 2024 interim report, showing that the total operating income for the first half of the year was RMB 1946.34 billion, a year-on-year increase of 10.9%; net profit was RMB 251.32 billion, a year-on-year increase of 37.1%. Insurance service income exceeded RMB 137 billion, with life insurance income at RMB 41.835 billion and property insurance income at RMB 93.076 billion. The number of customers reached 181 million, with embedded value of RMB 5687.66 billion. The new business value of life insurance was RMB 9.037 billion, a year-on-year increase of 22.8%. The comprehensive investment yield was 3.0%, a year-on-year increase of 0.9 percentage points