China Pacific Insurance Posts Higher Life Premiums and Flat Property Growth for 2025
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China Pacific Insurance (Group) Co. reported an 8.1% increase in life insurance premiums for 2025, totaling RMB258.115 billion, driven by a 42% rise in bancassurance premiums. In contrast, property insurance premiums remained flat at RMB203.561 billion, with a slight 0.2% increase. The company is shifting focus towards bancassurance and diversified distribution. Analysts rate the stock as a Buy with a target price of HK$46.00. The current market cap is HK$445.1 billion, with a year-to-date price performance of 9.09%.
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