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China Pacific Insurance Reports Strong Growth in January Premium Income

Story Highlights
  • China Pacific Life Insurance saw a 10.3% increase in premium income in January 2025.
  • Property insurance subsidiary’s income rose by 5.1% year-on-year, indicating strong market positioning.
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China Pacific Insurance Reports Strong Growth in January Premium Income

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China Pacific Insurance (Group) Co ( (HK:2601) ) has issued an announcement.

China Pacific Insurance (Group) Co., Ltd. announced that its subsidiary, China Pacific Life Insurance Co., Ltd., reported an unaudited primary premium income of RMB49.575 billion for January 2025, marking a 10.3% increase from the previous year. Additionally, its property insurance subsidiary reported an income of RMB26.696 billion, a 5.1% increase year-on-year. This growth indicates a strong start to the year, highlighting the company’s robust market positioning and potential positive impacts for stakeholders.

More about China Pacific Insurance (Group) Co

China Pacific Insurance (Group) Co., Ltd. is a major player in the insurance industry, offering life and property insurance products. The company focuses on providing comprehensive insurance solutions in the People’s Republic of China, catering to both individual and corporate clients.

YTD Price Performance: 1.67%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $39.68B

For detailed information about 2601 stock, go to TipRanks’ Stock Analysis page.

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