Ping An's new business value jumps 7.5% to $15b

Its life and health arm posted RMB103.27b in value from newly written business.

Ping An Insurance (Group) Company of China, Ltd. saw its fiscal year 2025 (FY 2025) net profit attributable to shareholders increase 6.5% year-on-year (YoY) to $18.87b (RMB134.78b).

Basic earnings per share stood at $1.08 (RMB7.68), higher than the $1.00 (RMB7.16) the previous year.

Its life and health insurance business’s new business value also jumped 7.5% YoY to $14.46b (RMB103.27b).

Meanwhile, its property and casualty insurance businesses fell in FY 2025, contracting 2.8% YoY to $2.04b (RMB14.60b).

This year, China’s 15th Five-Year Plan starts, and the insurer plans to advance its technology-enabled integrated finance, health and senior care.

“The underlying conditions and fundamental trends sustaining China’s long-term economic growth remain unchanged. As the financial industry focuses on its core mission and pursues high-quality development, residents’ demands for health and senior care services are increasing,” Ma Mingzhe, Ping An Insurance Chairman, said in a company report.

($1.00 = RMB6.91)