China’s Ping An Insurance has posted a 11.5% YoY rise in net profit in the first nine months of 2025, driven by investment gains and improved policy sales.
The insurance company posted a 132.856 billion yuan profit ($18.65bn), with the operating profit rising 7.2%.
The new business value in its life and health insurance segment, which measures the profitability of new policies sold, grew 46.2% year-on-year to 35.724 billion yuan.
Investment gains were boosted by China’s stock market rally. Its investment portfolio reached an unannualised comprehensive investment yield of 5.4% in the first nine months of the year, up one percentage point from the same period of 2024.