China Pacific Insurance P&C Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/china-pacific-insurance-pc/ Fri, 12 Sep 2025 09:44:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Chinese insurers turn to convertibles as Hong Kong shares surge https://insuranceasianews.com/chinese-insurers-turn-to-convertibles-as-hong-kong-shares-surge/ Sun, 14 Sep 2025 23:00:11 +0000 https://insuranceasianews.com/?p=199835 China Pacific Insurance has followed its peer Ping An into Hong Kong's booming convertible market.

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China’s large-cap insurers are becoming unlikely customers of Hong Kong’s booming convertible bond market amid a dramatic rally of Hong Kong-listed shares and sustained higher interest rates, accordin...

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]]> China Pacific Insurance secures US$2bn to fund internationalisation, AI https://insuranceasianews.com/china-pacific-insurance-launches-us2bn-bond-to-fund-internationalisation-and-ai/ Thu, 11 Sep 2025 06:15:10 +0000 https://insuranceasianews.com/?p=199736 Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.

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China Pacific Insurance, the Hong Kong-listed Chinese insurer, has raised HK$15.6 billion (US$2 billion) via the issuance of a new convertible bond to finance the internationalisation of its business ...

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]]> China Pacific’s P&C underwriting profit up 31% to US$500m in H1 FY25 https://insuranceasianews.com/china-pacifics-pc-underwriting-profit-up-31-to-us500m-in-h1-fy25/ Fri, 29 Aug 2025 01:00:55 +0000 https://insuranceasianews.com/?p=198600 Underwriting COR was down 0.8 percentage points to 96.3% due to improvements in underwriting expense ratio.

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Underwriting profit from the non-life business of China Pacific Insurance (CPIC) rose by 31% to CNY3.55 billion (US$500 million) in the first six months of the year, while its combined ratio improved ...

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]]> China Pacific Insurance’s P&C underwriting profit falls 35.5% to US$372m in FY24 https://insuranceasianews.com/china-pacific-insurances-pc-underwriting-profit-falls-35-5-to-us372m-in-fy24/ Thu, 27 Mar 2025 06:54:14 +0000 https://insuranceasianews.com/?p=179728 Underwriting COR deteriorated by 0.9 percentage points to 98.6% due to a loss ratio that worsened to 70.8%.

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China Pacific Insurance's (CPIC) property and casualty business saw its underwriting profit fall by 35.5% to CNY2.7 billion (US$372 million), according to the company's annual results.
Its underwritin...

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]]> Tibet earthquake payments top US$60,000 from Chinese insurers https://insuranceasianews.com/tibet-earthquake-payments-top-us60000-from-chinese-insurers/ Thu, 09 Jan 2025 09:39:42 +0000 https://insuranceasianews.com/?p=173114 88 reports, with a total of 20 claims, have been made to insurers, including PICC, China Continent, China Taiping and Sunshine.

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Chinese insurers have paid compensation claims worth CNY453,000 (US$61,788) after a deadly earthquake struck in a remote part of western China on January 7, according to the regional financial supervi...

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]]> China Pacific’s P&C underwriting profit jumps 47.6% to US$380m, COR improves to 97.1% https://insuranceasianews.com/china-pacifics-pc-underwriting-profit-jumps-47-6-to-us380m-cor-improves-to-97-1/ Fri, 30 Aug 2024 05:01:42 +0000 https://insuranceasianews.com/?p=161689 The company delivered primary insurance premiums at US$15.7bn in the first six months, a 7.8% growth year-on-year.

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China Pacific Insurance’s property and casualty (CPIC P&C) business reported an underwriting profit of CNY2.7 billion (US$380.7 million) in the first six months of 2024, a 47.6% increase, the comp...

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]]> China Pacific Insurance P&C 2023 net profit down 20% as investment income plunges https://insuranceasianews.com/china-pacific-insurance-pc-2023-net-profit-down-20-as-investment-income-plunges/ Mon, 01 Apr 2024 08:00:05 +0000 https://insuranceasianews.com/?p=150643 China’s third-largest P&C insurer by premiums saw its combined ratio edge up by nearly 1 percentage point to 97.7%. Its liability business was the only business line with an underwriting loss.

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China Pacific Property Insurance (CPIC P&C) saw a nearly 20% decline in net profit to CNY6.6 billion (US$912.9 million) for the full year of 2023 as a plunge in investment income and underwriting ...

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]]> Chinese P&C carriers focus on agri, liability offerings in acceleration away from motor https://insuranceasianews.com/chinese-pc-carriers-focus-on-agri-liability-offerings-in-acceleration-away-from-motor/ Wed, 06 Sep 2023 23:45:12 +0000 https://insuranceasianews.com/?p=133775 Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.

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Agriculture and liability insurance portfolios were the key growth drivers for Chinese property and casualty carriers in the first half of 2023, an analysis of the earnings reports of five leading Chi...

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]]> China Pacific’s P&C H1 COR climbs to 97.9% as underwriting profit falls 12% to US$252m https://insuranceasianews.com/china-pacific-pc-h1-cor-at-97-9-underwriting-profit-down-12-to-us252m/ Mon, 28 Aug 2023 03:35:15 +0000 https://insuranceasianews.com/?p=132853 The general insurer's liability line of business grew 35% and agricultural premiums saw a 34% year-on-year increase.

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China Pacific Insurance’s property and casualty (CPIC P&C) business reported an underwriting profit of Rmb1.84 billion (US$252 million) in the first six months of 2023, a 12% year-on-year decline,...

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The post China Pacific’s P&C H1 COR climbs to 97.9% as underwriting profit falls 12% to US$252m appeared first on InsuranceAsia News.

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