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Decrease in investment income burden on Ping An-Profit -Versicherungsmonitor

Summary by Herbert Frommes Versicherungsmonitor
In the first quarter of 2025, Chinese insurance giant Ping An's net profit decreased by 26.4 percent to 27 billion yuan (approximately EUR 3.3 billion). Bank business, which recorded a decline in profit of 5.6 percent, also burdened the Group's results. However, the insurance business proved robust – operating profit increased by 2.4 percent in the first quarter. The value of new business in life and health insurance increased by 35 percent to 1…
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Herbert Frommes Versicherungsmonitor broke the news in on Friday, April 25, 2025.
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