China Pacific Insurance's Su Gang: It is expected that the solvency of its main insurance subsidiaries will continue to maintain a sufficient level in the future, always preserving a substantial safety margin.

On March 27, financial frontline news reported that China Pacific Insurance held a performance briefing for the fiscal year 2025 today. Su Gang, the group’s vice president, chief investment officer, and financial officer, stated that China Pacific Insurance Group’s solvency will significantly improve by 2025, primarily relying on the continuous enhancement of operational efficiency in its major insurance fund companies and the optimization of payment measurement matching.

Su Gang pointed out that the life insurance company effectively hedged the pressure brought by the decline in interest rates through optimizing asset-liability measurement matching management, resulting in a significant improvement in solvency. The property insurance company benefited from the continuous strengthening of its profitability, laying a solid foundation for improving solvency.

Su Gang emphasized that the company always adheres to the principle of steady operation, placing great importance on asset-liability matching management, and continuously optimizing its business structure. Currently, both the property and life insurance segments of China Pacific are in a good solvency adequacy situation, performing well in terms of resisting interest rate declines and stock market fluctuations compared to the entire industry.

Su Gang noted that the specifics of the new round of transitional policies have yet to be clarified. Thanks to the enhancement of the company’s profitability and the continuous optimization of asset-liability matching management, by the end of 2025, the solvency of China Pacific’s property and life insurance companies will remain adequate. In 2026, even without considering transitional policies, we will still be significantly above regulatory requirements and will be in an upper-middle position among peers.

“Looking to the future, considering market interest rates, the environment, and the company’s development plans, we will rely on stable strategic focus and refined management. We anticipate that the solvency of our major insurance subsidiaries will continue to maintain an adequate status, always keeping ample safety margins to effectively respond to uncertainties in external interest rates and capital markets, thus providing a solid guarantee for the long-term sustainable development of the business,” said Su Gang.

Massive information and precise interpretations are available in the Sina Finance APP.

Editor: Wang Xinru