The People's Insurance Company (Group) of China (PICC Group) (01339) said its net profit attributable to equity holders for the six months ended 30 June 2015 surged 93.8% year-on-year to Rmb12,821 million.
Basic earnings per share were Rmb30 cents.
The group realised gross written premiums of Rmb226,928 million, representing a 10.9% increase as compared to the same period in 2014. The weighted average return on equity of the Group increased by 7.9 percentage points to 25.3% for the six months ended 30 June 2015 from 17.4% for the same period in 2014.
No interim dividend will be distributed.