Dajia Insurance Property Unit Posts Profit Jump Amid Sector Recovery
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The Dajia Insurance Group building in Chaoyang district, Beijing. Photo: Visual China
Dajia Property and Casualty Insurance Co. Ltd. reported a fivefold jump in net profit in 2025, as China’s property and casualty insurers saw improved profitability.
The company, a unit of Dajia Insurance Group Co. Ltd. — the state-owned insurer established to take over the assets of Anbang Insurance Group Co. Ltd. — posted a net profit of 137 million yuan ($19.7 million) for 2025, according to its fourth-quarter solvency report released Tuesday. This compares with about 25 million yuan a year earlier — its first year of reported profitability.
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- Dajia Property and Casualty Insurance Co. Ltd. reported a net profit of 137 million yuan in 2025, up from 25 million yuan in 2024.
- Premium income rose 13% to 10.6 billion yuan; the combined ratio improved to 99.83%.
- China's property and casualty insurers collectively saw net profit rise 52% to 77.8 billion yuan in the first three quarters of 2025.
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Who’s Who
- Dajia Property and Casualty Insurance Co. Ltd.
- Dajia Property and Casualty Insurance Co. Ltd., a unit of Dajia Insurance Group Co. Ltd., reported a fivefold increase in net profit in 2025, reaching 137 million yuan ($19.7 million). This marks its second year of profitability. The company's premium income rose by 13% to 10.6 billion yuan, and its combined ratio improved to 99.83%.
- Dajia Insurance Group Co. Ltd.
- Dajia Insurance Group Co. Ltd. is a state-owned insurer that took over the assets of Anbang Insurance Group Co. Ltd. Its unit, Dajia Property and Casualty Insurance Co. Ltd., reported a significant increase in net profit in 2025, reaching 137 million yuan. This turnaround reflects improved profitability in China's property and casualty insurance sector.
- Anbang Insurance Group Co. Ltd.
- Anbang Insurance Group Co. Ltd. was a Chinese insurance company that faced government intervention. Dajia Insurance Group Co. Ltd. was established as a state-owned insurer to take over Anbang's assets. While the article doesn't detail Anbang's operations, it highlights the successor company's financial performance.
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