Shenzhen BYD Property & Casualty Insurance (BYD Insurance) has reported a dramatic turnaround in its 2025 Q2 solvency report. The insurer, which struggled with losses for two consecutive years, posted insurance business income of CNY1.4bn($191.8m) for the first half of 2025-already surpassing the CNY1.36bn recorded for the whole of 2024. In 2023, BYD Insurance's revenue was negative, posting a loss of CNY6,858.