Bei Jing Shang Bao·2025-08-27 10:07Core Viewpoint - China Life Insurance Company reported a significant increase in new business value for the first half of 2025, indicating strong performance and industry leadership [1] Group 1: Financial Performance - New business value reached 28.546 billion yuan, representing a year-on-year increase of 20.3% compared to the restated results from the same period in 2024 [1] - The proportion of floating income-type business in the first-year premium income increased by over 45 percentage points compared to the same period last year, showcasing a successful business structure transformation [1] Group 2: Operational Metrics - The 14-month policy retention rate stood at 92.10%, reflecting a year-on-year increase of 0.6 percentage points, indicating a more solid development foundation [1] - The rigid cost of new business liabilities has further decreased, and the efficiency of expense input-output has significantly improved [1]