Jin Rong Shi Bao·2025-08-31 03:32Group 1: Industry Overview - The five A-share listed insurance companies have significantly increased their allocation to equity assets in the first half of 2025, with stock investment scale reaching nearly 1.8 trillion yuan, an increase of 405.36 billion yuan compared to the end of 2024, indicating strong confidence in the stock market [1] Group 2: China Life Insurance - China Life Insurance has added over 150 billion yuan to its equity asset allocation in the first half of 2025, with stock investment amounting to 620.14 billion yuan, an increase of 119.05 billion yuan from the end of 2024, raising its proportion from 7.58% to 8.70% [3][4] Group 3: China Ping An - China Ping An's stock investment scale reached 649.29 billion yuan by the end of June 2025, an increase of 211.91 billion yuan or 48.5% from the end of 2024, with stock investments now accounting for 10.5% of total investments, up by 2.9 percentage points [5] Group 4: China Pacific Insurance - China Pacific Insurance reported a stock investment increase of 28.06 billion yuan, with total stock investment amounting to 283.13 billion yuan, and its core equity proportion rising to 11.8%, an increase of 0.6 percentage points from the previous year [6] Group 5: New China Life Insurance - New China Life Insurance's total stock investment reached 152.13 billion yuan, an increase of 11.95 billion yuan from the end of 2024, with high-dividend OCI equity investments growing from 30.64 billion yuan to 37.47 billion yuan, an increase of 6.83 billion yuan [7][8]