中国平安：前三季度寿险及健康险业务新业务价值增长46.2%

Core Insights - China Ping An Insurance (Group) Co., Ltd. reported a strong growth in new business value for its life and health insurance segment, with a year-on-year increase of 46.2% for the first three quarters of 2025 [1] Summary by Categories Business Performance - New business value for life and health insurance reached 35.724 billion yuan, reflecting a 46.2% year-on-year growth [1] - The new business value rate (based on standard premiums) increased by 9.0 percentage points year-on-year [1] Channel Development - The agent channel implemented a "three excellence" platform strategy, resulting in a 23.3% year-on-year growth in new business value and a 29.9% increase in new business value per agent [1] - The bancassurance channel saw a remarkable 170.9% year-on-year growth in new business value, driven by the expansion of high-quality teams and enhanced product competitiveness [1] Customer Retention - The community financial service channel improved the full payment continuation rate of existing customers by 0.6 percentage points year-on-year [1] - Bancassurance, community financial services, and other channels contributed 35.1% to the new business value of Ping An's life insurance segment [1]