Cai Jing Wang·2025-10-30 10:36Core Insights - China Life Insurance Company reported a strong growth in new business value by 41.8% for the first three quarters of 2025, with net profit attributable to shareholders exceeding 167.8 billion yuan, marking a 60.5% increase year-on-year [1] - The total premium income reached 669.645 billion yuan, a year-on-year growth of 10.1%, with new single premium income at 218.034 billion yuan, up 10.4% [1] - The company emphasized the importance of asset-liability management and has seen comprehensive improvements in management effectiveness [1] Business Development - China Life is focusing on diversified product offerings, with new single premium income from life insurance, annuity insurance, and health insurance accounting for 31.95%, 32.47%, and 31.15% respectively, indicating balanced development [1] - The company is actively promoting the "Guo Shou Good Service" brand, enhancing its product lines in health insurance, including long-term disability income loss insurance and various other innovative products [2] - As of September 30, 2025, China Life's total sales force stood at 657,000, with individual insurance sales personnel numbering 607,000, maintaining the industry's largest team [2] Digital Transformation - China Life is advancing its digital claims service system, with over 48 million claims paid in the first half of 2025, totaling 160.9 billion yuan, including over 34 billion yuan for health insurance claims [2] - The company is enhancing its digital infrastructure, focusing on intelligent and simplified data management, and integrating AI technologies into its business operations [3] - China Life is committed to ESG principles, promoting environmentally friendly investments and inclusive insurance products to support sustainable development [3]