Jing Ji Guan Cha Bao·2025-10-31 06:43Core 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 exceeding 167.8 billion yuan, marking a 60.5% increase year-on-year [1][2] Group 1: Financial Performance - The company achieved a daily profit of 614 million yuan during the first three quarters [2] - Total premium income reached 669.645 billion yuan, reflecting a year-on-year growth of 10.1%, with renewal premiums at 451.611 billion yuan and new single premiums at 218.034 billion yuan, both showing positive growth [4][5] - Total investment income for the first three quarters was 368.551 billion yuan, an increase of 40% compared to the same period in 2024, with an investment yield of 6.42% [6] Group 2: Business Strategy - The significant increase in net profit is attributed to the diversification of liability-side business and enhanced investment income from the asset side [3] - The company has focused on floating income products, which have increased their share in first-year premiums by over 45 percentage points compared to the previous year, helping to lower liability costs [6] - The company has actively invested in the equity market, which has contributed to the overall increase in investment income, coinciding with a 15.84% rise in the Shanghai Composite Index [6]