Qi Lu Wan Bao·2025-12-15 07:33Core Viewpoint - China Life Insurance Company has achieved a significant milestone by surpassing a total premium of 700 billion yuan, reflecting its commitment to serving national strategies and enhancing the well-being of the people [1][21]. Group 1: Financial Performance - As of November 30, 2025, the total premium is projected to exceed 700 billion yuan, marking a substantial achievement in the company's operational development [1]. - The total premium reached 6,183.27 billion yuan in 2021, with steady growth to 6,696.45 billion yuan in the first three quarters of 2024, representing a year-on-year increase of over 10% [1]. - By the end of the third quarter of 2025, the company reported a net profit of over 167.8 billion yuan, a 60.5% increase year-on-year [13]. Group 2: Product Innovation and Customer Service - The company has developed over 500 new insurance products during the "14th Five-Year Plan" period, covering various types of insurance to meet diverse customer needs [2]. - Health insurance claims exceeded 43.4 million cases, with a total payout of over 56 billion yuan, reflecting a 13.3% increase in claims [5]. - The introduction of long-term care insurance has significantly reduced family care costs by 90% for clients like the elderly couple in Hanzhong [2]. Group 3: Social Responsibility and Community Engagement - China Life actively participates in social welfare initiatives, donating 21 million yuan to its charity foundation in 2024 and providing timely support during natural disasters [19]. - The company has implemented various support programs for vulnerable groups, including training for the disabled and care for left-behind children [19]. - In 2024, the company engaged in 1,445 assistance points, increasing its outreach and support for rural revitalization efforts [12]. Group 4: Strategic Initiatives and Future Outlook - The company is committed to enhancing its role in the national strategy for aging population management by developing a comprehensive pension financial ecosystem [7][8]. - China Life aims to deepen its involvement in rural revitalization and support the real economy through targeted financial products and services [11][14]. - The company plans to continue expanding its health insurance offerings and improve its service quality to meet the growing demands of the population [22].