上市寿险公司2024年大赚，靠投资还是保险？

Core Viewpoint - The implementation of new insurance contract standards in 2023 aims to enhance the clarity and comparability of financial statements for insurance companies, particularly life insurance firms, making it easier to understand their profit sources [2][3]. Group 1: Financial Performance of Major Insurance Companies - China Life reported a net profit of 106.9 billion yuan in 2024, a year-on-year increase of 108.9%, with significant contributions from both insurance and investment services [4][5]. - Ping An's life and health insurance segment achieved a pre-tax operating profit of 103.6 billion yuan in 2024, with insurance service performance contributing 86 billion yuan and investment performance contributing 17.6 billion yuan [6][7]. - China Pacific Insurance's life insurance segment reported a net profit of 35.8 billion yuan, up 83.4% year-on-year, with insurance service performance at approximately 28 billion yuan and investment performance at 14.1 billion yuan [8][9]. - New China Life achieved a net profit of 26.2 billion yuan, a 201% increase, with balanced contributions from insurance and investment services [10][11]. - PICC Life reported a net profit of 17.1 billion yuan, significantly up from 0.03 billion yuan in 2023, with insurance service performance at 14.9 billion yuan [13][14]. - China Taiping's life insurance segment reported a pre-tax profit of 19 billion HKD, with insurance service performance at 19.7 billion HKD and investment performance at 2.3 billion HKD [15]. - Sunshine Insurance reported a pre-tax profit of 8.3 billion yuan, with insurance service performance at 4.8 billion yuan and investment performance at 6.7 billion yuan [16]. - AIA Group reported insurance service performance of 5.6 billion USD and investment performance of 3.5 billion USD, maintaining stable growth in both areas [17].