Core Insights - China Life Insurance (02628) reported a significant increase in revenue and net profit for the first three quarters of 2025, with operating income reaching 537.895 billion yuan, a year-on-year growth of 25.9%, and net profit attributable to shareholders amounting to 167.804 billion yuan, reflecting a 60.5% increase [1] Financial Performance - The company achieved total premium income of 669.645 billion yuan, marking a 10.1% year-on-year increase, with renewal premiums at 451.611 billion yuan, up 10.0%, and new premiums at 218.034 billion yuan, growing by 10.4% [1] - Short-term insurance premiums reached 75.149 billion yuan, showing a 2.0% increase [1] - The total premium scale set a historical high for the same period, with all categories of premiums (total, new, and renewal) experiencing double-digit growth, and renewal premium growth reaching the highest level since 2021 for the same period [1] Strategic Initiatives - The growth in performance is attributed to the company's ongoing efforts to deepen asset-liability management, diversify products and services, and effectively control liability costs [1] - The company has also increased its equity investment efforts, leading to a substantial rise in investment income compared to the previous year [1]