Core Viewpoint - Taiping Life Insurance is committed to high-quality development in the financial industry, focusing on serving the public and fulfilling national responsibilities, as evidenced by its strong performance and innovative approaches in various financial sectors [1]. Group 1: Performance and Growth - In the first half of 2025, Taiping Life's core operating indicators showed positive trends, with original insurance premiums reaching 115.06 billion yuan, a year-on-year growth of 5.4%, maintaining a leading position in the industry [1]. - The company has launched a total of 258 commercial annuity products by the end of July 2025, covering various types of retirement insurance, including tax-deferred and personal pension insurance [2]. Group 2: Elderly Care and Pension System - Taiping Life is actively building a multi-tiered pension security system to address the aging population, enhancing product offerings, deepening ecological collaboration, and improving service quality [2]. - The company has established a comprehensive pension product system that includes exclusive commercial pension insurance, whole life insurance, and pension annuities, with 12 products approved for inclusion in the personal pension insurance product list [2]. Group 3: Ecological Collaboration - The company has integrated insurance products with medical, rehabilitation, and elderly care services, creating a closed-loop ecosystem that covers the entire life cycle of financial services [3]. - By mid-2025, Taiping Life's national elderly care service network covered 27 provinces and 54 cities, achieving comprehensive coverage [3]. Group 4: Service Quality Enhancement - Taiping Life has implemented technology-driven solutions for elderly care, creating a "barrier-free digital business hall" that utilizes remote identity verification and AI technology to provide convenient services for elderly clients [4]. - Offline service points have undergone comprehensive renovations to ensure a welcoming environment for elderly customers [4]. Group 5: Inclusive Finance Initiatives - The company has expanded its "Warm Series" products aimed at underserved populations, providing multi-layered insurance coverage for medical, disease, and accident risks [5]. - Taiping Life has launched the "Taiping Warm Forward Specific Industry Accident Insurance" targeting new citizens in five specific high-risk industries, enhancing risk protection for this demographic [6][7]. Group 6: Digital and Green Finance - Taiping Life has made significant strides in digital finance, achieving rapid claim processing times and enhancing customer experience through online and offline service integration [9]. - The company has invested over 420 billion yuan in technology finance and provided 117.1 billion yuan in green insurance coverage, supporting sustainable development initiatives [10]. Group 7: Future Commitment - Taiping Life aims to continue its commitment to high-quality development by enhancing product offerings, improving service efficiency, and fulfilling its responsibilities in building a strong financial nation [11].

Core Viewpoint - Taiping Life Insurance has launched a new inclusive product, "Warm Forward," aimed at providing accident insurance for specific industries that employ a large number of new citizens, thereby enhancing risk protection for this demographic [1][4]. Group 1: Product Features - "Warm Forward" targets five specific industries: manufacturing, construction, wholesale and retail, transportation and warehousing, and residential services [2]. - The product includes coverage for occupational risks specific to new citizens, such as accidental death, disability, and medical expenses [2]. - High-risk occupations, including high-altitude workers and heavy truck drivers, are now included in the coverage, expanding the reach of inclusive insurance products [2]. Group 2: Pricing and Flexibility - The product adheres to inclusive principles with reasonable premium settings to ensure accessibility for more new citizens [2]. - It offers three different coverage plans based on varying insurance amounts and provides flexible insurance periods ranging from one month to one year [2]. Group 3: Strategic Direction - Taiping Life Insurance is committed to enhancing its inclusive insurance offerings, focusing on underserved populations and providing multi-layered insurance coverage [3]. - The company plans to continue expanding the "Warm Series" of products to meet the diverse needs of key demographics, including the elderly and children [3].

Group 1: Core Insights - The implementation plan for high-quality development of inclusive finance in the banking and insurance sectors aims to strengthen the inclusive insurance system, enhance product offerings, and improve service quality over the next five years [2][10] - Recent policies have led to the development of affordable and accessible insurance products tailored for specific groups, addressing the needs of chronic disease patients and new urban residents [3][4] Group 2: Product Development and Innovation - ZhongAn Insurance has improved its medical insurance product to provide long-term medication coverage for chronic disease patients, focusing on their specific needs [3] - Taiping Life launched a targeted accident insurance product for new urban residents, covering high-risk occupations and enhancing the insurance safety net for this demographic [4] Group 3: Support for Small and Micro Enterprises - The implementation plan emphasizes the development of insurance products that cater to the needs of small and micro enterprises, enhancing their risk management capabilities [5] - China Export Credit Insurance Corporation has established a unified insurance platform to support small foreign trade enterprises, facilitating access to financial resources and professional support [6][7] Group 4: Sustainable Development of Inclusive Insurance - The sustainable development of inclusive insurance requires a balance between affordability and quality, with a focus on effective risk measurement and service coverage [9] - Companies are encouraged to optimize pricing models, enhance service offerings, and leverage digital technologies to improve operational efficiency and reduce costs [9] Group 5: Regulatory and Evaluation Mechanisms - The plan includes integrating the development of inclusive insurance into the regulatory evaluation system for insurance companies, establishing assessment mechanisms for inclusive insurance products and services [10] - The importance of setting scientific standards for evaluating inclusive insurance products is highlighted, emphasizing the need for transparency and consumer protection [10]

Core Insights - Taiping Life Insurance launched a new inclusive product called "Warm Forward" aimed at enhancing risk protection for new citizens in specific industries [1][4] - The product targets five key industries that employ a significant number of new citizens, including manufacturing, construction, wholesale and retail, transportation and warehousing, and residential services [2][3] Product Features - "Warm Forward" provides coverage for accidental death, disability, and medical expenses tailored to the occupational risks of new citizens such as construction workers, delivery riders, and ride-hailing drivers [2] - The product includes high-risk occupations like high-altitude workers, expanding the coverage of inclusive insurance products [2] - It offers three different protection plans based on varying insurance amounts and allows flexible insurance periods ranging from one month to one year [2] Strategic Direction - Taiping Life Insurance is committed to the principle of "finance for the people" and aims to continuously innovate its inclusive insurance offerings to cover underinsured populations [3][4] - The company plans to expand its "Warm Series" products in 2024, focusing on providing multi-layered insurance protection for key demographics, including the elderly and children [3] - The ongoing development of inclusive insurance products is part of Taiping Life's strategy to enhance public welfare and meet the diverse needs of the community [4]

Core Viewpoint - Taiping Life has launched a new inclusive insurance product, "Taiping Warm Forward Specific Industry Accident Insurance," aimed at enhancing risk protection for new citizens in five specific industries, thereby promoting inclusive finance [1][2]. Group 1: Product Features - The new insurance product focuses on high-risk occupations such as high-altitude workers, including external cleaners, welders, movers, and heavy truck drivers, expanding the coverage of inclusive insurance [2]. - The product adheres to inclusive principles with reasonable premium settings, allowing more new citizens to access accident risk protection [2]. - It offers three protection plans based on different insurance amounts and provides flexible coverage periods ranging from one month to one year, catering to the diverse needs of new citizens in flexible employment [2]. Group 2: Market Context - New citizens and flexible employment groups are identified as key contributors to urban development, characterized by a large population, weak risk resistance, and inadequate insurance coverage [1]. - The launch of this product aligns with the guidelines from the National Financial Supervision Administration, which emphasizes the need for insurance services targeting new employment forms and specific groups [1].