（文章来源：中国经营报） 10月30日晚间，新华保险（601336.SH）公布2025年第三季度业绩报告。 新华保险方面表示，公司个险渠道深度践行现代营销新理念，持续强化制度经营，不断推动渠道做优做 强。业务策略方面，自二季度起推动分红险转型，全力聚焦分红险业务发展。队伍建设方面，持续深化 制度经营，推进"XIN一代"计划的战略性落地，强力推动营销队伍向专业化、职业化方向深化转型。 2025年前三季度，累计新增人力队伍超过3万人，同比增长超过140%，月均绩优人力同比提升；在推动 规模人力企稳回升的同时，人均产能同比增长达到50%，带动队伍收入显著增长。 营销渠道上，2025年前三季度，新华保险个险渠道实现长期险首年保费收入184.36亿元，同比增长 48.5%，其中长期险首年期交保费收入178.74亿元，同比增长49.2%。同期，银保渠道实现长期险首年保 费收入359.38亿元，同比增长66.7%，其中长期险首年期交保费收入168.32亿元，同比增长32.9%。 截至2025年9月30日，新华保险实现营业收入1372.52亿元，同比增长28.3%；归属于母公司股东的净利 润328.57亿元，同比增长58.9 ...

北京商报讯（记者 胡永新）10月30日，新华人寿保险股份有限公司（以下简称"新华保险"）公布2025 年第三季度业绩报告。新华保险表示，公司个险渠道深度践行现代营销新理念，持续强化制度经营，不 断推动渠道做优做强。业务策略方面，自二季度起推动分红险转型，全力聚焦分红险业务发展。队伍建 设方面，持续深化制度经营，推进"XIN一代"计划的战略性落地，强力推动营销队伍向专业化、职业化 方向深化转型。前三季度，累计新增人力超过3万人，同比增长超过140%，月均绩优人力同比提升，队 伍建设取得突破性进展；在推动规模人力企稳回升的同时，人均产能同比增长达到50%，带动队伍收入 显著增长。前三季度，个险渠道实现长期险首年保费收入184.36亿元，同比增长48.5%，其中长期险首 年期交保费收入178.74亿元，同比增长49.2%。 ...

前三季度，公司实现原保险保费收入1,727.05亿元，同比增长 18.6%;长期险首年保费收入545.69亿元， 同比增长59.8%;长期险首年期交保费收入349亿元，同比增长41.0%;长期险首年趸交保费收入196.69亿 元，同比增长109.2%;续期保费收入1,146.2亿元，同比增长5.9% ，持续发挥"压舱石"作用。前三季度， 公司退保率为1.2% ，与上年同期相比下降0.1个百分点;个人寿险业务13个月及25个月继续率同比持续提 升;首年期交保费的增长及业务品质持续提升助力公司新业务价值同比大幅增长50.8%。 智通财经APP讯，新华保险(01336)公布2025年前三季度业绩，营业收入为1372.52亿元，同比增长 28.3%;归属于母公司股东的净利润为328.57亿元，同比增长58.9%;基本加权平均每股收益10.53元。 ...

Core Viewpoint - The insurance industry is transitioning from a focus on short-term and lump-sum products to a high-quality development era, driven by regulatory changes and a shift in product structure towards long-term and protection-oriented offerings [1][2][5]. Group 1: Industry Trends - The "reporting and banking integration" policy has led to a significant reduction in commissions, resulting in a high growth rate of new business value in the bancassurance channel in 2024 and 2025 [1][2]. - Major insurance companies reported substantial increases in new business value from bancassurance channels in the first half of 2025, with Ping An Life achieving 5.972 billion yuan, a 168.6% increase year-on-year, and China Pacific Life reaching 3.604 billion yuan, up 155.97% [1][3]. - The bancassurance channel is expected to maintain a core position in the industry, with a growing proportion of regular premium and protection products, which will drive premium growth and value enhancement [1][2]. Group 2: Company Performance - In the first half of 2025, New China Life's bancassurance channel achieved a first-year premium of 24.939 billion yuan, a 150.3% increase, with new business value contributing over 50% to the company's total new business value [2][3]. - Ping An Life's bancassurance channel reported new business premiums of 22.875 billion yuan, a 74.67% increase, with a significant contribution to the overall business value [3]. - China Pacific Life's bancassurance channel achieved a scale premium of 41.660 billion yuan, a growth of 82.6%, with new business value reaching 3.604 billion yuan, reflecting a robust performance [3]. Group 3: Market Potential - The bancassurance channel has significant growth potential, with only 3% to 5% of bank customers currently purchasing insurance, indicating a large untapped market [5][6]. - The demand for insurance products is evolving, with increasing needs for retirement and health protection, as well as a shift from single financial products to comprehensive life-cycle planning [5][6]. - The bancassurance model in mature markets shows that it can capture 60% to 70% of life insurance premiums, suggesting a strong potential for similar growth in China [4][5]. Group 4: Strategic Developments - The insurance industry is shifting from a fee-driven model to a value-driven approach, enhancing collaboration between banks and insurance companies to improve service and product offerings [7][8]. - Major companies are expanding their bancassurance networks and optimizing product strategies to enhance customer service and operational efficiency [9][10]. - The integration of digital solutions and customer journey enhancements is expected to drive further growth in the bancassurance sector [9].

Core Viewpoint - The insurance industry is transitioning from a focus on short-term and lump-sum sales to a high-quality development era, driven by regulatory changes and a shift in product structure towards long-term and protection-oriented products [1][2][5]. Group 1: Industry Trends - The "reporting and operation integration" policy has led to a significant reduction in commissions, resulting in a high growth rate of new business value in the bancassurance channel in 2024 and 2025 [1][2]. - Major insurance companies reported substantial increases in new business value from bancassurance channels in the first half of 2025, with Ping An Life at 5.972 billion yuan (up 168.6%), Taikang Life at 3.604 billion yuan (up 155.97%), and Xinhua Insurance at 3.267 billion yuan (up 137.08%) [1][3]. Group 2: Company Strategies - Xinhua Insurance's bancassurance channel achieved a first-year premium of 24.939 billion yuan (up 150.3%), with a focus on long-term products and a strategic emphasis on balancing scale and value [2][3]. - Ping An Life's bancassurance channel reported new business premiums of 22.875 billion yuan (up 74.67%), with a significant contribution from regular premium products [3]. - Taikang Life's bancassurance channel achieved a scale premium of 41.660 billion yuan (up 82.6%), with a new business value contribution of 3.604 billion yuan [3]. Group 3: Market Potential - The bancassurance channel has significant growth potential, with only 3% to 5% of bank customers currently purchasing insurance, indicating a large untapped market [6]. - The demand for insurance products is evolving, with increasing needs for health and retirement products driven by an aging population and diverse customer requirements [5][6]. Group 4: Collaboration and Service Enhancement - The bancassurance model is undergoing a transformation from a simple distribution model to a more integrated approach, focusing on customer needs and enhancing service capabilities [8][9]. - Major companies are expanding their bancassurance networks and improving collaboration with banks to enhance service delivery and customer experience [9][10].

Core Viewpoint - Xinhua Life Insurance Co., Ltd. reported significant growth in its individual insurance channel for the first half of 2025, driven by strategic initiatives and workforce improvements [1] Group 1: Financial Performance - The company achieved a first-year premium of 14.506 billion yuan for long-term insurance, representing a year-on-year increase of 70.8% [1] - The first-year regular premium for long-term insurance reached 14.248 billion yuan, with a year-on-year growth of 72.5% [1] Group 2: Strategic Initiatives - The ongoing implementation of the "XIN Generation" plan has been pivotal in enhancing the professionalization and vocational transformation of the marketing team [1] - As of mid-2025, the individual insurance agent workforce has grown to 133,000, with an average monthly performance rate of 13.3%, showing a year-on-year improvement [1] Group 3: Workforce Development - The average monthly per capita productivity of agents increased by 74% year-on-year, indicating a solid enhancement in team quality [1] - The company added nearly 20,000 new agents in the first half of the year, marking a year-on-year growth of 182% and achieving a breakthrough in workforce development [1]