New China Life 1H value of new business 6.18B yuan

New China Life 1H value of new business 6.18B yuan

China Life Insurance Company Limited (China Life) has reported robust earnings for the first half of 2025, showcasing resilience and growth in the face of market volatility. The company reported a net income of CNY 40.931 billion for the period, up from CNY 38.278 billion in the same period last year [1]. This represents a significant increase, driven by strong policy sales and improved investment returns.

The company's basic and diluted earnings per share from continuing operations both increased to CNY 1.45, up from CNY 1.35 in the same period last year [1]. This growth was facilitated by a rise in premium income, which expanded due to strong demand for savings products in an environment of low interest rates [2].

China Life's investment portfolio also benefited from the rally in the CSI 300 Index, which has recovered from April lows following a tariff truce with the US [2]. This truce helped lift the value of China Life's investment portfolio, contributing to the company's overall financial performance.

The company's value of new business for the first half of 2025 was CNY 6.18 billion, reflecting the company's ability to attract and retain new customers. This growth underscores the company's strong market position and its capacity to generate new business even in a volatile market environment.

In summary, China Life Insurance Company Limited's first half of 2025 results demonstrate its ability to navigate market challenges and capitalize on opportunities. The company's strong financial performance is a testament to its robust business model and strategic focus on policy sales and investment returns.

References:
[1] https://www.marketscreener.com/news/china-life-insurance-company-limited-reports-earnings-results-for-the-half-year-ended-june-30-2025-ce7c50ded18bf42c
[2] https://www.bloomberg.com/news/articles/2025-08-27/china-life-profit-rises-as-premium-investment-returns-expand