New China Life Insurance sees 28% premium income jump

New China Life Insurance Co (HKEX:1336) reported a significant increase in accumulated gross premium income for the period between January 1, 2025, and March 31, 2025. The company's premium income reached RMB73,218.42 million, marking a 28% increase year-over-year. The company attributes this growth to ongoing professional, market-oriented, and systematic reforms, as well as enhancements to its customer-centered product system, service ecosystem, and distribution channels. These efforts have also strengthened agent recruitment and cultivation, contributing to the company's business momentum. The board advises investors to exercise caution, noting that the figures are unaudited.