China Life navigates market shifts, invests in silver economy

China Life Insurance (HKEX:2628) has released its first quarter 2025 report, showcasing a gross written premium increase of 5.0% year-on-year, reaching RMB354.409 billion. Renewal premiums drove growth, climbing 9.7%, while new policy premiums saw a decrease. Net profit attributable to equity holders increased by 39.5% to RMB28.802 billion, driven by enhanced asset-liability interaction and underwriting management. The company properly managed asset allocation from the cross-cycle and long-term perspective with gross investment income reaching RMB53.767 billion. The company continues to adapt to both domestic and international pressures.