New China Life Insurance reports 21% premium income growth in first eight months of 2025

New China Life Insurance Company Ltd. reported accumulated gross premium income of 158,085.85 million yuan for the period between January 1, 2025, and August 31, 2025. This represents a substantial 21% increase year-on-year, in line with Accounting Standards for Business Enterprises No. 25 and Regulations regarding the Accounting Treatment of Insurance Contracts.

The company attributed this growth to its commitment to a customer-centric strategic orientation, continuously enhancing competitiveness across products, services, ecosystem, technology, and operations. Strategic initiatives include advancing market-oriented professional and systematic development to foster integrated and synergistic capabilities, strengthening frontline grassroots support, and reinforcing institutional management.

Furthermore, New China Life Insurance has focused on value growth, structural optimization, and quality enhancement through its Strong Foundation Initiative, aiming for connotative and high-quality development. The company notes that the reported premium income is unaudited and advises investors to exercise caution.