China Life Insurance posts strong Q3 2025 profit, asset growth

China Life Insurance Company Limited announced a robust performance in its 2025 third quarter report, with significant growth across key financial metrics. For the nine months ended September 30, 2025, operating income reached 537,895 million yuan, a 25.9% increase year-on-year, while net profit before income tax surged by 65.6% to 204,715 million yuan. Net profit attributable to equity holders of the Company increased by 60.5% to 167,804 million yuan. Basic and diluted earnings per share were 5.94 yuan, also up 60.5%.

The company's total assets grew by 9.6% to 7,417,981 million yuan as of September 30, 2025, compared to December 31, 2024. Equity attributable to equity holders of the Company saw a 22.8% increase, reaching 625,828 million yuan. The strong performance was attributed to deepening asset-liability interaction, product and business diversification, scientific liability cost control, and strategic equity investments, which significantly boosted investment income.

Gross written premiums recorded 669,645 million yuan, a 10.1% year-on-year increase, setting a new record for the period. Renewal premiums climbed 10.0% to 451,611 million yuan, and new policy premiums rose 10.4% to 218,034 million yuan. The company's sales force maintained its leading position, with 657,000 total sales force members, including 607,000 individual agents. Gross investment income for the first three quarters increased 41.0% to 368,551 million yuan, yielding a gross investment yield of 6.42%, up 104 basis points.