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China Life Profit Rises on Equity Push Amid Stronger Market

Published: Mar. 26, 2026  5:48 p.m.  GMT+8
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Photo: VCG
Photo: VCG

China Life Insurance Co. Ltd. reported a 44.1% increase in net profit for 2025, driven by a sharp rise in equity investments amid a stronger stock market.

The company’s annual report, published Wednesday, shows its net profit rose to 154.1 billion yuan ($21.7 billion), while revenue climbed 16.5% to 615.7 billion yuan. 

A key driver was expanded stock market investment. The state-owned insurer increased its open-market equity holdings by more than 450 billion yuan, bringing the total to over 1.2 trillion yuan. As a result, stocks and mutual funds accounted for 16.9% of its 7.4 trillion yuan in investment assets at the end of last year, up from 12.2% a year earlier, according to the report. 

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  • China Life Insurance's 2025 net profit rose 44.1% to 154.1 billion yuan, with revenue up 16.5% to 615.7 billion yuan.
  • Equity investments grew, representing 16.9% of assets, boosting investment yield to 6.1% and investment income by 25.8%.
  • Premium income increased 8.7% to 729.9 billion yuan; value of new business rose 35.7% to 45.8 billion yuan.
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China Life Insurance Co. Ltd.
China Life Insurance Co. Ltd. saw a 44.1% net profit increase in 2025, reaching 154.1 billion yuan, with revenue climbing 16.5% to 615.7 billion yuan. This growth was largely fueled by a significant increase in equity investments and a stronger stock market, boosting its total investment yield to 6.1%. Premium income also rose 8.7% to 729.9 billion yuan.
AI generated, for reference only
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