China Life's Cai Xiliang: By 2025, performance will be solid, demonstrating a "steady" pattern, a "progressive" momentum, and "resilient" characteristics

(Source: Beijing Business Today)

Beijing Business Today reports (Reporter Hu Yongxin) On March 26, China Life Insurance Co., Ltd. (hereinafter referred to as “China Life”) held its 2025 annual performance conference simultaneously in Beijing and Hong Kong. At the meeting, China Life Chairman Cai Xiliang stated that 2025 will be a year of intertwined multiple pressures for the company, but also a year full of harvest and substantial achievements. The company has once again achieved an all-around “full house” in scale, value, speed, quality, structure, efficiency, and safety, with several core indicators setting new historical records. A series of data fully demonstrates the company’s “stability” pattern, “progress” momentum, and “resilience” characteristics, successfully concluding the “14th Five-Year Plan” and taking the company’s development to a new level:

Firstly, comprehensive efforts to serve the overall situation. China Life actively participates in the construction of a multi-level social security system, with cumulative payments and compensation of nearly 900 billion yuan over five years; providing insurance protection for more than 270 million rural residents annually, and cumulatively participating in over 200 major illness insurance projects, more than 70 long-term care insurance projects, and over 140 urban commercial health insurance projects; effectively serving the development of the real economy, with investments exceeding 5 trillion yuan.

Secondly, comprehensive strength has fully risen. China Life’s total premium income has crossed the 100 billion yuan mark, becoming the first company in the industry to reach a platform of 700 billion yuan, with the scale of life insurance and health insurance reserves leading globally; total assets and investment assets have both crossed the 3 trillion yuan mark, surpassing 7.4 trillion yuan, with total market value exceeding 1 trillion yuan, ranking first among global life insurance companies by market value.

Thirdly, development security has been fully consolidated. China Life’s asset-liability management capabilities continue to be rated the highest in the industry; the solvency adequacy ratio has consistently remained within a healthy range; the comprehensive risk rating has maintained an A rating for 30 consecutive quarters, with nearly 8 quarters receiving the highest AAA rating; consumer protection regulatory evaluations have consistently ranked among the top in the industry.

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