With assets exceeding 8 trillion yuan, China Life Insurance, the "king of life insurance," earned 134.5 billion yuan in the first half of the year.

With assets exceeding 8 trillion yuan, China Life Insurance, the "king of life insurance," earned 134.5 billion yuan in the first half of the year.

China Life, a leading institution in the life insurance industry, released its 2026 semi-annual report, which immediately attracted a lot of attention.

According to its interim report, China Life Insurance Company Limited achieved a net profit attributable to the parent company of RMB 134.489 billion in the first half of 2026, a significant year-on-year increase of 228.6%. In addition, the company's total assets exceeded RMB 8 trillion, and its total investment management scale approached RMB 8 trillion, demonstrating its growing market influence as long-term and smart capital.

Premium income hit a record high

The interim report shows that China Life's premium income reached a new high in the first half of the year, with the company achieving a total premium income of 536.634 billion yuan, continuing to maintain its leading position in the industry.

In addition, the company's new single premium reached RMB180.039 billion, an increase of 11.6% year-on-year; the first-year premium for insurance premiums exceeded RMB100 billion for the first time in history, reaching RMB101.294 billion, an increase of 24.7% year-on-year; and the first-year premium for insurance premiums with a term of ten years or more reached RMB36.121 billion, an increase of 19.2% year-on-year.

As a result, the company's new business value (NBV) reached RMB 38.167 billion in the first half of the year, a rapid increase of 33.7% compared with the same period last year, and long-term indicators also performed well.

Investment income exceeded 314.5 billion yuan

Benefiting from a favorable capital market and optimized investment strategy, China Life has also achieved significant breakthroughs in asset size and investment returns. As of the end of the reporting period in 2026, the company's total assets reached RMB 8.09 trillion, an increase of 6.6% compared to the end of 2025; in addition, investment assets reached RMB 7.95 trillion, an increase of 7.0% compared to the end of the previous year.

The massive amount of funds generated good returns on the investment side. In the first half of 2026, the company achieved total investment income of RMB 314.504 billion, a significant increase of RMB 186.998 billion compared with the same period of the previous year; the total investment return rate reached 5.58%, an increase of 229 basis points compared with the same period of the previous year.

The interim report stated that the company adheres to the investment philosophy of long-term investment, value investment, and prudent investment , and continues to optimize its cross-cycle investment layout. At the same time, it steadily promotes the allocation of high-quality assets in fields such as new productivity , and continuously enhances the resilience of its investment portfolio and its long-term return potential.

More than 500 intelligent agents have been built.

In terms of technology investment and digital operations, China Life relies on its enterprise-level artificial intelligence platform to build more than 90 digital application scenarios and construct more than 500 intelligent agents, achieving coverage and empowerment of core areas such as sales support, operations management, and customer service.

According to the company's semi-annual report, the intelligent underwriting review rate reached 96.8% in the first half of the year, the digital underwriter operation rate exceeded 37%, the intelligent review rate of policy maintenance services reached 99%, the proportion of claims handled by digital and intelligent services exceeded 75%, and the number of medical insurance claims settled directly in one stop exceeded 2.3 million.

Dividend of 0.358 yuan per share

In addition, China Life will also announce an interim dividend. According to the board resolution, the company plans to distribute an interim cash dividend of RMB 0.358 per share (inclusive of tax) to all shareholders for 2026, totaling approximately RMB 10.119 billion.

Based on the closing price on August 27, the dividend yield for the interim dividend is 0.93%.

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