On 26 march, china life insurance inc. (hereinafter referred to as “life in china”, stock code: 601628. Sh, 2628. Hk) held the 2025 annual performance fair in kyoto and hong kong。
At that meeting, china's life president, zai xiilang, stated that the next five years would remain a promising golden strategic opportunity for chinese lives, with four major dividends. The first is the economic and environmental dividend, which will provide the most solid basis for the development of the sector, with its solid base, strength, resilience and potential, as well as long-term and favourable supporting conditions and fundamental trends. The second is the policy dividend, with 27 references to insurance in the “fifty-five” plan outline, which clearly outlines the deployment of the “full-out supplementary guarantee of commercial health insurance” and the “strengthening of commercial old-age insurance” and the introduction of long-term care insurance. At the same time, “risk prevention, strong regulation and high-quality development” have become the mainstay of industry development, which, as regulatory policies such as the “one-size-fits-all”, the dynamic adjustment mechanism for scheduled interest rates and the new health insurance regulations continue to deepen, will continue to be well-ordered and increasingly conducive to a well-established and stable market. Thirdly, the demand dividend, the depth and density of insurance in the country are high, and the need for high-quality health, old age and financial management of the population is even more urgent, providing broad scope for industrial development. Fourth is the technology dividend, with intellectual technology, represented by artificial intelligence, which will provide deep-rooted insurance coverage of all aspects of the business, boost the productivity of the industry, greatly expand the customer base and the margin of security, and further reshape the organizational mode of operation。
“we will continue to work in three main areas: first, strengthening long-term and cross-cycle value creation, deepening asset-liability linkages, continuously building and optimizing “insurance +” service systems and improving the adequacy of supply and demand for product services; secondly, building future-oriented and scalable intellectual capabilities, driving management, product and business models; and thirdly, building and improving risk-control capabilities, building and refining asset robustness, reliability of liabilities, adequate solvency, multi-line coordinated and efficient comprehensive risk management systems to ensure firm stability.” the focus on how to achieve the goal of creating a chinese-class world-class life insurance company was proposed by zheilian。
Looking ahead to “155,” zheilian suggests that life in china will boost the quality of company development. The new steps lead to the early establishment of a chinese-style world-class life insurance company, which seeks to provide more warm services to its clients, create long-term, robust value returns for its shareholders and contribute more to china’s modernization。
