China Life Insurance Co Ltd Class A

601628: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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China Life Earnings: Robust Growth in New Business Dampened by Fourth-Quarter Investment Losses

Iris Tan

Mar 26, 2026

China Life's 2025 profit growth slowed to 44% from 61% in the first nine months, due to weak investment returns and impairment charges, implying a CNY 13.7 billion fourth-quarter loss. New business value, or NBV, grew a solid 36%.

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China Life Insurance Co Ltd Class A

China Life Earnings: Robust Growth in New Business Dampened by Fourth-Quarter Investment Losses

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