China Life Group's revenue grew by 11.3%, and the "digital intelligence transformation" continues to accelerate

Standing at the intersection of the conclusion of the "14th Five-Year Plan" and the beginning of the "15th Five-Year Plan," China Life, an insurance giant with an asset scale exceeding 8 trillion yuan, is attempting to reshape its growth logic through a deep "digital and intelligent transformation." On January 28-29, China Life held its 2026 work conference, revealing that the group's consolidated operating income has reached 1.28 trillion yuan, a year-on-year increase of 11.3%, and consolidated investment income of 401.1 billion yuan, an increase of 17.6%. From the asset side, by the end of 2025, China Life's consolidated total assets will reach 8.56 trillion yuan, with managed assets as high as 17.5 trillion yuan, maintaining a double-digit asset growth rate despite a downward trend in interest rates and a scarcity of quality assets. The expansion of scale is not the only goal. Group Chairman Joseph Tsai emphasized at the meeting that the entire system must comprehensively promote digital and intelligent transformation, focusing on six key elements: data, algorithms, computing power, platforms, ecosystems, and scenarios; This deployment sends a clear signal that after the traditional "human sea tactics" and "heavy asset-driven" model in the insurance industry has hit a ceiling, China Life is attempting to optimize its management system and business model through technological means. According to Xinfeng, the so-called "digital and intelligent transformation" is centered on leading the company to become a "new force in insurance in the digital age" through agile transparency in organizational operations and real-time risk perception across the board; This is not only a strategy to cope with market competition but also a booster for the comprehensive breakthrough of its "333 strategy." In terms of regulatory ratings, China Life's life insurance, property insurance, pension insurance, and asset management companies have all maintained the highest industry ratings, reflecting that while scaling up, it has not relaxed its bottom-line thinking on risk prevention and control; The meeting pointed out that in the future, China Life Group still needs to adhere to its main business, promote "slimming down and strengthening," and comprehensively enhance value creation. For the key work in 2026, the management team of China Life has set high-quality development goals such as steady progress in operating performance and accelerated cultivation of new growth drivers; As the "15th Five-Year Plan" gradually unfolds, how this financial flagship transforms its technological advantages into real operational efficiency in the deep waters of digital transformation, while smoothly leveraging the scale dividends accumulated during the "14th Five-Year Plan," will be a key sample for observing the transformation of China's insurance industry. From the data perspective, although the premium income and profit performance for 2025 are impressive, the related data has not yet been audited, and the final quality remains to be tested over time