On the evening of April 26, China Life announced the first quarter results report of 2024. The company's first-year premiums of ten years or more accounted for 33.67% of first-year premiums, an increase of 5.57 percentage points over the same period in 2023. Driven by the rapid growth of medium- to long-term futures delivery business, cost reduction and efficiency, the value of the new business in the first quarter of 2024 achieved the highest growth rate in recent years, and the value of the new business increased by 26.3% compared to the value of the new business after the reset in the first quarter of 2023.
中国人寿一季度新业务价值实现近年来最高增速，达26.3%
China Life Insurance's new business value in the first quarter achieved the highest growth rate in recent years, reaching 26.3%
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