New China Life Insurance Announces FY 2024 Financial Results
March 27, 2025 – New China Life Insurance Company Ltd. has announced its financial results for the full year ended December 31, 2024. The company reported a net profit attributable to shareholders of RMB26,229 million.
Key Financial Highlights:
- Net Profit Attributable: RMB26,229 million
- Total Revenues: RMB132,044 million
- Final Cash Dividend: RMB1.99 per share
The report, released on March 27, 2025, also included information on the company’s overall performance during the fiscal year. Further details of the business operations are available in the full report.
Company Overview
New China Life Insurance Company Ltd. is a China-based company primarily engaged in providing life insurance services and products. It also offers wealth management and related businesses.
The company operates through three main segments:
- Traditional Insurance: Includes traditional life insurance, health insurance, and accident insurance.
- Dividend Insurance: Provides insurance with direct participation in dividends.
- Other Business: Primarily, universal insurance business is the focus.
The company is working on expanding its services and offers a health care business and wealth management services.
