CPIC to Leverage Diversified Channels to Drive Positive New Business Value Growth

Deep News10-28 20:40

On October 28, according to a financial frontline report, China Pacific Insurance (Group) Co., Ltd. (ASX: 601601) held its third-quarter 2026 results briefing today.

Management stated that for the full-year outlook, the company will continue to work around achieving positive growth in new business value. Specifically, to drive new business value growth, the company will leverage the role of diversified channels. From the perspective of the company's main business development channels, they are divided into individual agents, bancassurance, and direct marketing channels, and the company will make comprehensive efforts across multiple channels.

Management further stated that, first, from the agent channel, the company will further promote product structure and value growth around health protection products to drive investment at year-end. Second, from the bancassurance channel, the company will strengthen investment from state-owned banks. Looking ahead, breakthroughs with state-owned banks have already made substantial progress in the fourth quarter. Third, in the direct marketing channel, the company is focusing on precise segmented industry sectors, and the sales model has basically begun to take shape and become relatively mature, so it will be further refined in the fourth quarter.

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