On October 28, a financial news alert reported that Ping An Insurance (Group) Company Of China, Ltd. (ASX: 601318) released its unaudited results announcement for the nine months ended September 30, 2026.
For the first three quarters of 2026, the life and health insurance business recorded an operating profit of 87.238 billion yuan, representing a year-on-year increase of 5.7%.
With diversified channels developing in a coordinated manner, in the first three quarters of 2026, non-agent channels contributed 36.9% of new business value, up 1.8 percentage points year-on-year, while the community financial services channel saw its policy continuation rate for all payment cycles of existing customers rise 1.6 percentage points year-on-year.
The agent channel deepened its "optimize, recruit the best, and nurture the best" workforce strategy. In the first three quarters of 2026, among newly added agents, those with a college diploma or above accounted for 66.3%, up 6.5 percentage points year-on-year.
The company continued to advance the transition toward longer-payment-period products and proactively optimized the payment period structure. In the first three quarters of 2026, the share of long-payment-period new business in the agent channel increased by more than 10 percentage points year-on-year, with business value steadily improving.
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