China Pacific Insurance Group President Zhao Yonggang: Aiming for three significant breakthroughs by 2026

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March 27 financial front-line news: China Taiping today held its 2025 annual results briefing. Group CEO Zhao Yonggang said that looking ahead to 2026, we are aiming for effective breakthroughs in our strategic tasks by pursuing higher quality, stronger resilience, and a more solid foundation; we will adhere to a strategy of progressing steadily while improving quality and efficiency, and coordinate and drive all of the company’s business operations by leveraging three major strategies: integrated healthcare and senior care, internationalization, and “Artificial Intelligence +”, to ensure a strong start for the 15th Five-Year Plan period.

Zhao Yonggang said that in 2026, it is hoped to achieve three effective breakthroughs: first, to achieve an effective breakthrough in serving the overall situation of the 15th Five-Year Plan. By continuously strengthening our functions and taking a position of mission-first leadership, we will serve the development of the modern industrial system and technological innovation, proactively improve the level of保障 and services in the people’s livelihood space, align with the new trends and new demands of national reform and development, make more precise efforts in key areas, and create more opportunities for the release of the “five articles” of characteristic finance.

Second, it is necessary to achieve an effective breakthrough in fostering new growth drivers. Further improve the performance of our main businesses; through upgrades in refined management, steadily increase the new business value of life insurance, continuously enhance the underwriting profitability of property insurance, and drive the ongoing improvement of core competitiveness. We also need to continuously optimize the asset-liability management system. We will strictly adhere to the risk bottom line.

Third, to achieve effective breakthroughs in advancing the three major strategies. We must vigorously develop commercial health insurance and pension finance; achieve steady growth in health insurance, premium, and pension scales; ensure that senior care and health services provide more effective enablement for the development of our core business; and also steadily increase the proportion of overseas premium income, optimize the allocation of overseas assets, and achieve a steady rise in market share at our institutions in Hong Kong. Meanwhile, we should also accelerate the rollout and scaled application of artificial intelligence, build an enterprise-level knowledge system and management platform, promote technological innovation, and shift from a single-point approach to an ecosystem-based approach.

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责任编辑:Wang Xinru

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