China Insurers' Jan-Oct Premiums Up 14% on Year

   Date:2006/12/31
China's insurers collected CNY470.03 billion in premiums in the first 10 months this year, up 14% from last year's CNY412.26 billion, according to data from the China Insurance Regulatory Commission.

China's insurance companies had assets of CNY1.845 trillion at the end of October, up from CNY1.472 trillion a year earlier, data issued Monday by the CIRC showed.

Bank deposits held by insurers totaled CNY546.67 billion at the end of October, up from CNY507.40 billion a year earlier. Insurers had total investments of CNY1.125 trillion at the end of October, up from CNY834.52 billion a year earlier, according to the data.

Below is a table of January-October insurance premiums by category, according to CIRC data:
 
Jan-Oct '06
Jan-Oct '05
On-Yr Change
Life insurance
CNY299.64B
CNY269.75B
+11%
Property insurance
CNY125.86B
CNY104.26B
+21%
Health insurance
CNY30.49B
CNY26.12B
+17%
Accident insurance
CNY14.04B
CNY12.13B
+16%

Source:佚名

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