Insurance premium income drops 3.3%
Print Edition
China鈥檚 insurance sector saw premium income fall 3.33 percent year on year to 2.2 trillion yuan (US$319.3 billion) in the first half of the year, according to official data.
The drop slightly narrowed from the 5.9-percent fall seen in the first five months.
Property insurance firms posted a 14.2-percent rise in premium income, but life insurance companies, which take up over 70 percent of the total premium income, saw an 8.5-percent drop, data from the China Banking and Insurance Regulatory Commission showed.
By the end of June, the industry had combined assets of 17.6 trillion yuan, up 5.35 percent from the start of 2018.
Authorities tightened rules on the insurance sector last year as they prioritized prevention of systemic financial risks.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
