The Ping An Insurance Group of China (SEHK:02318; SSE:601318) announced on Thursday that it made insurance premiums of 129.48 billion yuan (US$20.25 billion) in the first seven months, a jump of nearly 35 per cent over the same period of last year. According to the announcement, the four subsidiaries of China Ping An Life Insurance Co., Ping An Property and Casualty Insurance Co., Ping An Health Insurance Co. and Ping An Annuity Insurance Co. respectively earned premium income of 78.84 billion yuan, 47.3 billion yuan, 69 million yuan and 3.27 billion yuan in the January to July period, respectively up 35 per cent, 36 per cent, 84 per cent and 29 per cent year on year.