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Premium income in China jumps 8% in first 9 months

 

Monday, Oct 19,2009, 5:16:08 PM   Click:

China Insurance Regulatory Commission Chairman.

China's premium income in the first nine months rose 8.1 per cent from a year earlier to 858.03 billion yuan (US$125.63 billion), according to Wu Dingfu, China Insurance Regulatory Commission Chairman. In the first three quarters, China's property insurance premium income rose 21.4 per cent year on year to 223.39 billion yuan.

* Life insurance premium income grew 4.1 per cent year on year to 634.64 billion yuan.

* The profits of insurers during the January-September period was 39.19 billion yuan, representing an increase of 45.77 billion yuan over the same period last year.

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