37 insurance firms have had lifted registered capital by CNY 19.286 billion since the start of 2009, including 25 Chinese insurance firms with added registered capital of CNY 15.171 billion and 12 joint-venture firms with increased registered capital of CNY 4.115 billion, according to data issued by the China Insurance Regulatory Commission.

Nissay-Greatwall Life Insurance Co., Ltd. gained the regulatory approval to add its registered capital by over CNY 1 billion, the largest amount among all joint-venture insurance firms in 2009.

China Continent Property & Casualty Insurance Company Ltd. raised its registered capital by CNY 3 billion, the largest amount among all Chinese insurance firms. This helped the firm lift its registered capital to CNY 4.72 billion and the solvency to more than 260%. PICC Life Insurance Co., Ltd. saw its registered capital grow by CNY 2.708 billion, the second largest amount, followed by PICC Health Insurance Company Limited with added registered capital of CNY 2 billion.

Source: www.bjbusiness.com.cn (November 09, 2009)