Rate of ROI of Insurers Reached 1.07% in Q1
Thursday, May 05,2011, 8:43:45 AM Click:
According to China Insurance Regulatory Commission, by the end of the first quarter in 2011, the insurance capital utilization balance reached CNY 5.02 trillion, rising 6.6% from the beginning of this year.
From January to March, insurance investment incomes reached CNY 51.5 billion, with the average yield of 1.07%.
Of the total, there are CNY 1.63 trillion of banking deposits, CNY 2.34 trillion of bonds, CNY 282.7 billion of securities investment funds, CNY 409.7 billion of stock assets, CNY 178.3 billion of long-term equity investment and CNY 21.5 billion of real estate investment, accounting for 32.4%, 46.7%, 5.6%, 8.2%, 3.6% and 0.4% of the total respectively.
During the same period, the country's insurance sector achieved the primary premium revenue of CNY 461.72 billion. Thereinto, life insurance premium reached CNY 321.04 billion while the non-life insurance premiums were CNY 113.3 billion. By the end of March, insurance industry had the total assets of CNY 5.41 trillion, up 7.0% from the start of this year.
You may also be interested in:
- Rising Deficit Frames Health Care Debate
- NAIC Backs Standard Valuation Model, Plans for Implementation Manual
- A.M. BEST REVISES OUTLOOK TO NEGATIVE FOR ISSUER CREDIT RATING OF ORIENTAL INSURANCE CO LTD
- Bernanke Says He Didn't Bully BofA To Buy Merrill
- Prudential Report Shows Employers allowances budgets hit hard by economy
Featured
Southern Bank, Springfield, Missouri, Assumes All of
Great Southern Bank, Springfield, Missouri, Assumes All of the Deposits of
SC bill extends health coverage to adult children
Copyright: The Associated Press. All rights reserved. May This material may not
Lincoln: Can't Support Health Care Gov't Option
RUSSELLVILLE - U.S. Sen. Blanche Lincoln told a sometimes jeering crowd on
Latin America, North America and the Caribbean -
Copyright: M2 COMMUNICATIONS LTD Source: M2 Presswire Wordcount: Dublin -
AnalystChoice.com Free Investment Opinion on PGR, NWL,
NEW DELHI, INDIA -- (MARKET WIRE) -- 06/03/09 -- Analyst Choice has combined
MOST POPULAR
- Most Read
- Most Discussed
- Most Emailed
- A.M. Best Places Ratings of Forethought Life Insurance Compa
- A.M. Best Downgrades Issuer Credit and Debt Ratings of Jackson National Life Insurance Company and Its Affiliates
- A.M. Best Downgrades Ratings of Bankers Life Insurance Company; Revises Outlook to Negative
- Farmers Insurance(R) Named One of the 'Best Companies to Work For' in the Greater Kansas City Area
- Till Death Do Us Part; How second-to-die life insurance pol
- Chartis Charts Its Path Away From AIG
- A.M. Best Revises Outlook to Negative for AXA Financial, Inc
- Prepared Insurance Strategy Shaped by Florida Regulation, Rates
- Bank of America began to reduce the principal amount of mortgage loan modifications
- A.M. Best Downgrades Issuer Credit Ratings of Primerica Life
-
Coalition Says Public Health Option Would Lead to Single-Payer System -
Global Risk Partners Increases Speed and Accuracy of Risk An -
Obama: Reform would help small businesses -
Fla. House panel approves bill for hurricane insurance -
Medicare Issues New Guidance To Insurance Companies On Medicare Mailings -
Hooper Holmes responded to the proposal of shareholders -
Fitch decline Attorneys' Title IFS to 'CCC' -
Merck sued over patent on allergy drug Singulair


Discuss this news
Click Here to see all comments