Monday, February 6, 2012

Feb 06 - Total Assets of Insurance Companies Exceeded CNY 6 Trillion in 2011

Source: Economic Information Daily, ChinaScope Financial (Data)
+       Data released by the China Insurance Regulatory Commission (CIRC) on February 3 show that at the end of 2011, total assets of insurance companies reached CNY 6.01 trillion, ten times higher compared with CNY 600 in 2002.
+       Meanwhile, China’s insurance premium income reached CNY 1.43 trillion in 2011, a 10.4% year-on-year increase.
+       Related Data: Direct Written Premiums, Total Assets
Direct written premiums in decline compared to last year

The growth of total assets stable since 2009

Other News Headlines:
n China to Form an Institution to Manage Pension Fund Investment
n Central and Western Regions Witnessed Faster Economic Growth Compared with Eastern
Regions in 2011
n Total Assets of Insurance Companies Exceeded CNY 6 Trillion in 2011
n CEC: Power Supply Predicted Tight for 2012
n Private Investment Surpassed CNY 1 Trillion in Guangdong


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