Feb 07 - Premium Income Rose in Property Insurance But Fell in Life Insurance in 2011

Source: China Business News, ChinaScope Financial (Data)

+       Data from the China Insurance Regulatory Commission (CIRC) show that in 2011, the original premium income of property insurance was CNY 461.8 billion, an 18.54% year-on-year increase, while the original premium income of life insurance was CNY 972.1 billion, an 8.57% year-on-year decrease.

+       In 2011, the boom in commercial auto insurance contributed to the increase in property insurance premium. The decrease in life insurance premium was caused by new regulations on bancassurance.

+       Related Data: DWP, P&C Insurance, Life Insurance


Direct written premiums of life and health insurance in decline compared to last year.

Other News Headlines:

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n Premium Income Rose in Property Insurance But Fell in Life Insurance in 2011

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