Off the wire
• 6 dead, over 10 hospitalized for alleged food poisoning in northern Vietnam  • Xinjiang sees growth in rural incomes  • China's PPPs grow steadily in 2016  • Xinhua Insight: Worried Chinese parents advertize unwed children  • Google Maps rolls out new function to share favorite locations  • Spotlight: Thousands in Mexico protest Trump's new immigration measures  • 1st LD-Writethru: China's factory-gate inflation picks up in January  • Cambodian PM, Putin's top security advisor discuss bilateral ties, int'l issues  • Nepal saves millions by printing banknotes in China  • Tibet's capital market hits 22 bln USD in 2016  
You are here: 　 Home

China's insurance premium income up 27.5 pct

Xinhua, February 14, 2017 Adjust font size:

China's insurance premium income continued steady growth, with a 27.5 percent year-on-year rise in 2016, the country's top insurance regulator said Tuesday.

Premium income reached 3.1 trillion yuan (about 450.6 billion U.S. dollars) from January to December, according to the China Insurance Regulatory Commission.

Growth slightly retreated from the 28.9 percent rise in the first eleven months.

Premium income of life insurance companies climbed 31.72 percent to hit 1.74 trillion yuan. Property insurance companies' premium income rose 9.12 percent to 872 billion yuan.

By the end of December, the industry had combined assets totalling 15.12 trillion yuan, up 22.31 percent from the beginning of the year. Endi