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China's insurance sector likely to see 13 pct average annual premium income growth during 2016-2020
China's insurance sector is estimated to see its total premium income hit about 4.5 trillion yuan in the 13th Five-Year Plan period (2016-2020), with the average annual growth of 13 pct during the period, said Xing Wei, president of Insurance Association of China, at China Insurance Innovation and Development Conference held in central China's Wuhan city on Sunday.
December07,2020
China's insurance sector sees rising assets in first nine months
According to data recently released by the China Banking and Insurance Regulatory Commission (CBIRC), the total assets of the Chinese insurance sector stood at 22.4 trillion yuan by the end of September,showing an increase of 1.9 trillion yuan or 9.1 percent over the figure at the start of the year.
November19,2020
China's insurance companies report robust performances in first three quarters
China's insurance sector reported strong growth in the first three quarters, with its total assets up 9.1 percent from the beginning of this year to 22.4 trillion yuan (about 3.40 U.S. dollars), the country's top banking and insurance regulator said on Tuesday.
November11,2020
China's insurance sector reports premium growth in first half
China's insurance industry is offering better support for economic development with generally controllable risks, the country's top insurance regulator said on Thursday.
July17,2020
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