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Announcement relating to Premium Income

14th Jul 2021 09:54

RNS Number : 2192F
China Pacific Insurance Grp Co. Ltd
14 July 2021
 

 

14 July 2021

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with limited liability)

Announcement relating to Premium Income

China Pacific Insurance (Group) Co., Ltd. (the "Company" or "CPIC") today announces that the accumulated primary premium income of China Pacific Life Insurance Co., Ltd. ("CPIC Life") and China Pacific Property Insurance Co., Ltd. ("CPIC P/C"), both of which are the subsidiaries of the Company, for the period between 1 January 2021 and 30 June 2021 amounted to RMB141.378 billion and RMB81.808 billionnote, respectively. The details are set out below:

 

Unit: in RMB million

CPIC Life

January to June 2021

Individual customers

131,406

Agency channel

127,252

New policies

22,587

Regular premium business

19,711

Renewed policies

104,665

Other channels

4,154

Group clients

9,972

Accumulated primary premium income

141,378

 

CPIC P/C

January to June 2021

Automobile insurance

44,642

Non-automobile insurance

37,166

Accumulated primary premium income

81,808

Note: Due to rounding, there may be slight differences between item aggregates and the totals.

 

The accumulated primary premium income referred to above is unaudited. Investors are advised to take note.

 

Note: Consolidated data of CPIC P/C and China Pacific Anxin Agricultural Insurance Co., Ltd., its subsidiary.

 

By Order of the Board of Directors

China Pacific Insurance (Group) Co., Ltd.

KONG Qingwei

Chairman

 

This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014.

 

About CPIC

CPIC is a joint stock company established under the laws of the People's Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu District, Shanghai, the People's Republic of China.

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