19th Jan 2022 10:32
19 January 2022
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") announces that the accumulated primary insurance premiums of China Pacific Life Insurance Co., Ltd. ("CPIC Life") and China Pacific Property Insurance Co., Ltd. ("CPIC P/C"), both of which are subsidiaries of the Company, for the period between 1 January 2021 and 31 December 2021 amounted to RMB209.610 billion and RMB153.063 billionnote, respectively. The details are set out below:
| Unit: in RMB million |
CPIC Life | January to December 2021 |
Individual customers | 197,442 |
Agency channel | 185,581 |
New policies | 29,010 |
Regular premium business | 24,553 |
Renewed policies | 156,571 |
Other channels | 11,861 |
Group clients | 12,168 |
Accumulated gross premium income | 209,610 |
CPIC P/C |
January to December 2021 |
Automobile insurance | 91,800 |
Non-automobile insurance | 61,263 |
Accumulated gross premium income | 153,063 |
Note: Due to rounding, there may be slight differences between item aggregates and the totals.
The accumulated primary insurance premiums referred to above are unaudited. Investors are advised to take note.
Note: Consolidated data of China Pacific Property Insurance Co., Ltd. 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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