Company Announcements

Announcement relating to Premium Income

Source: RNS
RNS Number : 9620Y
China Pacific Insurance Grp Co. Ltd
19 January 2022
 

 

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

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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