Date
15 November 2018

Insurance firms’ total assets top 8 trln yuan, report says

The assets of Chinese insurance companies totaled 8.1 trillion yuan (US$1.327 trillion) as of the end of September, the Economic Information Daily reported Monday, citing Zhou Yanli {周延禮}, vice chairman of the China Insurance Regulatory Commission. Zhou said the insurance industry has rebounded during the first nine months this year, reversing a downward trend seen during the last two years. Insurance premiums during January to September totaled 1.34 trillion yuan, up 11.2 percent from the previous year. 

– Contact HKEJ at [email protected]

EL/AC/RC

 

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