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RNS Number : 9772W China Pacific Insurance Grp Co. Ltd 15 December 2023
15 December 2023
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, for the period between 1 January 2023 and 30 November 2023,
the accumulated primary insurance premiums of China Pacific Life Insurance
Co., Ltd., a subsidiary of the Company, amounted to RMB223.977 billion,
representing a year-on-year increase of 4.4% and the accumulated primary
insurance premiums of China Pacific Property Insurance Co., Ltd., a subsidiary
of the Company, amounted to RMB174.757 billion, representing a year-on-year
increase of 11.8%.
The accumulated primary insurance premiums referred to above are unaudited.
Investors are advised to take note.
Notes:
1. The primary insurance premiums were prepared in accordance with the PRC
Accounting Standards for Business Enterprises No. 25 – Original Insurance
Contracts (Cai Kuai 2006 No. 3) and the Regulations regarding the Accounting
Treatment of Insurance Contracts (Cai Kuai 2009 No. 15) of the Ministry of
Finance of the People’s Republic of China.
2. The accumulated primary insurance premiums of China Pacific Property
Insurance Co., Ltd. are the consolidated data including that of Pacific Anxin
Agricultural Insurance Co., Ltd., its subsidiary.
By Order of the Board of Directors
China Pacific Insurance (Group) Co., Ltd.
KONG Qingwei
Chairman
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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