REG - China Pacific Insur. - Announcement relating to Premium Income

China Pacific Insurance CoAnnouncement

18/02/2025 09:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250218:nRSR5230Xa&default-theme=true

RNS Number : 5230X  China Pacific Insurance Grp Co. Ltd  18 February 2025

18 February 2025

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 2025 and 31 January 2025, the
accumulated primary premium income of China Pacific Life Insurance Co., Ltd.,
a subsidiary of the Company, amounted to RMB49.575 billion, representing a
year-on-year increase of 10.3% and the accumulated primary premium income of
China Pacific Property Insurance Co., Ltd., a subsidiary of the Company,
amounted to RMB26.696 billion, representing a year-on-year increase of 5.1%.

 

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

 

 

Notes:

 

1. The primary premium income was 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 premium income of China Pacific Property Insurance
Co., Ltd. is 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.

FU Fan

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEANAPFDLSEEA