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RNS Number : 7288E China Pacific Insurance Grp Co. Ltd 11 April 2025
11 April 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 March 2025, the
accumulated primary premium income of China Pacific Life Insurance Co., Ltd.,
a subsidiary of the Company, amounted to RMB100.215 billion, representing a
year-on-year increase of 9.3% and the accumulated primary premium income of
China Pacific Property Insurance Co., Ltd., a subsidiary of the Company,
amounted to RMB63.108 billion, representing a year-on-year increase of 1.0%.
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.
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