Total Assets of Insurance Industry Breaking Through RMB9 Trillion Yuan
Source:Beijing Business Today
China insurance regulatory commission disclosed that the total assets of insurance industry has broken through RMB9 trillion yuan at the first time up till this May and the specific amount is RMB9043,819 billion yuan with growth of 9.11% compared with the beginning of the year.
 
China insurance regulatory commission also disclosed that the insurance premium is up to RMB976,567 billion yuan of the former five months with year-on-year growth of 26.11%. Thereof property insurance company income is RMB310,318 billion yuan with year-on-year growth of 16.78% and keeps steady speed as the former four months. Life insurance company income is RMB666,243 billion yuan with year-on-year growth of 30.98%. Besides, the use of insurance fund balance is RMB8290,719 billion yuan with growth of 7.85% compared with the beginning of the year. Thereof bank deposit is RMB2332,966 billion yuan accounting for 28.14%, bond RMB3558,846 billion yuan accounting for 42.93%; stock and security investment fund RMB814,116 billion yuan accounting for 9.82% and other investment RMB1584,794 billion yuan accounting for 19.11%.

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