ChinaScope Fina...'s  Instablog

ChinaScope Financial
Send Message
ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
My company:
ChinaScope Financial
My blog:
ChinaScope Daily Dim Sum
  • Ping An Insurance: Direct Written Premium Up 12 Percent YoY In Jan-Aug 0 comments
    Sep 12, 2012 2:30 AM | about stocks: PIAIF

    Source: Company Disclosure, ChinaScope Financial (Data)

    + Ping An Insurance (Group) Co. of China Ltd. (2318: HKG; 601318: SHA) announced today that in the January-August period, direct written premium of the company's four wholly-owned subsidiaries amounted to CNY 160.88 billion, up 11.88 percent year-on-year.

    + Between January and August, the direct written premiums of the four subsidiaries were: CNY 91.9 billion (Ping An Life Insurance Co., Ltd.), CNY 64.66 billion (Ping An Property and Casualty Insurance Co., Ltd.), CNY 146 million (Ping An Health Insurance Co., Ltd.), and CNY 4.17 billion (Ping An Annuity Insurance Co., Ltd.).

    DWP growth of Ping An (601318: SHA)'s life insurance line continued to grow in August and growth of p&c stayed at a relatively high level. The company's firm position in the p&c market provides Ping An with strong growth fundamentals despite industry downturn.(click to enlarge)

    Stocks: PIAIF
Back To ChinaScope Financial's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.