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ChinaScope Financial
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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
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  • CIRC: The Total Value Of Insurance Company Portfolio Reaches CNY 3.85 Trillion At End Of Feb. 0 comments
    Mar 22, 2012 3:09 AM
    Source: China Insurance Regulatory Commission, ChinaScope Financial (Data)

    + Data released by the China Insurance Regulatory Commission (OTCPK:CIRC) on March 21 shows that at the end of February, the total value of insurance company investment portfolio reached CNY 3.85 trillion, CNY 26 billion higher than in January, and a 14.3% year-on-year increase.

    + Total asset value of the insurance industry was CNY 6.1 trillion in February 2011, a 17.3% year-on-year increase.

    Direct written premiums increased 6.3% YoY in February.

    The growth of total assets has remained stable since 2009.

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