China Pacific Insurance Grp Co. Ltd Announcement relating to Premium Income (2291J)
August 14 2023 - 4:21AM
UK Regulatory
TIDMCPIC
RNS Number : 2291J
China Pacific Insurance Grp Co. Ltd
14 August 2023
14 August 2023
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 2023
and 31 July 2023, the accumulated primary insurance premiums of
China Pacific Life Insurance Co., Ltd., a subsidiary of the
Company, amounted to RMB175.072 billion, representing a
year-on-year increase of 9.7% and the accumulated primary insurance
premiums of China Pacific Property Insurance Co., Ltd., a
subsidiary of the Company, amounted to RMB118.737 billion,
representing a year-on-year increase of 13.1%.
The accumulated primary insurance premiums referred to above are
unaudited. Investors are advised to take note. Announcement is
hereby given.
Notes:
1. The primary insurance premiums were 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 insurance premiums of China Pacific
Property Insurance Co., Ltd.
are the consolidated data including that of China Pacific Anxin
Agricultural Insurance Co., Ltd., its
subsidiary.
By Order of the Board of Directors
China Pacific Insurance (Group) Co., Ltd.
KONG Qingwei
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 or visit 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.
END
MSCEANPLFAEDEEA
(END) Dow Jones Newswires
August 14, 2023 05:21 ET (09:21 GMT)
China Pacific (LSE:CPIC)
Historical Stock Chart
From May 2024 to Jun 2024
China Pacific (LSE:CPIC)
Historical Stock Chart
From Jun 2023 to Jun 2024