Dec. 16, 2011 (China Knowledge) - PICC Property & Casualty Co<2328
>, China's largest non-life insurer in terms of premiums, said yesterday that its insurance premium income amounted to RMB 157.5 billion in the first 11 months of this year.
The figure reflected an increase of 12.29% from RMB 140.26 billion in the same period of last year.
In November alone, the company's insurance premium income was RMB 13.26 billion.
Ping An Property & Casualty Insurance Co, the property insurance arm of Ping An Insurance (Group) Co<601318
>, saw its insurance premium income reach RMB 74.68 billion in the first 11 months.
China Pacific Property Insurance Co, the property insurance unit of China Pacific Insurance (Group) Co Ltd<601601
>, recorded RMB 55.9 billion in insurance premiums during the 11-month period.