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Ping An Insurance's premium income up 30.46% in 2011

Jan. 16, 2012 (China Knowledge) - Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer by premium income, has said that its insurance premium income amounted to RMB 207.43 billion last year.

The figure reflected a 30.46% increase from 2010.

In 2011, the group's life insurance unit, Ping An Life Insurance Co Ltd, realized RMB 118.97 billion in premium income, said the insurer in a statement, without giving any comparable figures.

Premium income of its property and casualty insurance unit was RMB 83.33 billion during the reporting period.

The group's health insurance unit and annuity insurance unit recorded premium income of RMB 131.43 million and RMB 5 billion respectively during the ten-month period of last year.

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