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China Pacific Insurance's premium income up 4.68% in Jan-Oct

Nov. 13, 2012 (China Knowledge) - China Pacific Insurance (Group) Co Ltd<601601><2601>, a major insurer in the country, has said its insurance premium income amounted to RMB 138.7 billion in the first ten months of this year, up 4.68% YoY.

According to a statement filed with Hong Kong Stock Exchange, the company's life insurance unit booked a premium income of RMB 81.8 billion in the period.

Meanwhile, the company's property insurance unit saw its premium income reach RMB 56.9 billion from January to October.

In the first nine months of this year, the company saw its net profit attributable to shareholders decrease 55.33% YoY to RMB 3.14 billion.

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