Money
China's insurance premiums hit 462b yuan in Q1
Updated: 2011-04-29 10:40
(Xinhua)
China's insurance premiums rose to 461.72 billion yuan ($70.98 billion) in the first quarter of the year, the China Insurance Regulatory Commission (CIRC) said Thursday.
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Insurance capital operation surpluses rose 6.6 percent to 5.02 trillion yuan from January to March, of which banking deposits accounted for 32.4 percent, or 1.63 trillion yuan, the CIRC said.
The industry's total assets rose 7 percent to 5.41 trillion yuan during the same period, it added.
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