China’s total insurance premiums are forecast to have grown 33 percent to 1.47 trillion yuan ($222.1 billion) in 2010 from a year earlier, the country’s industry regulator said on Tuesday.
In a statement on its website, the China Insurance Regulatory Commission said profits at Chinese insurers likely jumped 14.4 percent to 60.7 billion yuan in 2010 from a year earlier. (www.circ.gov.cn.)
Assets in the industry totalled 5 trillion yuan in the same period, the regulator said, without giving a year-earlier comparison.
Source : Reuters
