14
November 2024
CHINA PACIFIC INSURANCE
(GROUP) CO., LTD.
(A joint stock company
incorporated in the People's Republic of China with limited
liability)
Announcement relating to
Premium Income
China Pacific Insurance (Group) Co., Ltd. (the
"Company" or "CPIC") today announces that, for the
period between 1 January 2024 and 31 October 2024, the accumulated
primary premium income of China Pacific Life Insurance Co., Ltd., a
subsidiary of the Company, amounted to RMB219.598 billion,
representing a year-on-year increase of 2.4% and the accumulated
primary premium income of China Pacific Property Insurance Co.,
Ltd., a subsidiary of the Company, amounted to RMB172.850 billion,
representing a year-on-year increase of 7.4%.
The accumulated primary premium income referred to
above is unaudited. Investors are advised to take note.
Announcement is hereby given.
Notes:
1. The primary premium income was prepared in
accordance with the PRC Accounting Standards for Business
Enterprises No. 25 - Original Insurance Contracts (Cai Kuai [2006]
No.3) and the Regulations regarding the Accounting Treatment of
Insurance Contracts (Cai Kuai [2009] No. 15) of the Ministry of
Finance of the People's Republic of China.
2. The accumulated primary premium income of
China Pacific Property Insurance Co., Ltd. is the consolidated data
including that of Pacific Anxin Agricultural Insurance Co., Ltd.,
its subsidiary.
By Order
of the Board of Directors
China Pacific Insurance (Group) Co., Ltd.
FU Fan
Chairman
About CPIC
CPIC is a joint stock company
established under the laws of the People's Republic of China with
limited liability.
CPIC's registered office is located
at 1 South Zhongshan Road, Huangpu District, Shanghai, the People's
Republic of China.
