17 Oct 2023 11:00
17 October 2023
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
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China Pacific Insurance (Group) Co., Ltd. (the "Company" or "CPIC") today announces that, for the period between 1 January 2023 and 30 September 2023, the accumulated primary insurance premiums of China Pacific Life Insurance Co., Ltd., a subsidiary of the Company, amounted to RMB204.747 billion, representing a year-on-year increase of 7.9% and the accumulated primary insurance premiums of China Pacific Property Insurance Co., Ltd., a subsidiary of the Company, amounted to RMB148.455 billion, representing a year-on-year increase of 11.8%.
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The accumulated primary insurance premiums referred to above are unaudited. Investors are advised to take note. Announcement is hereby given.
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Notes:
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1. The primary insurance premiums were 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.
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2. The accumulated primary insurance premiums of China Pacific Property Insurance Co., Ltd.
are the consolidated data including that of China Pacific Anxin Agricultural Insurance Co., Ltd., its
subsidiary.
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By Order of the Board of Directors
China Pacific Insurance (Group) Co., Ltd.
KONG Qingwei
Chairman
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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.