Scribd Logo
Upload

Welcome to Scribd!

  • 48 views

    Announcement of Premium Income: (In RMB Ten Thousand) January-May 2020

    Uploaded by

    J. Bangjak
    1) The accumulated gross premium incomes of the Company's subsidiaries from January to May 2020 are provided, totaling over RMB38 billion. 2) Details are given on the accumulated gross premium income of the life insurance and health insurance business, totaling over RMB26 billion. 3) Additional details are provided on the accumulated gross premium income of Ping An Property & Casualty Insurance Company of China, Ltd., totaling nearly RMB12 billion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Announcement of Premium Income: (In RMB Ten Thousand) January-May 2020

    Uploaded by

    J. Bangjak
    48 views2 pages
    1) The accumulated gross premium incomes of the Company's subsidiaries from January to May 2020 are provided, totaling over RMB38 billion. 2) Details are given on the accumulated gross premium income of the life insurance and health insurance business, totaling over RMB26 billion. 3) Additional details are provided on the accumulated gross premium income of Ping An Property & Casualty Insurance Company of China, Ltd., totaling nearly RMB12 billion.

    Original Description:

    ht

    Original Title

    2020061201143

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1) The accumulated gross premium incomes of the Company's subsidiaries from January to May 2020 are provided, totaling over RMB38 billion. 2) Details are given on the accumulated gross premium income of the life insurance and health insurance business, totaling over RMB26 billion. 3) Additional details are provided on the accumulated gross premium income of Ping An Property & Casualty Insurance Company of China, Ltd., totaling nearly RMB12 billion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    48 views2 pages

    Announcement of Premium Income: (In RMB Ten Thousand) January-May 2020

    Uploaded by

    J. Bangjak
    1) The accumulated gross premium incomes of the Company's subsidiaries from January to May 2020 are provided, totaling over RMB38 billion. 2) Details are given on the accumulated gross premium income of the life insurance and health insurance business, totaling over RMB26 billion. 3) Additional details are provided on the accumulated gross premium income of Ping An Property & Casualty Insurance Company of China, Ltd., totaling nearly RMB12 billion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take

    no responsibility for the contents of this announcement, make no representation as to its accuracy
    or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising
    from or in reliance upon the whole or any part of the contents of this announcement.

    ANNOUNCEMENT OF PREMIUM INCOME

    Pursuant to the “No. 2 Interpretation of Accounting Standards for Business


    Enterprises” and the “Regulations regarding the Accounting Treatment of Insurance
    Contracts” of the Ministry of Finance of the PRC, the accumulated gross premium
    incomes of the subsidiaries of the Company for the period from January 1, 2020 to
    May 31, 2020 are set out as follows:

    (in RMB ten thousand) January-May 2020


    Subsidiaries The accumulated gross premium income
    Ping An Property & Casualty Insurance Company of
    11,966,600
    China, Ltd.
    Ping An Life Insurance Company of China, Ltd. 24,628,041
    Ping An Annuity Insurance Company of China, Ltd. 1,275,346
    Ping An Health Insurance Company of China, Ltd. 406,108

    The details of the accumulated gross premium income of the life insurance and
    health insurance business for the abovementioned period are set out as
    follows:

    (in RMB ten thousand) January-May 2020


    Life Insurance and Health Insurance Business
    Individual business 25,128,334
    New business 6,284,854
    Renewal business 18,843,480
    Group business 1,181,161
    New business 1,174,002
    Renewal business 7,159
    Total 26,309,495
    Notes:
    1. The Company conducts life insurance and health insurance business through Ping An Life Insurance Company
    of China, Ltd., Ping An Annuity Insurance Company of China, Ltd. and Ping An Health Insurance Company of
    China, Ltd. The accumulated gross premium income for life insurance and health insurance business of the
    Company is the sum of the gross premium income of each of these three subsidiaries.
    2. The Company has categorized the policyholders of the life insurance and health insurance business into
    individual business and group business.
    The details of the accumulated gross premium income of Ping An Property &
    Casualty Insurance Company of China, Ltd. for the abovementioned period are
    set out as follows:

    (in RMB ten thousand) January-May 2020


    Ping An Property & Casualty Insurance
    Company of China, Ltd.
    Automobile insurance 7,967,162
    Non-automobile insurance 3,319,768
    Accident and health insurance 679,670
    Total 11,966,600

    Investors are advised to take note that the abovementioned information has not been
    audited.

    By order of the Board


    Sheng Ruisheng
    Joint Company Secretary

    Shenzhen, PRC, June 12, 2020

    As at the date of this announcement, the Executive Directors of the Company are Ma
    Mingzhe, Xie Yonglin, Tan Sin Yin, Yao Jason Bo and Cai Fangfang; the
    Non-executive Directors are Soopakij Chearavanont, Yang Xiaoping, Liu Chong and
    Wang Yongjian; the Independent Non-executive Directors are Ge Ming, Ouyang Hui,
    Ng Sing Yip, Chu Yiyun and Liu Hong.

    You might also like