日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / English Column / Business (new) / Photo news Tools: Save | Print | E-mail | Most Read
Insurers Post 37.3% Rise in Invested Assets
Adjust font size:

Chinese insurers have invested 987.17 billion yuan (US$123.39 billion) of their assets in the first five months, up 37.3 percent over the same period last year, industry regulator said Wednesday.

 

The China Insurance Regulatory Commission (CIRC) said the insurers' assets totaled 1.68 trillion yuan (US$210 billion), up 24.35 percent year on year.

 

To boost earnings in the insurance industry and develop the country's capital markets, insurers were allowed to expand their investment horizons beyond ultra conservative, low-yield products to corporate debt, domestically listed shares and securities overseas, according to CIRC.

 

As of the end of May, the country's insurers took 545.3 billion yuan (US$68.1 billion) to the savings account, 32.4 percent of the assets, a year-on-year increase of 10.27 percent increase.

 

According to rules drafted by CIRC, insurers will be able to invest in the country's infrastructure sector, real estate, and even buy controlling interests in fund managers and other financial institutions.

 

Chinese insurers posted a combined premium income of 247.66 billion yuan (US$30.95 billion) in the first five months of the year, a year-on-year 12.84 percent rise, CIRC said.

 

CIRC said the insurers earned income from life insurance premiums of 187.13 billion yuan (US$23.4 billion) and 60.53 billion yuan (US$7.56 billion) from non-life insurance premiums, up 13.97 percent and 9.5 percent respectively year on year.

 

China had 82 insurers as of the end of 2005, of which, 42 are life insurers and 40 are non-life insurers.

 

(Xinhua News Agency June 23, 2006)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
4 Insurers Launching Infrastructure Investment
Regulator Opens up Banks to Insurers
Insurers Allowed to Invest Overseas
?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 双城市| 云浮市| 镇平县| 荆门市| 海城市| 扎赉特旗| 榆社县| 修文县| 平陆县| 巴青县| 北安市| 略阳县| 勃利县| 卓尼县| 阜宁县| 布拖县| 五原县| 烟台市| 邻水| 龙州县| 满洲里市| 竹山县| 松溪县| 高州市| 伊吾县| 玉田县| 兰州市| 岳阳市| 远安县| 垣曲县| 西吉县| 开封市| 江西省| 尚志市| 通州区| 遂昌县| 民丰县| 固安县| 枣阳市| 贡嘎县| 深水埗区|