Penghua Prosperity Innovation Hybrid Fund(LOF)-A

CPIC Reports 5.32% YOY Growth in First 11 Months Premium Income

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<p>On December 16th, CPIC disclosed that it recorded a total premium of 438.004 billion yuan in the first 11 months, with a year-on-year growth rate of 5.32%; among them, life insurance…</p>

- China Pacific Insurance reported a premium income of 438 billion CNY in the first 11 months of the year, with a year-on-year increase of 5.32%.  
- Its life insurance and property insurance subsidiaries recorded premiums of 250.3 billion CNY and 187.7 billion CNY, reflecting a growth of 9.4% and 0.3%, respectively.  
- While life insurance maintains steady growth, property insurance faces challenges, including a significant reduction in personal credit guarantee insurance, which impacted overall profitability.

Wallstreetcn

CPIC

In November, CPIC recorded premium income of 438 billion, with differentiated growth rates in life insurance and property insurance