Insurance companies in China collected CNY1.022 trillion in premiums between January and November, up 11.65% from a year earlier, the state-run Xinhua News Agency reported Thursday, citing the China Insurance Regulatory Commission.
This year will be the first that China’s insurance premiums have surpassed CNY1 trillion, the report said.
The insurers’ return on investment in the January-November period totaled CNY195.4 billion. The average return on investment ratio among the firms was 5.91% for the period, the report said.
