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.
(a joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 2328)
ANNOUNCEMENT IN RELATION TO PREMIUM INCOME
PICC Property and Casualty Company Limited (the "Company") announces the original insurance premium income of the Company for the period from 1 January 2020 to 31 August
2020 as below:
Original insurance | Year-on-year | |
premium income | change | |
RMB Million | % | |
Motor vehicle insurance | 175,380 | 5.1 |
Accidental injury and health insurance | 54,228 | 18.8 |
Agriculture insurance | 29,669 | 15.4 |
Liability insurance | 19,905 | 3.8 |
Commercial property insurance | 11,029 | 0.3 |
Credit and surety insurance | 5,194 | -67.0 |
Cargo insurance | 2,608 | -4.5 |
Other insurance | 9,605 | 3.9 |
Total | 307,618 | 3.9 |
The above information is prepared pursuant to the PRC Accounting Standards for Business Enterprises and is unaudited and has not been reviewed by the Audit Committee of the Company. Investors should exercise caution not to unduly rely on such information.
By Order of the Board
PICC Property and Casualty Company Limited
Zou Zhihong
Secretary of the Board
Beijing, the PRC, 11 September 2020
As at the date of this announcement, the Vice Chairman is Mr. Xie Yiqun (executive director), the non-executive director is Mr. Li Tao, Mr. Jiang Caishi and Ms. Xie Xiaoyu are executive directors, and the independent non-executive directors are Mr. Lin Hanchuan, Mr. Lo Chung Hing, Mr. Ma Yusheng, Mr. Chu Bende and Ms. Qu Xiaohui.
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PICC Property & Casualty Co. Ltd. published this content on 11 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 September 2020 08:49:04 UTC