China Taiping Insurance : PREMIUM INCOME OF SUBSIDIARIES

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 966)

ANNOUNCEMENT

PREMIUM INCOME OF SUBSIDIARIES

Pursuant to the "Regulations regarding the Accounting Treatment of Insurance Contracts" issued by the Ministry of Finance of the PRC, the gross premium income of the subsidiaries of the Company for the period from 1 January 2020 to 31 August 2020 and the corresponding period in 2019 are set out as follows:

	January 2020	January 2019
Name of Subsidiaries	to	to
	August 2020	August 2019
	RMB million	RMB million
Life Insurance Business:
Taiping Life Insurance Company Limited ("TPL")	105,820.97	104,298.53
Property & Casualty Insurance Business:
Taiping General Insurance Company Limited	18,841.28	17,490.63
Pension Business:
Taiping Pension Company Limited	3,881.72	3,321.41

For the breakdown of gross premium income of TPL, please go to the website of the Company at www.ctih.cntaiping.com.

The gross premium income mentioned above is unaudited. Investors are advised to exercise caution.

By Order of the Board of

China Taiping Insurance Holdings Company Limited

ZHANG Ruohan

Company Secretary

Hong Kong, 14 September 2020

As at the date of this announcement, the Board comprises 12 directors, of which Mr. LUO Xi, Mr. WANG Sidong, Mr. HONG Bo and Mr. XIAO Xing are executive directors, Mr. GUO Zhaoxu, Mr. HU Xingguo, Ms. ZHANG Cui and Mr. YANG Changgui are non-executive directors, and Dr. WU Jiesi, Mr. ZHU Dajian, Mr. WU Ting Yuk Anthony and Mr. XIE Zhichun are independent non-executive directors.