Ping An’s insurance premium income in the first half of the year is 422.21 billion yuan, down 5.17% year-on-year – #stocks chatter

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Ping An's insurance premium income in the first half of the year is 422.21 billion yuan, down 5.17% year-on-year
On July 15, Ping An of China announced its income for the first half of the year. The group’s subsidiaries Ping An Property & Casualty, Ping An Life, Ping An Annuity, and Ping An Health have registered original premium income of 133.313 billion yuan, 270.218 billion yuan, 12.663 billion yuan, and 6.017 billion yuan respectively from January 1, 2021 to June 30, 2021.

In the first half of 2021, Ping An’s original insurance revenue was 422.21 billion yuan, a year-on-year decrease of 5.17% compared to 445.245 billion yuan in the same period in 2020.

Specifically, the total premium income of Ping An’s life insurance and health insurance business in the first half of the year was 288.898 billion yuan, of which, personal business premium income was 277.192 billion yuan, and group business premium income was 11.705 billion yuan.

Ping An Property & Casualty Insurance’s premium income in the first half of 2021 was 133.313 billion yuan, of which, auto insurance premium income was 89.015 billion yuan, non-motor vehicle insurance premium income was 33.727 billion yuan, and accident and health insurance premium income was 10.571 billion yuan.

Source: Hexun Insurance
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