China Ping An Insurance (Group) Co., Ltd. Premiums and Billing Expenses

China ping an insurance co., ltd (23 18. H K) Last Friday, it was announced that the net profit in the third quarter increased by 155.4% year-on-year thanks to the increase in premiums and investment income.

In the three months ended September 30th, the company achieved a net profit of RMB 5.4 billion (US$ 890 million), compared with RMB 2,654.38+RMB 300 million in the same period last year. China Ping An is the second largest life insurance company in China in terms of premium income.

China Ping An announced that the premium and billing fee income increased by 65,438+05.3% to 60.07 billion yuan, and the investment income increased by 65,438+029.8% to 65,438+0422 million yuan.

In the nine months to September, the company's net profit increased by 45. 1% to RMB 23.34 billion.