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Saturday, June 11, 2011

April premium reduction per cent 29% for payment up 33%

Industry: 0.9% payment of premiums increase with increasing 33% according to the latest data, in April before national scale premium amounted to $ 570.8 billion, $ 565.5 billion over the same period last year increased $ 5.3 billion, growth of 0.9%, and per cent growth over the same period last year to 37%. From the perspective of one-month premiums, the first four months of this year falling scale premium basic rendering situation. One month and one-month premium $ 171.7 billion this year in February to $ 136.6 billion, the scale of premiums are super for two months over the same period last year. Last month of March as an auspicious start, premium income of only $ 153.4 billion, April. In March or April of one-month premiums are lower than the same period last year. Last year, one-month premiums average growth rate of more than 36%, and this year only to 0.7%. Recommended reading insurance weekly: increased warehouse investment over 30,000,000,004 months insurance funded deposits moved near billions of cast even insurance May then case Waterloo income differentiation country life cast even insurance success escape top 5 name foreign executives joined China peace Qian May Beijing insurance intermediary was penalty million history with shares mass insurance holding 20% Qiming: shocks city in the how mining Daniel unit however, insurance of lost pay expenditures is does not due to premium income of reduced and stop. First in April of this year the original indemnification expenditure amounted to $ 129.2 billion, $ 97.4 billion over the same period last year, an increase of 31.8 billion yuan, up growth of 33%, making risk enterprises face even greater pressure. Specific to each month, pay increase in the amount of more visible. This year month original insurance lost pay expenditures for 35.5 billion yuan, more last year over of 24.5 billion yuan increased increased 11 billion yuan, per cent growth for 45%; this year February lost pay expenditures 25.2 billion yuan, more last year over of 21.4 billion yuan increased increased 3.8 billion yuan, per cent growth for 18%; March original insurance lost pay expenditures for four months in the highest value, for 37.3 billion yuan, more last year over of 27.3 billion yuan increased increased 10 billion yuan, per cent growth for 37%; April original insurance lost pay expenditures 31.2 billion yuan, more last year over of 24.2 billion yuan increased increased 7 billion yuan, per cent growth for 29%. Insurance: life insurance 11% property insurance increased cent reduction with the first four months of this year, gross premium income $ 570.8 billion national scale, where the scale of property insurance premium income $ 153.9 billion, $ 134 billion over the same period last year increased by $ 19.9 billion, growth 14.85%; life insurance premium income of 416.9 billion yuan, 431.5 billion yuan over the same period a year earlier loss of $ 14.6 billion, growth-3.4%. Among them, life insurance, health insurance, accident insurance premium scale maintain positive growth trend, and life insurance premiums appear a negative growth. Data show that national April cumulative life insurance premium revenue 381.7 billion yuan, up-4.2%; accident insurance premium revenue of 11.533 billion yuan, an increase of 20.93%, health insurance premium revenue of 23.704 billion yuan, an increase of 0.41%. Visible slowdown mainly life insurance industry scale premium dragged down. Judging from the monthly premiums, April property insurance premium scale before this year are: $ 47.7 billion in January, $ 23.5 billion in February, $ 42.1 billion in March, $ 40.6 billion in April, and HK $ 34.6 billion in the same period last year, compared to $ 34.3 billion, $ 21.2 billion and $, most of the month premiums are increased, up growth, 8.7%, and 22.7%, respectively. Opposite of life insurance, compared with the same period last year, gap is larger. Month scale of life insurance premiums to 124 billion yuan this year, compared with $ 120.3 billion over the same period last year increased 3%; February reduced to $ 113 billion, $ 113.3 billion over the same period last year increased slightly 0.3% March scale premium $ 111.4 billion, $ 121.1 billion over the same period last year growth-8%; $ April size of 768-11% growth of premiums over the same period last year. Therefore, it is not considering the weak effect of new accounting standards, with the passage of time, banks and insurance companies did not eliminate the impact of the new deal. Assets: total of 53,000 down 1.3% low since December 2010 the total assets of the insurance industry across the 5 trillion mark this year continued to increase, except for April. In January this year total assets of 5.081 trillion yuan, representing an increase of December last year, growth 0.65% per cent; in February this year total assets of 5.2077 trillion yuan, substantial increase in the $ 126.6 billion per cent growth rate 2.5% March total assets of 5.4064 trillion yuan, increasing $ 198.6 billion, was growing at 3.8% per cent and April this year, total insurance assets had declined to 5.3359 trillion yuan, increase-$ 70.5 billion per cent growth rate is-1.3%. And insurance assets only in January last year of negative growth. Closely linked with the utilization of insurance funds, at the end of April, the utilization of insurance funds balance is 4.95 trillion yuan, representing a $ 5.02 trillion in March, a drop of 1.4%. Bank deposits 1.5268 trillion yuan, representing of March decreased 1.6257 trillion; invest 3.4226 trillion yuan, representing about 1% per cent in March increased. In addition, data shows that by the end of March, insurance funds utilization ratio as follows: $ 1.6257 trillion in bank deposits, total 32.4%; $ 2.34 trillion in bonds, versus 46.7%; $ 282.7 billion of securities investment funds, total 5.6%, stock 409.7 billion yuan, total 8.2%; $ 178.3 billion of long-term equity investment, total 3.6%; investment real estate $ 21.5 billion, total 0.4%. In January-March, revenue will be $ 51.5 billion insurance funds utilization, average yields of 1.07%. Company: running forward share of foreign capital Super 6% premium, one of the most obvious feature is that foreign investment in the investment back. At the beginning of foreign companies into China, industry insiders call "Wolf", but after about 10 years of development, foreign companies makes people wonder what is a wolf or a sheep. In addition in 2005, the Italian life even bigger single, unprecedented on the market share of foreign capital so fly no arrivals after 36.71% of highs, after all the way down. In January this year, nearly 30 foreign market share of life insurance company and was once dropped to 3.03%, and a Chinese Taiping life similar to the market shares of the company, however, this situation is in April of this year the turn. This year the market share of foreign capital from the, 3.03%, 4.17%Per cent in April. Last year foreign investment life insurance market share above 6% in July, November and December only three months. Both in terms of market share and the sequential data, this April, foreign life insurance companies is all's eyes light up. In April, 48 per cent growth in premium life insurance company, maintaining positive growth of the company only had 9. 7 of them are foreign companies, two other companies in a peaceful pension, a safe and healthy. Foreign life insurance companies including growth per cent higher, just merge most of the success of Sino-US joint Thai per cent growth 693.75% being the; BOCOM CMG relying on favourable background keeps the position of shareholders, growth 214.86% the second largest per cent; new light Navy, HSBC life, June Long Renshou, Jinsheng and Heng an standard life also was some positive growth per cent. And this in 7 foreign life insurance companies, in addition to the Bank of colonial and Heng an standard, up among the best growth also. From the year data, development of medium and small domestic life insurance company in this year more eye-catching. Postal life insurance premiums in April in $ 560 million, up 2306.08% the growth rate, most extreme row per cent growth in the first place; Centennial life achieving 367.01% per cent premium growth; foreign companies new light Navy, HSBC life, Sino-US joint Thai city and Jinsheng life growth per cent respectively, 357.22%, 120.27%,, top ten. All stabilized life this year under pressure from banks and insurance companies, gradually become the benchmark for small and medium-sized insurance and enterprise, April premium growth rate 141.64% per cent, growth in sixth place. And most scale premium income home Qian of company faced huge of premium growth pressure, peace life market share accounted for 13.56%, per cent growth-12.24; Xinhua life market share for 8.91%, April scale premium per cent growth for-8.59%; in recent years rank soaring of protection life insurance April market share for 7.56%, row fifth bit, per cent growth-6.19%; Taikang life is scale premium Qian ten name company in the per cent decline most fast of, its market share for 7.06%, per cent growth-26.04%.