Sunday, February 27, 2011

Shanghai good start the first time in five years, a negative growth of life insurance

 A result, we can understand the insurance a good start in January the Shanghai Heavy-year data of the phenomenon.

Shanghai insurance market, more than half of the premium income of insurance companies there are different degrees of decline, which Masanori Shanghai minutes, English sub-Shanghai Great Life, Switzerland Shanghai Thai Life Insurance premiums fell three points more than 90%.

a larger proportion of the property insurance market share companies, only slight decrease in reinsurance premium Chinese joint Shanghai 0.0044 billion.

CPIC in Shanghai to take home advantage can be described as property insurance market, ranking first chair. Financial Pacific Insurance premium income of Shanghai and points in January 771 million, an increase of 26.41%. However, the larger its market share is lost, up 3.7 percentage points.

Shanghai and points in January Ping Insurance premium income 603 million yuan, an increase of 40.21%, ranked second in its market share dropped 0.9 percentage points. (This article Source: Securities Times - Capital Securities Network)

comparative public information, the reporter found that in the echelons of the company-owned property insurance, the added responsibility of Shanghai sub-Chang, Ding and property shares in Shanghai and points and PICC and shipping center Shanghai Property Shanghai Cinda points. Which was approved in August 2010 shares in the establishment of the Shanghai People's Insurance premium income achieved shipping center, 469 million, ranked the fourth-funded property insurance company.


life compared to the country in a strong position on the life insurance market, its performance in the property insurance market pales. Shanghai, China Life Insurance premium income in January only to sub-064 million yuan, up 13.93%, owned property company in the top echelon of decline in one spot, ranked eighth in market share also fell by 0.54 percentage points.

If an insurance company for each compared to a stock, then the Shanghai market, more red tape is less green, which green leaves point to a particularly eye-catching red, of which Shanghai Heng Kang Tianan points ( virtual) to achieve premium data in January 177 million, with 1400% year on year growth rate out of a big red flower, the status of the foreign life insurance quickly jump up the ranks, from the fourteenth rose to first place in market share to 3.11%. Bank of Shanghai and points CMG (virtual) performance is not bad, an increase of 400%.

premium data and market share from the point of view, Ping An Life Insurance premium income of 1.151 billion yuan, down 21.35%, the market share decline from last year's 21.31% to 20.16%;

Great Britain and Shanghai and reinsurance premium income from the property in January last year, 0.005 billion yuan, jumped to 0.98 billion yuan, up by 21,693 percent Chang, the largest increase; market share rose to 2.8% in the financial resources of the status of insurance companies, but also the last one from last year, rose to sixth place.

in the property insurance market, but also a different picture of. January of the original premium income of 3.472 billion yuan, an increase of 48 percentage points, be a good start ushered in the large sunny.

Shanghai Grand Insurance premium income divided by the 001 million yuan last year rose to 011 million yuan, an increase of 916%; export credit reinsurance premium income of Shanghai increased from the 016 million yuan to 0.40 billion yuan, up growth of 151%.


■ trainee journalist Kong Ruimin

point of view from premium seating, Ping An Life, China Life tenacious champion, second place position, CPIC Life is Taikang catch up to narrowly ranked fifth.

Pacific Insurance premium income of 468 million, down 4.87 percentage points market share lost 2.26 percent.

three major insurance companies account for nearly half of the market, their every move affects the performance of the entire market.

2 22, the Shanghai Insurance Regulatory Commission announced in January this year the lead in the premium data, January to achieve total premium income of 9.18 billion yuan of the original, a slight decrease compared to 045 million yuan last year. It is worth noting, Shanghai in January this year to achieve the original life insurance premium income of 5.825 billion yuan, down 16.30%, according to Insurance premium income of 3.355 billion yuan to achieve the original, out of 1.09 billion yuan last year, an increase of 48.10%.

addition to Shanghai and Thailand points, points of TPI Shanghai, Japan, Shanghai and points of property, Ampang Shanghai points, Winterthur Shanghai and points are more than 50% increase.

life insurance: down 16.30%

China Life premium income of 1.058 billion yuan, down 12.91%, but its market share also increased by 0.86 percentage points to 18.53%;

Insurance: an increase of 48.10%

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