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News - China: 1Q insurance premiums hit US$71 bln

Source: Asia Insurance Review | Jun 2011

CIRC revealed China’s total insurance premiums increased 1.7% in the first quarter of the year from a year ago to 462 billion yuan (US$71 billion). Assets in the industry totalled 5.4 trillion yuan by the end of the quarter and insurers earned 51.5 billion yuan from investments.

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