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International

Insurance sector's premium income up 8.5% in first quarter

May 26, 2015 Reprints

The Beijing insurance industry's premium income increased 8.5% to 47.4 billion Chinese yuan ($7.6 billion) in the first quarter of 2015, the Beijing Insurance Regulatory Bureau said.

Claims payoutw during the period increased 27% to CNY 13.8 billion, Xinhua reported. Property insurance premium income in the city amounted to CNY 9.05 billion in the first quarter.

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Insurance sector's premium income up 8.5% in first quarter

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