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Chinese insurers' premium volume up in first 11 months of 2015


The China Insurance Regulatory Commission said that premium volume in the country's insurance sector increased by 19.67% to 2.24 trillion Chinese yuan ($344 billion) in the first 11 months of 2015, Sina.com.cn reported.

Premium volume from the property/casualty business increased 10.80% to CNY 714.86 billion.

The sector's assets totaled CNY 12.079 trillion as of November.

Reinsurers' assets amounted to CNY 553.62 billion at the end of November.

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