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

Posted On: Jan. 4, 2016 12:00 AM CST

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.