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New China Life Insurance premium income up 44 pct in Jan.-Feb.
Last Updated: 2020-03-14 13:06 | Xinhua
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New China Life Insurance Company Ltd. obtained 39.56 billion yuan (about 5.65 billion U.S. dollars) in premium income for the first two months, according to a company statement.

The unaudited reading was up 44.22 percent compared to the same period last year.

In February alone, the A-share listed insurer reported a total premium income of 8.86 billion yuan, up 18.04 percent year on year.

The rise in premium income came as the world's second-biggest insurance market was battling against COVID-19 outbreak.

Health insurers are encouraged to expand liabilities of accident and health insurance plans to cover COVID-19 infection in offerings, the China Banking and Insurance Regulatory Commission said last month.

(Editor:Fu Bo)

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New China Life Insurance premium income up 44 pct in Jan.-Feb.
Source:Xinhua | 2020-03-14 13:06
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