Hong-Kong based China Taiping Insurance Group Ltd saw premium income grow 39 percent in 2013 to 69.1 billion yuan ($11.14 billion), it said in an e-mail statement on Thursday.

The company's total assets, the statement said, hit 250 billion yuan by the end of 2013, up 23 percent compared to the beginning of last year.

And assets under Taiping's management also rose 31 percent to 350 billion yuan.