Investment Yields of China's Insurance Companies Up 3.44% in H1
Published:
2009-08-03
The China Insurance Regulatory Commission announced that the investment income yielded by China's insurance industry was up 3.44% in the first half of the year, at a press conference on Friday. Fixed income investment accounted for 56.08 billion yuan, or 51%, of the total while investment in equites provided 47.8% of the income. The industry invested a total of three trillion yuan. CIRC also announced that it had no intention of reducing the current cap on insurers' stock market investments, which are currently limited to10 percent of assets directly in stocks and 15 percent in mutual funds.
Source
China.com.cn
Google Translation
Source
China.com.cn
Google Translation
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