News Column

ABC Life H1 Premium Up 48%

July 10, 2014

BEIJING, July 10, SinoCast -- ABC Life Insurance recorded premium revenue of CNY 6.4 billion in the first half of this year, growing 48% over a year earlier.

Initial premium hit CNY 5 billion, growing 59%.

Sales channels include five major channels, such as individual insurance, bancassurance, group insurance, phone sales and wealth channel. Bancassurance still contributed the most premium income to the company in the first half of this year.

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Source: Sinocast Insurance Beat (China)

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