December 14, 2008

Guangdong's insurance market growth rate come down gradually in effective control of regional

Guangdong Baojian Ju spokesman, said Yang Yan Song 21, for the beginning of the Guangdong development of the insurance industry for signs of overheating, Guangdong insurance system in a timely manner the implementation of the regional macro-control. In the first three quarters of this year's statistics, Guangdong's insurance market growth rate down gradually, regional control to bear fruit.



According to Yang Yan Song, Guangdong's insurance market (excluding Shenzhen) in the first 9 months to achieve premium 73,620,000,000 yuan, up 58.3 percent. The property insurance premium income 15,730,000,000 yuan, up 12.5 percent; life insurance premium income 57,880,000,000 yuan, an increase of 78%.



Guangdong's insurance market in the first three quarters growth rate down gradually, regional macro-control to bear fruit. From the quarter premium growth, Guangdong in the first quarter of this year, the premium for the 79.9 percent growth rate. Bao Jianju in Guangdong increased restructuring, the premium growth in the second quarter dropped to 57%, down 22.9 percentage points. The third quarter growth rate was 36.8 percent premium over the second quarter dropped 20.2 percentage points lower than in the first quarter by 43.1 percentage points.

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