As of January 20, the original insurance premium income data (unaudited) of the eight listed insurance companies for the whole year of 2021 has been fully disclosed. According to statistics, 8 insurance companies of Ping An, Chinese Life, China Pacific Insurance, Chinese Insurance, Xinhua Insurance, China Taiping, Guohua Life and ZhongAn Online achieved a cumulative original insurance premium income of 2.73 trillion yuan from January 1 to December 31, 2021, an increase of 0.52% year-on-year.
From the perspective of premium growth rate, the premiums of 7 insurance companies achieved positive year-on-year growth, of which ZhongAn Online and Guohua Life achieved double-digit growth in premium growth, up 21.89% and 16.29% year-on-year, respectively, while Ping An's premium income fell by 4.64% year-on-year, making it the only company with negative growth among listed insurance companies.
From the perspective of premium scale, Ping An's original insurance premium income was 760.333 billion yuan, ranking first among listed insurance companies, and the premium income of property and life insurance "leading" Chinese insurance and Chinese life insurance was 581.047 billion yuan and 620 billion yuan respectively.
The original insurance premium income of listed insurance companies in 2021
According to the announcement of the premium income of various companies, the premium income of the original insurance contract of Ping An of China in 2021 was 760.333 billion yuan, down 4.64% year-on-year. Among them, the original premium income of Ping An Property & Casualty Insurance was 270.043 billion yuan, down 5.53% year-on-year; the original premium income of Ping An Life was 457.035 billion yuan, down 4% year-on-year; the original premium income of Ping An Pension was 22.022 billion yuan, down 16% year-on-year; and the original premium income of Ping An Health was 11.233 billion yuan, an increase of 22.34% year-on-year.
Chinese Life's cumulative original insurance premium income in 2021 was about 620 billion yuan, an increase of 1.16% year-on-year.
Chinese insurance's original insurance premium income in 2021 was 581.047 billion yuan, an increase of 3.67% year-on-year. Among them, piccables original insurance premium income was 448.384 billion yuan, an increase of 3.8% year-on-year; PICC life insurance original insurance premium income was 96.847 billion yuan, an increase of 0.7%; PICC health original insurance premium income was 35.816 billion yuan, an increase of 11% year-on-year.
CPIC's original insurance premium income in 2021 was 362.673 billion yuan, an increase of 1.72% year-on-year. Among them, the original insurance premium income of CPIC Life Insurance was 209.61 billion yuan, an increase of 0.55% year-on-year, and the original insurance premium income of CPIC Property & Casualty Insurance was 153.063 billion yuan, an increase of 3.35% year-on-year.
Xinhua Insurance's original insurance premium income in 2021 was 163.47 billion yuan, an increase of 2.48% year-on-year.
China Taiping's original insurance premium income in 2021 was 182.926 billion yuan, an increase of 2.54% year-on-year. Among them, taiping life's original insurance premium income was 148.695 billion yuan, an increase of 3% year-on-year; Taiping Property & Casualty's original insurance premium income was 27.521 billion yuan, a decrease of 2.13% year-on-year; And Taiping pension insurance premium income was 6.711 billion yuan, an increase of 13.49% year-on-year.
Guohua Life's original insurance premium income in 2021 was 37.841 billion yuan, an increase of 16.29% year-on-year.
ZhongAn Online's original insurance premium income in 2021 was 20.36 billion yuan, an increase of 21.89% year-on-year.