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China Pacific Insurance units H1 premium income 54.6 bln yuan

China Pacific Insurance (Group) Co Ltd (SHA 601601) said two units booked unaudited premium income of 54.6 bln yuan in the first half of 2008.

In a statement filed with the Shanghai stock exchange, the insurer said China Pacific Life Insurance had premium income of 38.9 bln yuan in the first half, while China Pacific Property Insurance had income of 15.7 bln.

The units booked premium income of 32.8 bln yuan and 12.8 bln respectively in the first five months of 2008.

(1 usd = 6.8 yuan)

zachary.wei@xfn.com

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