Ningbo's premiums of insurance in 2011: 14.8 billion yuan
- Details
- Category: Ningbo Business
- Published: Monday, 06 February 2012 09:55
In 2011, the insurance market of Ningbo witnessed a stable development. The income from the premiums of insurance totals 14.839 billion yuan, increased by 16.21% over the precious year and for the growth rate Ningbo ranks the 9th in Chinese cities. Of the total, the income from the premiums of property insurance reaches 7.985 billion yuan, increased by 16.94% over the precious year nearly the same growth rate of the average of the country. The income from the premiums of life insurance reaches 6.854 billion yuan, increased by 15.38% over the precious year, 8.9 points higher than the average growth rate of the country. For the growth rate Ningbo ranks the 8th in Chinese cities.
The insurance business has made more contribution to the social development. In the past year, the premiums of various kinds amount to 5,500 billion yuan, increased by 17% above the same period of last year. The indemnities amount to 4.814 billion yuan, up by 30.6%. In the year The taxes from the insurance business reaches 430 million yuan and the taxes on vehicle and vessel usage collected on behalf of tax departments amount to 317 million yuan. All this has greatly promoted the economic and social development of the city. The pilot program of the insurance for small loans, the pioneering program in the country, went on smoothly. In the year, insurances were provided to 884 small enterprises and 58 farmers for 1,093 loans, involving premiums of 1.42 billion yuan
