PICC Group assumed a risk protection amount of 178 trillion yuan in the first half of the year.

At the mid-term performance release conference held by People's Insurance Group of China on August 28, it was revealed that in the first half of this year, the company assumed risk coverage of 17.8 trillion yuan, with claims paid amounting to 233.5 billion yuan, representing a year-on-year increase of 6.9% and 14% respectively. In the first half of this year, China Life Insurance Group achieved a premium income of 454.6 billion yuan, a year-on-year increase of 6.4%. Among them, property insurance premium income was 323.3 billion yuan, up 3.6% year-on-year; life insurance premium income was 131.2 billion yuan, up 13.8% year-on-year. People's Insurance Company of China's first-year premium income for life insurance reached a historical high for the same period; health insurance premium income also reached a historical high for the same period, surpassing the 40 billion yuan mark for the first time.