Overview of Fund Utilization by my country’s Insurance Companies
1.
Since the beginning of the 21st century, my country's insurance industry has developed rapidly, as reflected in the sustained and rapid development of premium income, insurance asset scale and insurance fund utilization. From 2001 to 2010, my country's premium income increased from 210.9 billion yuan to 1452.8 billion yuan; the scale of insurance assets increased from 459.1 billion yuan at the end of 2001 to 504.8 billion yuan at the end of 2010, and the proportion of insurance assets in financial assets increased year by year. At the same time, my country's insurance fund utilization has also achieved rapid development. Especially in the past two years, although the financial storm caused by the US liechtenstein number subprime mortgage crisis has had a huge impact on the world insurance industry, against the backdrop of a complex economic development environment at home and abroad and a slowdown in the national economic growth rate, my country's insurance market has generally maintained safe and stable operation. By the end of July 2011, my country had realized original premium income of 90.5518 million yuan, total assets of 560.7362 billion yuan, and insurance fund investment of 357.2716 billion yuan. Compared with the same period last year, premium income was basically the same, total assets increased by 22.8%, and insurance fund investment increased by 19.8%.