Summary by Moomoo AI
China Taipo announced on April 16, 2024 that the cumulative original insurance business revenue of China Pacific Life Insurance Co., Ltd., reached RMB 916.86 billion in the first quarter of 2024, down 5.4% from the same period last year. Another subsidiary, China Pacific Property Insurance Co., Ltd., recorded cumulative original insurance business revenue of RMB624.91 billion, up 8.6% year-on-year. The data is unaudited and investors should pay attention. The announcement was issued by the Chairman, Mr. Fu Fan, on behalf of the Board.