CPIC Premium Growth Slows to 6% YoY in Feb

CPIC (2601.HK, 601601.SH) reported premium income for the first two months of 2010 worth RMB 21.9 billion for its life insurance unit, and RMB 9.9 billion for its property insurance arm. February life premiums came to RMB 10.2 billion, while property premiums for the month came to RMB 3.2 billion, the report said, to mark agreggate premium growth in February of 6.35% y-o-y compared with 18.71% y-o-y in January, Caijing reported.