Ping An Insurance Grp of China : ANNOUNCEMENT OF PREMIUM INCOME

Microsoft Word - Monthly premium income 201607-Eng

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ANNOUNCEMENT OF PREMIUM INCOME

This announcement is made in connection with the unaudited accumulated gross premium income of the subsidiaries of the Company to be released on the website of China Insurance Regulatory Commission.

Pursuant to the "No. 2 Interpretation of Accounting Standards for Business Enterprises" and the "Regulations regarding the Accounting Treatment of Insurance Contracts" of the Ministry of Finance of the PRC, the accumulated gross premium income of the subsidiaries of the Company for the period from January 1, 2016 to June 30, 2016 are set out as follows:

(in RMB ten thousand) January to June 2016 Subsidiaries The accumulated gross premium income

Ping An Property & Casualty Insurance Company of China, Ltd.

8,378,479

Ping An Life Insurance Company of China, Ltd. 16,334,756 Ping An Annuity Insurance Company of China, Ltd. 923,754

Ping An Health Insurance Company of China, Ltd. 31,375

The details of the accumulated gross premium income for the abovementioned period are set out as follows:

(in RMB ten thousand)	January to June 2016
Life Insurance Business*
Individual life	15,124,947
New business	5,915,639
Renewal business	9,209,308
Bancassurance	1,208,941
New business	931,024
Renewal business	277,917
Group insurance	955,997
New business	955,105
Renewal business	892
Total	17,289,885

*The Company conducts life insurance business through Ping An Life Insurance Company of China, Ltd., Ping An

Annuity Insurance Company of China, Ltd. and Ping An Health Insurance Company of China, Ltd.. The accumulated gross premium income for life insurance business of the Company is the total of these three subsidiaries.

(in RMB ten thousand) January to June 2016 Ping An Property & Casualty Insurance Company of China, Ltd.

Automobile insurance 7,062,772

Non-automobile insurance 1,062,451

Accident and health insurance 253,256

Total 8,378,479

Investors are advised to take note that the abovementioned information has not been audited.

By order of the Board

Yao Jun

Company Secretary

Shenzhen, PRC, July 14, 2016

As at the date of this announcement, the Executive Directors of the Company are Ma Mingzhe, Sun Jianyi, Ren Huichuan, Yao Jason Bo, Lee Yuansiong and Cai Fangfang; the Non-executive Directors are Lin Lijun, Soopakij Chearavanont, Yang Xiaoping, Xiong Peijin and Liu Chong; the Independent Non-executive Directors are Woo Ka Biu Jackson, Stephen Thomas Meldrum, Yip Dicky Peter, Wong Oscar Sai Hung, Sun Dongdong and Ge Ming.