OREANDA-NEWS. June 15, 2011. Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or "the Group", HKEX: 2318; SSE: 601318) announced today that the Group's four subsidiaries recorded an accumulated gross premium income of RMB 100.296 billion for the period from January 1 to May 31, 2011, representing a 40% year-on-year growth from RMB71.975 billion.

According 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 Group's subsidiaries, namely Ping An Life Insurance Company of China, Ltd., Ping An Property & Casualty Insurance Company of China, Ltd., Ping An Health Insurance Company of China, Ltd. and Ping An Annuity Insurance Company of China, Ltd., for the period from January 1, 2011 to May 31, 2011 were RMB64,124.08 million, RMB33,689.05 million, RMB51.13 million and RMB2,432.08 million, respectively, representing a year-on-year growth of 41%, 36%, 59% and 40%.