China's Tai Bao insurance business revenue increased by 44.9% to 0.35 yuan per share

China's Tai Bao (601601) announced the annual report, 2010, the company's insurance business income of 1,395 5.5 billion yuan, an increase of 44.9%, the overall market accounted for 9.9%, compared to the previous year to increase 0.8%. 2010, the ownership of the parent company's shareholder net profit of 8.557 billion yuan, an increase of 16.3%, the basic earnings per share of 1.00 yuan. The Board recommends a 2010-year cash dividend allocation of 0.35 yuan per share (including tax).　　The Kingpin expects the company's insurance business to grow at more than 15% per cent in 2011. In terms of life insurance, the company realized life insurance business income of 87.873 billion yuan in 2010, an increase of 41.7% from a year earlier.　　The market accounted for 8.8%, up 0.5% from the previous year, and insurance business income accounted for 95.5% of the scale premium. Production risk, the 2010 property insurance business income of 51.622 billion yuan, an increase of 50.5%, above the industry average growth of 16%, the market accounted for 12.8%, compared to the end of last year to increase 1.4%;　　Fell 3.8% from the end of last year, with a net profit of 3.511 billion yuan and an increase of 146.9%. Asset Management, at the end of 2010, the company's investment assets reached 4,333, 8.5 billion yuan, an increase of 18.4%, the growth is mainly derived from the company's insurance business cash inflow and investment asset appreciation.　　Accumulated investment income of 20.902 billion yuan, the total investment yield of 5.3%, achieve net investment income of 16.952 billion yuan, net investment yield of 4.3%. At the end of 2010, fixed-income assets accounted for 79.5% of total investment assets, up 5.1% from the end of last year. 2010 added 71.915 billion yuan, focused on super long-term national debt and agreement deposits, a total of 50-year Treasury bonds 13.04 billion yuan. At the end of 2010, corporate equity assets accounted for 11.9% of total investment assets, roughly unchanged from the end of last year.