China Taiping Insurance Holdings Co Ltd, announced sales results for the year of 2013. For the year, insurance premium income totaled RMB 63.98 billion in 2013, 41.7% more than in the previous year. Last year, the Hong Kong listed company's life insurance business recorded RMB 51.85 billion in insurance premium income, reflecting a growth of 42.24% year on year.

The property and casualty insurance business saw its premium income surge 39.03% year on year to RMB 10.8 billion in last year. The pension insurance sector realized RMB 1.33 billion in insurance premium income in 2013, 43.58% more than it realized in 2012.