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PICC Property Inks RMB 1b Shanghai Expo Contract

2010. 7 April

(jlmpacificepoch.com) PICC Property and Casualty (2328.HK) generated premium income of more than RMB 176 million by signing an RMB 1 billion comprehensive liability contract with the Shanghai Expo Affairs Coordination Bureau for the 2010 World Expo site, eeo.com.cn reported. PICC Property and Casualty is the exclusive insurance partner of the Shanghai Expo, the report said.

As of March 23, 2010, PICC Property and Casualty had generated premium income of more than RMB 200 million from comprehensive liability contracts, the report said.

Source: www.jlmpacificepoch.com