Return on Investment by Insurers Fetches 2.8%

China's insurers reported a 2.77% return on investment for the first eight months of 2010, according to an insurance regulator official. The percentage climbs to 5% if all the investments since 2004 are counted totaling ¥886 billion ($1 = ¥6.7), said Wu Dingfu, head of the China Insurance Regulatory Commission. As of August 2010, insurance assets totaled ¥4.7 trillion and insurance operating capital ¥4.3 trillion, five times the amount seen in 2003, said Wu. Of the ¥4.3 trillion, 29.7% were invested in bank deposits, 50.5% in bonds and 16.9% in equity ownership.