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Income gap widens among insurance salespeople

By Song Hongmei (chinadaily.com.cn)
Updated: 2007-04-18 09:54

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The annual income of salespeople in the insurance sector averaged 17,900 yuan (US$2,316) last year, an increase of 13.5 percent from a year earlier, data from the insurance regulator showed.

China had insurance salespersons of more than 1.55 million as of the end of last year. The per-capita premiums they collected amounted to 162,000 yuan, up 10 percent, according to the statistics of theChina Insurance Regulatory Commission.

The annual salary for top earners in the industry reached 1 million yuan while for those at the bottom was less than 10,000 yuan, reported theBeijingBusiness.

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The full text is available in the April Issue ofChina Insurance.