China insurance profit grows 158% in first four months
Posted on May 24th, 2010 in Life Insurance Blog
China insurance profit grows 158% in first four months
Statistics from China Insurance Regulatory Commission (CIRC) shows total profit of insurance companies has increased from 17 billion yuan to 27.8 billion yuan, representing a 158.13 percent growth in the first four months. Life insurance companies estimated an increase of 8.4 billion yuan of total profit to 18.2 billion yuan, representing an 86.41 percent growth while non-life insurance …
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