News eCin09 Nov 2018

83 non-life insurers post combined net gains of US$3.5bn for Jan-Sep

| 09 Nov 2018

Solvency reports filed for 3Q2018 by 83 non-life insurers operating in China show that their combined profits stood at CNY24.16bn ($3.49bn) for the first nine months of this year. Only 43 of the insurers were profitable during the period while 40 others reported a combined loss of more than CNY4.6bn.

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