News eCin12 May 2017

22 life insurers post combined losses of US$1.4 bln for 2016

| 12 May 2017

22 life insurers have reported a combined net loss of CNY9.5 billion (US$1.4 billion) for 2016, according to an analysis of their annual reports submitted by 30 April. They represent around 30% of the total number of life insurance companies in the country.

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