News eCin07 Jul 2017

Alarm raised over life agency retention rate

| 07 Jul 2017

China's life industry has seen the number of insurance agents more than double from 3.25 million in 2014 to 7.37 million in the first quarter of this year. This growth, however, belies statistics which show that the 13-month retention ratio stands at below 30%, warns Mr Zhang Yingbin, the Chairman of the Insurance Culture Media Group.

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