News China22 Oct 2021

Slide continues in life and P&C insurance business of 5 major listed insurance groups

| 22 Oct 2021

The life insurance companies of the five major listed groups reported aggregate premium income of CNY1,314bn in the first three quarters of this year, a year-on-year decrease of 0.48%. Only the life insurance-only insurers, that is, China Life and New China, continued to report premium growth albeit at a much reduced pace than previously.

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