News China11 Nov 2022

Combined net profits of 74 life insurers dropped by US$6.2bn in first 9 months of 2022

| 11 Nov 2022

The 74 life insurance companies in mainland China that have disclosed their financial results for the first three quarters of this year posted a combined net profit of over CNY121.3bn ($16.5bn), a year-on-year reduction of 27% or CNY45bn ($6.2bn).

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