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News China12 May 2023

Around 70% of 83 P&C insurers report net profits in 1Q2023

| 12 May 2023

The 83 P&C insurance companies that have presented their 1Q2023 solvency reports posted a combined profit of CNY16.95bn ($2.44bn) for the quarter, an increase of CNY1bn or 6.3% compared to the corresponding quarter in 2022.

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