News China17 Nov 2023

76 life insurers post combined net profits of nearly US$17bn in first 3 quarters

| 17 Nov 2023

The combined net profits of 76 life insurance companies in mainland China slid by 2.16% to CNY122.05bn ($16.88bn) in the first nine months of this year compared to the corresponding period in 2022, according to an analysis of the third-quarter solvency reports of life insurers that had filed these reports as of 1 November 2023.

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