News China10 Nov 2023

Non-life insurance sector sees dip in net profits for Jan-Sep 2023 period

| 10 Nov 2023

A total of 78 unlisted P&C insurance companies in mainland China have reported a combined net profit of CNY6.81bn ($935m) for the first nine months of the year, a decrease of 3.1% from the corresponding period last year, according to an analysis of non-life companies' third-quarter solvency reports.

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