News China02 Feb 2018

Cigna & CMB Life makes highest gains among bank-owned insurers in 2017

02 Feb 2018

Cigna & CMB Life has posted net profits of CNY666 million for 2017, representing a surge of 179% over 2016, to become the most profitable bank-owned life insurer last year. Specifically, CIGNA's fourth-quarter net profit of CNY323 million, an increase of 745% over the corresponding quarter the previous year, accounted for 48.5% of the annual profit.

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