News Technology22 Mar 2018

China:Online-only insurer posts net loss of more than US$150 mln for 2017

22 Mar 2018

China's first online insurer Zhongan Online P&C Insurance reported a net loss of CNY996 million (US$157 million) in 2017, against a profit of CNY9.37 million in 2016, according to its annual financial statements.

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