News China13 Nov 2020

Aggregate net profits of 82 non-life insurers fall by 16% in Jan-Sep period

| 13 Nov 2020

Seventy percent of the 82 P&C insurers that have lodged their 3Q2020 solvency reports by 3 November reported net profits for the first nine months of this year. The aggregate net profits of the 82 insurers stood at CNY40.5bn ($6.1bn), 16% lower than for the corresponding period in 2019.

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