News Non-Life24 Mar 2021

China:ZhongAn turns around performance to report net profit in 2020

| 24 Mar 2021

ZhongAn Online P & C Insurance, a leading online-only insurance company, posted net profit attributable to owners of the parent company of CNY553.8m ($85m) for the year ended 31 December 2020, according to financial statements filed by the company. The profit represented a turnaround from a net loss of CNY454.1m in 2019.

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