News China05 Aug 2022

61 unlisted insurers post over 80% plunge in net profits in 1H2022

| 05 Aug 2022

The aggregate net profit of 61 unlisted life insurance companies in China stood at CNY4.1bn ($611m) for the first half of 2022, plunging by more than 80% compared to the CNY30.5bn reported for the corresponding half in 2021, according to an analysis by Huibao World.

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