News China05 May 2023

5 major listed insurers show 68% jump in 1Q2023 net profits under new accounting standards

| 05 May 2023

Under new accounting standards that took effect for listed insurance companies from 1 January, the net profits attributable to the parent companies of China's five major A-share listed insurance companies surged by 68% to CNY95.96bn ($13.88bn) in the first three months of this year.

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