Insurance Post

China's insurers double profits

profit-graph

In 2013, China's insurers more than doubled profits last year to 99.1bn yuan ($16.4bn). Total profits grew by 112.5%, according to the China Insurance Regulatory Commission.

Across the industry, premiums in 2013 were 1.72trn yuan ($284bn), an increase of 11.2% over 2012. The general insurance sector grew at 16.5% with premiums totalling 621.2bn yuan with the life market

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