Insurance Post

Fosun's insurance profits fall as revenues more than double in first half

profit-drop

Chinese conglomerate Fosun's insurance division saw mixed fortunes in the first half of 2016.

While overall revenues climbed 146% from 5.33bn yuan (£608m) in H1 2015 to 13.1bn yuan as it bedded in acquisitions, profits fell 43.5% to 1.01bn yuan.

The group owns a variety of global (re)insurers

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