Insurance Post

Chinese P&C insurers see profits decline 29% in first nine months

declining market

China's P&C insurers saw profits fall 29% to 48.2bn yuan (£5.8bn) in the first nine months of the year compared with the same period in 2015.

In the first three quarters of 2015 overall investment returns at insurers (including life) slumped 19% to 482.9bn yuan according to the China Insurance Regulatory Commission.

A stockmarket slump and

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