Chinese insurer profits likely to rise by average 73% in 2015
Posted On: Jan. 25, 2016 12:00 AM CSTZhou Yanli, vice chairman of the China Insurance Regulatory Commission, said that net profits of the nation's insurance industry are likely to rise by an average of almost 73% year on year in 2015, Asia Insurance Review reports.
Data from the CIRC has estimated that the industry's profits increased 95% year on year to 244.02 billion Chinese yuan ($37.1 billion) during the first nine months of 2015.