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Chinese insurer profits likely to rise by average 73% in 2015


Zhou 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.

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