Property/casualty premium income rises by nearly 8%

Data by the China Insurance Regulatory Commission has showed that the nation's property/casualty insurance premium income increased 7.8% year over year to 600 billion Chinese yuan ($87 billion) in the first nine months of the year, Enterprise Innovation reports. "The total net cash flow of the property/casualty insurance industry has improved in the third quarter of 2016,” said Bo Huang, partner of actuarial services at KPMG Advisory (China) Ltd.

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