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China Daily | Updated: 2015-04-29 07:19
Governments and policies
Insurance firms report better earnings in Q1
Insurance companies in China saw their profit more than double in the first quarter thanks to the steady growth in premium income and the surge in investment returns from the stock market, data from the China Insurance Regulatory Commission showed on Tuesday. Profits in the insurance sector during the first quarter reached an estimated 87.09 billion yuan ($14.1 billion), up by 142.6 percent from the same period last year.
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