Anbang still seeks growth despite setback
By Li Xiang | China Daily | Updated: 2016-05-05 08:20
Annual profit tops $4.6b, fueled by firm's aggressive investment strategy
Anbang Insurance Group, a little-known Chinese insurer several years ago, has transformed itself into a formidable player both at home and abroad, as the group's net profit and total assets ballooned last year.
Net profit of its four subsidiaries exceeded 30 billion yuan ($4.6 billion) in 2015.
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