Chinese insurance firms report record growth following covid-19 outbreak

clock • 1 min read

China's insurance companies reported strong month-on-month growth in premium income last month as combined premium income rose to by 92.4% MoM. The five registered insurers in mainland China, including China Life Insurance and the People's Insurance Company Group of China (PICC), benefitted from China's gradual return to work following the worst of the covid-19 outbreak in February. Some of the growth was also attributed to the companies' move to offering online services. China Life Insurance saw its premium income surge 131.3% from February to March. And in results for 1Q2020, China ...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.