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Sumber : http: //amazingnara. com
China’s biggest life insurer, China Life, is expected to post a 95% net profit growth for the first three quarters of the year on the back of increased investment returns.
The company made the announcement in a statement filed to the Shanghai Stock Exchange, based onpreliminary, unaudited calculations.
Given that profits during the January-September period of 2016 reached Rmb13.5 billion (US$2 billion), this implies a figure of Rmb26.4 billion for the same period this year.
China Life said it will reveal further details about its earnings in its upcoming third-quarter report.
In the first six months of the year, China Life posted a 17.8% year-on-year net profit increase, though its profits are still significantly lower than the same period of 2015, when profits were Rmb33.9 billion.
China’s insurers have shown strong performance in the first half after the government crackdown on selling short-term products, which led to the fall of the chief insurance regulator.