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7 months ago
China regulator says insurers reaped $449 bln in premium income in 2016
January 12, 2017 / 7:27 AM / 7 months ago

China regulator says insurers reaped $449 bln in premium income in 2016

BEIJING, Jan 12 (Reuters) - China's insurance regulator said on Thursday the country's insurers made a total of 3.1 trillion yuan ($448.6 billion) in premium income in 2016.

The remarks were made by China Insurance Regulatory Commission spokesman Zhang Zhongning at a news conference in Beijing.

$1 = 6.9105 Chinese yuan Reporting by Shu Zhang and Nicholas Heath in Beijing; Writing by Engen Tham in Shanghai; Editing by Jacqueline Wong

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