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BRIEF-New China Life Insurance expects half-year profit before tax to reduce
August 29, 2017 / 11:04 AM / a month ago

BRIEF-New China Life Insurance expects half-year profit before tax to reduce

Aug 29 (Reuters) - New China Life Insurance Co Ltd :

* As at 30 June, changes in accounting estimates resulted in increase in liabilities of life insurance contracts by RMB1.22 billion

* As at 30 June, changes in accounting estimates an increase in liabilities of long-term health insurance contracts by RMB776 million

* Profit before tax reduced by RMB1.99 billion for the six months ended 30 June Source text: bit.ly/2vFP3Y4 Further company coverage:

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