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Economy

38 non-listed life insurance companies gain net profit of 32.5 bln yuan in 2018

February 18, 2019


Abstract : 38 of non-listed life insurance companies gained a total net profit of 32.5 billion yuan in 2018, according to Securities Daily reported Monday.

BEIJING, Feb. 18 (Xinhua) -- Among 70 non-listed life insurance companies that had disclosed net profit data, 38 of them gained a total net profit of 32.5 billion yuan in 2018, according to Securities Daily reported Monday.

Taikang Life Insurance Company had the largest net profit of 11.86 billion yuan in 2018, following by Sunshine Life Insurance Company and Hua Insurance Company with the net profit of more than three billion yuan respectively.

However, 32 non-listed life insurance companies got a total loss of 14.4 billion yuan, and two of them reported loss of more than one billion yuan. (Edited by Tong Wei, tongwei@xinhua.org)

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Keyword: China-Life-Insurance net-profit

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