Down 35.08% year on year! Insurance is getting harder to sell
China PICC, China Life, Ping An, China Pacific Insurance and New China Life Insurance report their results for the first three quarters!
On the evening of October 30, China PICC, China Life and New China Life Insurance successively released their third-quarter reports, wrapping up the disclosure of first-three-quarter results by the five A-share-listed insurers. According to the combined third-quarter report data, China PICC, China Life, Ping An, China Pacific Insurance and New China Life Insurance posted total net profit attributable to parent-company shareholders of 276.577 billion yuan for the first three quarters, down 35.08% year on year. $BNB