CPIC’s Strong Growth in Life Insurance Continued into January
CPIC’s life business recorded stronger growth in January, with life premium increasing 56% from the year-ago period, versus 59% in January 2016. Such growth is higher than its close listed peers. The solid growth was attributable to its solid performance in the agent channel with agent headcount growing 40% to around 800,000 from the year-ago period and productivity seeing good improvement. In the face of stricter investment rules and fluctuations in China’s bond market, CPIC’s life business cea...
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